Automotive

Business Auto Loan Lenders

Diagnostic equipment financing, used auto equipment, tire changing machine, wheel alignment, automotive lifts, spray booth financing, paint booth, automotive repair, Working capital loans. Tow truck financing. Truck financing.

The only constant in the automotive industry is change. Who would of thought that we could hail a ride from our smart phone and be dropped off anywhere. How about software that leads us to difficult solutions for electrical problems and onboard diagnostics? Or paints and processes that enable dent repair to be a fraction of what it used to be? They, like alternative financing are here today and need to be utilized by successful operators.

You need that dio machine but just as important you need training for the personnel using it. Business is steady but most of your cash flow is spoken for. Just the slightest uptick in business will have cash flowing to the bottom line. You’ve come across a slightly used piece of equipment that will put your cash flow over the top. Traditional finance sources aren’t interested but Phalanx has sources that can help because that’s what they do. The rate may be a bit more but you decide to use the money for less time. The machine is acquired and before you know it more cash is streaming in because you can take more work on! Employee morale improves and you have a winning story to tell! Consult with Phalanx and see what alternatives are there for you.

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