Business financing referrals · Repair businesses

Explore funding for repair tools and replacement parts.

Repair work often starts with a diagnosis and a parts order. Explain the tools, stock or workspace expense you need to cover, using the work already booked as context.

Illustration of repair businesses and their working space

Business funding · Repair businesses

Moving your request forward

Follow your request through the next steps

01

Amount, use and timing

Identify the expense and select the funding purpose and urgency that correspond to it.

02

Operating information

Complete the business-name, industry, revenue and history fields together with the approximate credit range.

03

Review and send

Check your answers, review the consent wording and use the verification code before submitting the request.

Collect the key details

A useful checklist before you begin

Gather the business basics and check the expense calculation before you begin the application.

  • 01Your purchase plan, estimated cost and schedule
  • 02Your revenue bracket and how long the business has run
  • 03Your business category, name and approximate credit band
  • 04The owner’s contact information and phone access
Illustration of repair businesses equipment and workspace
Illustration of repair businesses equipment and workspace

Repair businesses · funding preparation

Account for the interval before customers pay

Use completed jobs and realistic turnaround times when planning workshop spending. A backlog may reflect missing parts or specialist work rather than available cash.

Put the offer beside your budget

Match the offer to the expense you described

01

Proceeds and deductions

Confirm the sum available for the purchase after any withheld charges.

02

Repayment and fees

Add the scheduled payments and other costs to understand the overall obligation.

03

Terms and flexibility

Read provisions covering guarantees, early settlement and changes in the business.

Needs to describe

Identify the purpose of the funding

01

Specialist tools

Test equipment and specialist tools may open a different type of repair work. Include calibration, training and accessories required for the tools to be used safely.

02

Replacement parts

A part may need paying for before the repaired item can be returned to its owner. Separate regularly used components from items ordered for a specific customer.

03

Service space

Benches, secure storage and testing areas can change the workshop layout. Price those improvements together with any time the business cannot use the affected area.

Information for business owners

Points to review before starting

What should I understand about provider referrals?

The referral process involves selling submitted application information to funding partners, with no more than five receiving one request. We receive partner payments whether the request is funded or not and impose no application charge on you.

How does a provider decide?

The requested amount expresses what the business wants to explore. It is not an approved amount, and a funding partner may offer different terms or no financing at all.

Why can request timelines differ?

Submission and receipt of funds are different stages. Any timeline must be confirmed with the funding provider after it has reviewed the request.

How do contact preferences affect the request?

Read the disclosures presented with the application rather than relying only on this page. Submission includes a separate contact-consent review and a mobile verification step.

Describe the business goal

Make your next business purchase the starting point

Use the form to present your business funding need, including the amount and purpose of the request.