Automotive Industry Experience Matters
Are you having trouble getting financing for your customers?
We finance all types of vehicle equipment, with deal sizes starting at $500, so we can support sales to your customers and help them get equipment with affordable monthly payments.
Do you need a financing partner that can approve more of your customers?
We can approve all types of commercial borrowers from well-established auto service departments to independent repair shops. Also, we work with all types of credit, including startups and even those with challenging credit backgrounds, to help sell your equipment.
Are you tired of dealing with financing people that don’t understand your equipment or customer?
At TimePayment, you work with account people that understand the auto repair industry. We can quickly process your customer’s financing requests and fund the transaction, often on the same day.
Typical Comments We Hear From Auto and Truck Repair Equipment Suppliers:
“Banks hate our industry. They think we are too small and they want to finance more expensive equipment. Many financing companies say they have a specialty in our business, but they don’t know the difference between a four post lift and a two post lift.”
TimePayment loves businesses of all sizes, even day one startups, and our financing solutions start as low as $500. Our reps are trained and understand the auto and truck repair industry.
New Technology is Driving the Auto & Truck Repair Business
- Over $50 billion is spent on automotive repair in the U.S. every year with 300,000 service providers.
- Service technicians are using more complex technology tools to maintain the increasingly high-tech vehicles in today’s
- The typical service shop is investing nearly three times the amount in technology and equipment than it did 15 years ago.
If your customers are independent auto shops, truck repair facilities, franchises or individual mechanics, you need a partner that helps your customers afford the equipment they need and turns them into repeat buyers.
Typical Comments We Hear From Auto and Truck Repair Equipment Suppliers:
“Finance companies call on us all the time to get our business. Companies and reps seem to be constantly changing so end up dealing with different people on every deal.”
TimePayment has been in the equipment finance industry for 32-years, and we strive to have relationships with Auto and Truck Equipment vendors that are long-term and not measured in terms of individual deals. We understand your industry and have the people, processes, solutions and online technology that will provide you with the financing service you deserve.
Sell more repair & maintenance equipment & technology. Faster.
Whether your company is an online wholesaler or a niche supplier of engine diagnostic tools, TimePayment makes your equipment easier to buy. With innovative tools that easily integrate into your website and sales process, we can help your customers see a simple monthly payment, confidently take action and you can sell more…faster.
TimePayment can solve for many of your customer’s pain points:
“If I need to finance a lift or tire changer—I have to search for a finance company that understands what I’m talking about and is willing to offer financing.”
TimePayment has specialists that are industry trained to understand the repair industry and your customers. We know how to help them get the equipment financing they need.
Why Choose TimePayment?
Committed to Financing for Auto and Truck Repair Equipment
In an environment where most financing companies shy away from many auto and truck repair shops, TimePayment has a long-time commitment to the industry.
Never let time kill your deal again
From credit decisions in seconds to fast funding, we give you the tools to quickly turn shoppers into buyers and get the deal off the street.
Easier to Sell
Whether an online quote tool or marketing support, TimePayment gives your sales team the education, resources and innovative technology tools to close deals.
Reaching beyond the garage
TimePayment offers turn-key financing from tire changers and waiting room furniture and just about anything in between. Additionally, by providing financing for installation, delivery, design and even assets beyond what your company sells, you can make it easier for your customers to choose your company over the competition. Learn more here
Help more potential customers
From startups to decades-old, multi-location franchises with strong credit backgrounds to those that have had more challenging times, TimePayment can help a wide range of business and ownership backgrounds.
Let them keep their cash
TimePayment financing allows customers to preserve their cash and primary banking relationships for things like payroll and inventory, rather than investing in depreciating assets. By lessening the cash required to make a deal happen, you remove the largest obstacle to closing more business.
TimePayment can solve for many of your customer’s pain points:
“The salespeople say my equipment purchases are too small for financing so usually have to use cash or credit cards for equipment under $10,000.”
TimePayment has equipment financing programs that start at $500 and can grow to fit your customer’s needs. When your buyers use cash and credit cards, they are using up money that can be used for operating expenses and it limits what they can purchase. If you help them acquire equipment with affordable monthly payments, they can buy more, afford higher-end equipment and are more likely to be a repeat customer. Give your customers the option to buy now and afford the equipment they need by contacting TimePayment.
