The automotive industry encompasses a wide number of small businesses, from auto dealers to auto repair shops and everything in between. When a small business owner in the auto industry is looking to expand their enterprise, prompt access to automotive business financing in the form of direct capital is essential.  Automotive business financing helps existing businesses grow to their full potential and pursue new opportunity.  Traditional banks make it difficult for small business owners to get the liquid cash they need. They require extensive documentation and valuable time spent at a bank location. Because of this, approval processes can drag over a month. Additionally, banks will reject applicants because of bad credit or high-risk loan designations, and even if they do approve funding banks demand personal guarantees of collateral. Why wait for an auto business loan that puts your property on the line in the case of a default?

Prompt Capital Funding aims to address these gaps in the automotive industry. We are a broker that works with direct lenders and not a traditional bank; therefore, we can approve automotive business funding requests even if you have a bad credit score and require no personal guarantees of collateral. We do business over the phone and with live chat available on this page, so you can obtain funding from your home or office. We offer an unsecured loan alternative called a merchant cash advance that can be available for use in as little as 48 hours. Paying wages, procuring equipment and parts or expanding work space are only some of the ways a merchant cash advance can assist with your business growth. With zero restrictions on how you use the funds we provide, it is up to you, the small business owner, to choose how to allocate your financing. We enable cash flow growth without hampering existing dynamics. It’s your business; you know how to run it best.

By choosing Prompt Capital Funding as your alternative funder, you’re not just getting affordable capital, you’re building a long-term relationship for financial success. We believe in 100% transparency and will explain everything about your plan, down to the fixed terms and automated payments. The application is free and simple, so you’ve got nothing to lose! Prompt Capital Funding’s in-house underwriting team makes the qualification process fast, not to mention customized. No two businesses are the same so why should your financing plans be? With our boutique funding style, you can get a personalized plan tailored to fit your business’s unique needs and growth goals. Because we are staffed with an experienced in-house team, we’re able to offer flexible options and live price changes to companies that don’t qualify for traditional bank loans.