Why Auto Shops Benefit from Offering Repair Financing

Lendigo’s point-of-sale financing platform is a powerful tool for auto repair businesses. By offering flexible payment options, you not only make essential vehicle services more accessible for your customers—you also boost approvals, accelerate job turnover, and create stronger, more loyal client relationships.

Flexible Alternatives to Traditional Auto Repair Loans

Traditional bank financing isn’t always accessible for every client. With Lendigo, you can connect customers to a variety of alternative lending solutions, including:

  • Low-interest installment loans
  • Revolving lines of credit
  • Buy Now, Pay Later (BNPL) plans
  • Personal and direct-to-consumer loans
  • Lease-to-own arrangements
  • Split-payment options

These diverse offerings allow you to serve more customers with flexible payment plans that fit their financial situations.

Stay Ahead with Flexible Auto Financing

Today’s customers increasingly expect convenient, budget-friendly payment options. By integrating Lendigo’s POS financing platform, your business can meet this demand and stand out from the competition.

Offering alternative financing demonstrates innovation, increases trust, and positions your company as a modern, customer-focused leader in the auto repair industry—ultimately driving more conversions and long-term loyalty.

Smarter Cash Flow with Milestone-Based Funding

Lendigo’s stage funding feature ensures you receive payments at key points throughout your auto repair or body shop project. Whether you need to purchase equipment, cover labor costs, or manage material expenses, funds are disbursed as each phase is completed.

This phased financing model helps maintain steady cash flow, reduces financial strain, and allows your team to operate efficiently without upfront capital challenges.

Drive More Revenue with Flexible Financing

When customers have access to affordable monthly payments, they’re more likely to move forward with auto upgrades and customization. Lendigo’s POS financing lowers financial barriers, enabling more clients to commit to higher-value projects.

This results in a greater volume of jobs and an increase in average ticket size, boosting your business’s overall revenue potential.

Attract More Clients with Built-In Financing

Offering point-of-sale financing through Lendigo gives your customers flexible payment options that align with their financial needs. This convenience makes your auto repair business more appealing to clients who may not be ready to pay in full upfront.

By removing cost as a barrier, you position yourself ahead of competitors who don’t offer financing, boosting your client acquisition and helping you close more deals.

Customer Satisfaction

Moreover, your clients don’t have to worry about saving up the funds for auto repair and body shop services. With the ease of paying in increments over time, your in-house POS options can alleviate your client’s financial stress.

Ultimately, this translates to improved customer satisfaction and client relations.

Plan Smarter with Our Customer Calculator

Take the guesswork out of financing! Use our calculator to explore personalized loan estimates tailored to your customers' needs. Understand potential terms, payments, and APRs in seconds—and empower yourself to make confident decisions.

Your Estimated Loan Details in Seconds

Below are the estimated terms based on the information you provided. These results include potential monthly payments, APR, and loan terms, giving you a clear picture of what to expect when applying for a loan.

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Auto Repair Services Eligible for Financing

Auto repair shops can improve customer retention and service approval rates by offering flexible financing for:

  • Major engine or transmission repairs
  • Brake and suspension services
  • Diagnostic and electrical work
  • Body and paint repair
  • Tire and wheel replacements
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Why Lendigo?

Lendigo’s POS financing platform offers a full suite of benefits designed to help Auto repair and Body Shop businesses grow:

With Lendigo, getting started is fast and effortless. Our team handles the technical integration, so your auto repair shop can begin offering financing in under an hour. The cloud-based platform requires no complex setup—just simple activation and instant access to all tools.
Lendigo uses a dynamic waterfall algorithm to increase approval odds for auto repair financing. If a customer isn’t matched with the first lender, their application automatically moves down the network to additional financing partners, boosting the chances they’ll be approved without needing to reapply. This seamless routing helps more customers secure the funding they need faster.
At Lendigo, we recognize that not every customer has perfect credit. That’s why our multi-lender network includes partners who consider applications from a wide range of credit profiles, including both super-prime and subprime borrowers. This inclusive approach provides more of your auto repair clients with a genuine opportunity to secure financing, regardless of their credit history.
We know your customers depend heavily on their vehicles. That’s why they don’t have time to shop around for auto repair financing options. Our online application is simple to complete and delivers instant results on-screen within minutes.
Whether your auto body shop is new to financing or experienced, Lendigo equips you with everything you need to succeed. Our all-in-one platform manages every aspect of auto repair financing — from underwriting and processing to funding loans. Plus, our lending partners take care of all the paperwork, late payments, and credit risk management involved.
To ensure your auto body shop delivers exceptional financing services to your customers, Lendigo continuously updates our platform, reporting tools, and lending network.
At Lendigo, we’re committed to helping you maximize the benefits of our platform. Our relationship managers offer hands-on support through training and consultation services. Additionally, our IT team is available around the clock to resolve any technical issues.