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Automotive Shop Equipment Financing

Automotive service and collision businesses

Automotive shop equipment financing in Canada

Add service capacity, modernize diagnostics, and equip new bays while keeping working capital available for technicians, parts, inventory, and daily operations.

Eligible new or used equipment

Financing can be considered for equipment from dealers, vendors, and qualifying private sales.

Lease for as little as $5,000

No preset maximums. Approval depends on the business, equipment, and transaction.

Decisions targeted within 24 hours

For complete applications with the supporting information required by the lender.

Equipment financing for the way you operate

Finance the equipment behind each billable bay.

Automotive equipment financing helps Canadian repair, tire, collision, detailing, and service businesses acquire eligible shop equipment through commercial payments. Lease2Grow organizes the equipment and business file, then compares appropriate lender options.

Eligible equipment

Equipment for modern automotive service

Lifts and alignment

Vehicle lifts, alignment racks, wheel aligners, and bay equipment.

Tire and wheel

Tire changers, balancers, compressors, storage, and seasonal handling systems.

Diagnostics and calibration

Scan tools, testing systems, ADAS calibration, EV service, and diagnostic equipment.

Collision and refinishing

Frame machines, paint booths, prep stations, measuring, and repair systems.

Fabrication and repair

Welders, cutters, presses, fluid systems, and specialized shop tools.

Wash and detailing

Commercial wash, extraction, polishing, water, and detailing equipment.

Business benefits

Grow service capacity without putting every dollar into the shop floor.

Add billable services

Equip bays for alignment, tires, ADAS, EV, collision, or specialized repair work.

Preserve operating cash

Keep capital available for payroll, parts, inventory, training, and facility expenses.

Bundle eligible installation

Present equipment, freight, installation, calibration, and training as one project where eligible.

Act on used equipment

Have eligible used shop equipment assessed when the condition, seller, and value support the request.

Financing paths

Choose a structure that supports the shop’s next move.

Lease-to-own financing

Acquire eligible shop equipment with scheduled payments and an ownership path.

Equipment refinancing

Explore working capital from equity in eligible equipment already owned by the business.

Vendor equipment financing

Help automotive equipment vendors add a financing conversation to customer proposals.

How it works

Build the file around the shop, bays, and equipment.

01

Define the purchase

Share supplier quotes, specifications, installed cost, and expected delivery.

02

Describe the operation

Provide ownership, time in business, services, revenue, location, and equipment use.

03

Review lender options

The Lease2Grow team presents the file to financing partners suited to the transaction.

04

Complete installation

Finalize conditions, documents, insurance if required, delivery, and acceptance.

Frequently asked questions

Questions about automotive shop equipment financing

Can vehicle lifts and installation be financed?

Eligible lifts and associated installation may be considered when the equipment, site, supplier, and total project are documented.

Can used automotive shop equipment be financed?

Eligible used equipment may be considered based on age, condition, value, seller, and remaining useful life.

Can diagnostic software be included?

Hardware and eligible implementation costs may be considered. Standalone subscriptions require lender review and may not qualify.

Can equipment vendors refer customers directly?

Yes. The vendor financing program can give qualified buyers access to the Lease2Grow intake process while the vendor remains focused on the sale.

Equip the next billable bay

Turn the shop upgrade into a complete financing request.

Send the equipment quote, installation details, and a short description of the business. The Lease2Grow team will take it from there.

Lease2Grow is affiliated with Affiliated Financial Services. Financing is subject to lender approval, documentation, equipment eligibility, and applicable terms and conditions.