Business Lending

Financing for Automotive Businesses


Traditional financial institutions have outdated lending processes and regulations.


This prevents them from giving loans to businesses in need.


We Can Help!

Our Lending Service

We specialize in financing Automotive Businesses when banks can't help.

Starting a business often comes with significant upfront costs. From purchasing expensive equipment to meeting ongoing licensing and regulatory requirements, the financial demands can be daunting. However, having the necessary resources in place is crucial for a successful operation.

In many cases, businesses face cash flow fluctuations. There might be times when you experience a slow season or find yourself waiting for an invoice to be paid by a customer or insurance agency. During such periods, your money may be tied up, causing temporary financial constraints until the situation resolves. In such situations, bank loans may be difficult to obtain.

This is where easy access to business funding can make a significant difference. Our lending solutions are specifically designed to help you manage your cash flow effectively and invest in your business. By providing timely and flexible financing options, we can assist in alleviating the burden of cash flow challenges, allowing you to meet your financial obligations and seize opportunities for growth. When banks are not an option, were are here to support you.

By leveraging our lending solutions, you not only gain access to the necessary funds to meet immediate financial needs, but you also have the opportunity to establish and strengthen your business credit profile. Our goal is to provide the support and financial resources necessary to help your business thrive and grow. Whether it's managing uneven cash flow, investing in essential equipment, or building credit, our lending options are tailored to meet the diverse needs of businesses like yours.

Benefits of Working with Parker Finacial Services

Working with you for the best solution

There for you when banks are not

No hard credit Pulls - Soft inquiry first.

Diverse Products and Services

Fast Funding - Receive funds quickly.

Build Business Credit - With payments.

100% Satisfaction



We always strive to offer business owners the best rates and terms on our loans. All you need to do is apply to see what’s available to you!

Factors in Getting Business Loans

We can help you get a loan when traditional lenders won't

Getting a business loan involves factors such as creditworthiness, business plan, and financial statements. Lenders assess the borrower's credit history and stability, review the business plan to understand its purpose and viability, and analyze financial statements to gauge the company's financial health and ability to repay the loan.

Lenders also consider industry and market analysis, looking at the industry's potential for growth, market conditions, and the company's competitive advantage. Understanding the market landscape helps lenders evaluate the business's potential for success.

Additionally, lenders evaluate the company's cash flow and debt servicing capacity. They assess the stability of cash flow and the company's ability to make regular loan payments. Debt-to-income ratio is analyzed to ensure the business can manage its debt load. Personal guarantees may be required to further secure the lender's interests.

Steps to getting a Loan

We make Getting Loans as simple as 1, 2, 3

1. Apply Online

Answer simple questions about your business and complete your loan application in minutes.

Get in Touch

2. Get a Fast Decision

Once you apply, you can prequalify for your loan within a day.

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3. Access Your Funds

After you have been approved for a loan and upon closing, funds are available within 48 hours.

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Use Your Loan for Number of Purposes

Accelerate Your Business Vision with Our Flexible Loans!

  • Purchase Inventory
  • Provide Working Capital
  • Expand or Innovate
  • Upgrade Equipment
  • Hire more Employees
  • Consolidate Business Debt
  • Paying Taxes
  • Technology Upgrades
  • Consumable Supplies
  • Build Facilities
  • Everyday Operations
  • Stay Competitive
  • Buying a Business
  • Expand Holdings
  • Enhancements
  • Inventory Management
  • Building Improvements
  • Get Services you Need
  • Launching a New Service
  • Or anything else

Types of Loans Provided

Loans put together for you, to serve your business

Business Line of Credit
A business line of credit provides access to flexible, revolving funds when you need them for your shop. You can borrow what you need, pay down the balance, and the funds are replenished, allowing you to use the line again. It is an ideal option for covering upfront inventory costs or bridging cash flow gaps in between invoices.

Short-Term Business Loan
Terms that range from three months to three years. Total dollar cost lower than a longer-term loan. Quicker than getting a traditional loan from a bank. Pay for improvements to your shop, purchase inventory, or run marketing or advertising campaigns

Long-Term Loan
The length of the loan can be anywhere from 2-20 years. Requires collateral to secure the loan. Attractive interest rates.

The SBA (Small Business Administration) Loan Guarantee Program
low interest rates, steady payments, and you can generally use these loans to purchase equipment and real estate, and for working capital.

Trade Credit
If you place regular orders from suppliers on a regular basis, you may be able to take advantage of trade credit where you have 30-90 days to pay your invoice. A popular source of short-term financing that can improve cash flow and may help build business credit.

Merchant Cash Advance
Advanced an amount that is based on past revenues (such as debit and credit card sales), and then you pay that amount back from your daily transactions, plus any fees such as an origination fee.

Accounts Receivable Financing
Bridges the cash flow gap so there is no disruption to a business’s everyday operations. Based on receivables which are used as collateral to secure AR loans.

Asset Based Lending
Provides companies with financial assets a unique opportunity to borrow against these assets. All that is required is that the business has financial assets whose worth substantiates the loan’s amount. This gives businesses access to additional funds whenever they need them.

Bridge Loans
A short-term capital injection while applicants wait to secure permanent financing solutions.

Commercial Real Estate Loans
Will help get the funding you need to purchase your ideal commercial property. Repaid in installment payments over a predetermined period of time.

DIP Financing
Only available to those businesses that have filed for Chapter 11 bankruptcy protection. Allows a business to raise funds to continue operations all-the-while going through the Chapter 11 restructuring process.

Invoice Factoring
Helps businesses provide the necessary funds to cover emergency expenses, working capital, operating expenses, on-going bills, and other types of business expenses that they normally would have lacked the necessary funds to pay.

Payroll Funding
Making payroll is one of the biggest responsibilities that employers face. However, if an emergency left them unable to afford their regular payroll expenses, payroll financing can help.

Purchase order financing
Fills the financial gaps with ordering and ensures customers get their goods. Involves paying suppliers of another company for the goods needed to fulfill a job/obligation. This allows the client to receive their items without disruption.

Working Capital Loans
Give you the opportunity to stay on top of your daily expenses and have the cash your business needs to sustain itself throughout the year.

Resources

We offer Advising and Consulting on All of Our Services


Supporting Material For You

SparkPoint Centers

Provides individuals with guidance on debt payments, budgeting, credit report understanding, and access to low-cost banking services, empowering them to achieve financial stability and improve their overall financial well-being.

Go to Site

Money Management International

Offers financial education resources, such as webinars and virtual debt counseling, to assist individuals in setting goals, creating budgets, and exploring debt repayment options, fostering financial empowerment and stability.

Go to Site

Operation HOPE

Offers free credit counseling, home buyer and foreclosure counseling, and financial literacy education to empower individuals and communities in improving their financial well-being and achieving long-term financial stability.

Go to Site

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