Details.
Funding for garage and MOT businesses, with no fixed term or minimum repayment. A single fee is agreed upfront, and repayments are made through a small percentage of debit and credit card sales. Funding can help pay business bills, manage suppliers, boost cash flow, purchase stock, car parts or diagnostic equipment, install new ramps or service bays, run marketing campaigns, and increase working capital. Eligibility requires at least six months of trading and monthly credit and debit card sales of more than £10,000.