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You’re envisioning that new piece of equipment on the floor, dreaming of expansion or upgrades but you just need the capital to make it happen. Look no further. Here are the leading banks that can help you tackle the inevitable growth challenges of your auto body shop.
Being a Preferred SBA Lender, TD Bank is also able to guide you through the process with faster decision times for loan approvals. Their SBA Business Development Officers have broad and diverse industry experience building relationships with small businesses such as veterinary, pharmacy, and law firm. TD Bank takes pride in offering a simple and hassle-free SBA loan experience.
If you’re still unsure, here’s our complete top auto body shop loan list to help you further:
|Rank||Bank||City||State||# of Loans||Avg Loan $||Avg Interest|
|2||The Huntington National Bank||Columbus||OH||32||$186,006||5.7%|
|3||Harvest Small Business Finance||Laguna Hills||CA||16||$1,064,025||5.4%|
|4||Enterprise Bank & Trust||Clayton||MO||15||$879,413||5.6%|
|5||Wells Fargo||Sioux Falls||SD||15||$241,387||7.9%|
|6||United Midwest Savings Bank||De Graff||OH||14||$348,571||6.3%|
|9||Newtek Small Business Finance||Lake Success||NY||9||$648,433||6.0%|