Top Banks for SBA Auto Body Shop Loans

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Last annual update: Feb 3, 2022

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:

 

RankBankCityState# of LoansAvg Loan $Avg Interest
1U.S. BankCincinnatiOH36$234,7065.6%
2The Huntington National BankColumbusOH32$186,0065.7%
3Harvest Small Business FinanceLaguna HillsCA16$1,064,0255.4%
4Enterprise Bank & TrustClaytonMO15$879,4135.6%
5Wells FargoSioux FallsSD15$241,3877.9%
6United Midwest Savings BankDe GraffOH14$348,5716.3%
7M&TBuffaloNY13$398,8466.3%
8Live OakWilmingtonNC9$1,027,9445.4%
9Newtek Small Business FinanceLake SuccessNY9$648,4336.0%
10KeyBankClevelandOH7$572,7145.3%

 

  find me an auto Body Shop Lender