Tyre Fitting Service Business Loans UK
Get up to £6000 funding within 24-48 hours
Get up to £300,000 in 24–48 hours. Upgrade equipment, stock top tyre brands, or expand your garage with fast, flexible funding tailored to your needs.
- Low Interest
- Low deduction
- Maximum time
- Multiple loan positions
Types of Tyre Fitting Service Business Loans
Here are five tailored funding options to help your tyre fitting service thrive:
1. Merchant Cash Advance (MCA)
Get upfront funding based on your future card sales. Repay a percentage of daily transactions, making it ideal for seasonal or fluctuating revenue.
2. Refurbishment Loans
Finance shop improvements, including new bays, signage, or upgraded waiting areas.
3. Equipment Financing
Specifically designed to purchase or lease equipment. Fixed repayment terms make it perfect for upgrading your kitchen or dining setup.
4. Business Lines of Credit
Access flexible funds up to a set limit. Pay interest only on what you use, making it great for handling unexpected expenses or cash flow gaps.
5. Short-Term Loans
Fast funding with fixed repayment schedules over a short duration. Ideal for covering immediate expenses or taking advantage of business opportunities.
Comparison Table: Types of Restaurant Loans
Loan Type | Funding Speed | Collateral Needed | Repayment Terms | Best For |
Merchant Cash Advance (MCA) | 24–48 hours | No | % of daily card sales | Seasonal sales or fluctuating income |
Equipment Financing | 2–7 days | Yes | Fixed payments | Upgrading tyre-fitting tools |
Short-Term Loans | 24–72 hours | Sometimes | Fixed payments | Immediate stock or repairs |
Business Lines of Credit | Same day–1 week | Sometimes | Pay as you use | Emergencies or cash flow gaps |
Refurbishment Loans | 1–2 weeks | Yes | Fixed payments | Garage renovations |
What is Merchant Cash Advance?
A Merchant Cash Advance (MCA) offers upfront funds to businesses in exchange for a percentage of future card sales. It’s a fast, flexible solution designed for businesses with fluctuating revenue, providing funding without the need for collateral or perfect credit.
How MCA Works?
A Merchant Cash Advance provides a lump sum upfront, which you repay through a small percentage of your daily card sales. Payments adjust automatically based on how much your business earns—when sales are high, you pay more, and during slower periods, you pay less. No fixed schedules or complex terms.
Benefits of Merchant Cash Advances for Tyre Fitting Services
Flexible Repayments – Aligned with Your Sales
Repay a small percentage of your daily card sales automatically. No fixed monthly payments mean you pay more during busy periods and less when sales slow down, ensuring stable cash flow.
Compatible with Your Card Machine
No need for additional equipment or setup. MCA integrates with your existing PDQ card machine, making repayment effortless and convenient through your card sales.
Get Funded in Just 24 Hours
Access funding quickly with streamlined approvals. Once approved, your funds—ranging from £3,000 to £300,000—can be in your account within 24 hours, so you can act fast on business opportunities.
Unsecured and Stress-Free
MCAs are unsecured, so your business assets remain safe. Approval is based on your sales history, not your credit score or collateral, making it a stress-free option for funding.
Keep 100% of Cash Transactions
Only card sales are used for repayment. Your cash earnings remain untouched, allowing you to manage cash flow effectively and without added strain.
No Hidden Fees
All costs are clearly outlined upfront. You’ll know exactly what you’re paying, with no hidden charges, confusing APRs, or surprises.
Apply Anytime
Submit your application online 24/7. With a quick and straightforward process, you can apply at your convenience and get a decision in hours.
How to Apply for a Tyre Fitting Service Loan
Easy Funding Solutions for UK Tyre Garages
The UK tyre-fitting industry plays a vital role in road safety and vehicle maintenance, contributing significantly to the economy. With over 37 million vehicles on UK roads and approximately 44 million tyres sold annually, the demand for reliable tyre-fitting services continues to grow. On average, a tyre-fitting garage serves hundreds of customers monthly, generating revenue that heavily depends on efficiency and customer satisfaction.
Staying competitive in this busy market means regular investment. Upgrading tyre changers, balancers, and alignment machines not only speeds up service but also ensures accuracy and safety. Stocking a wider range of tyre brands, including high-demand options like Michelin, Bridgestone, and Goodyear, caters to diverse customer needs and increases sales opportunities.
Customer experience is also key. Renovating your garage space, adding waiting areas, or improving facilities can attract more clients and encourage repeat visits. Seasonal spikes, such as winter tyre fitting and summer road trip preparation, highlight the importance of managing cash flow effectively.
A Merchant Cash Advance (MCA) offers tyre fitting businesses the flexibility to invest in these areas without financial strain. Repayments align with daily card sales, so you pay more during busy months and less during slower periods. With fast approvals and funding available within 24–48 hours, you can adapt quickly, grow your business, and keep customers safe on the road.
FAQs About Tyre Fitting Service Business Loans
You can borrow up to 150% of your average monthly card sales. For example, if your business earns £10,000 per month through card payments, you could access up to £15,000 in funding.
Repayments are flexible and based on a percentage of your daily card takings. This means you’ll repay more when business is busy and less during quieter periods, helping to manage your cash flow.
Yes! As long as you’ve been trading for at least 3 months and process regular card sales, you’re eligible.
Funding can be used for equipment upgrades, stock replenishment, shop renovations, marketing, or operational expenses.
No, all costs are explained upfront—there are no hidden charges or surprises.
Get a Merchant Cash Advance quote today
- Low Interest
- Low deduction
- Maximum time
