Specialist tools
Test equipment and specialist tools may open a different type of repair work. Include calibration, training and accessories required for the tools to be used safely.
Business financing referrals · Repair businesses
Explore funding for repair tools and replacement parts.
Repair work often starts with a diagnosis and a parts order. Explain the tools, stock or workspace expense you need to cover, using the work already booked as context.
Possible uses
Business expenses to describe
Replacement parts
A part may need paying for before the repaired item can be returned to its owner. Separate regularly used components from items ordered for a specific customer.
Service space
Benches, secure storage and testing areas can change the workshop layout. Price those improvements together with any time the business cannot use the affected area.
Repair businesses · funding preparation
Your operating calendar
Use completed jobs and realistic turnaround times when planning workshop spending. A backlog may reflect missing parts or specialist work rather than available cash.
Before you begin
Application preparation
Work out the expense and its payment deadline before choosing the requested funding amount.
- 01Funding amount, business purpose and timing
- 02Monthly revenue and time in business
- 03Industry, business name and approximate credit range
- 04Owner contact details and mobile access
Before you decide
When reviewing a provider offer
Funds received
Separate the headline amount from proceeds after deductions and fees.
Payments owed
Place the required repayments in the same budget as existing business expenses.
Changes and exit
Read what the contract says about early payment, missed payments and changed circumstances.
How it works
The application process
Set out the need
Describe the amount and timing required for your planned business spending.
Add the figures
Complete the revenue, business-age and approximate credit-range questions using current information.
Confirm the details
Check the application and disclosures, then use the SMS verification step to complete submission.
A few things to know
About this referral service
Information sharing and referral payments
We are paid to refer business applications and sell the submitted details to funding partners. A request may reach up to five partners, payment to us is not conditional on funding, and you do not pay this service an application fee.
Approval and available terms
No funding commitment is created by completing this request. Eligibility, amounts and contract terms are matters for the provider assessing the application.
Provider timing
The application lets you state when funding is needed, but availability is decided separately. A partner’s assessment and agreement may take longer than the business deadline.
Contact consent and mobile verification
Take time to read the application’s contact permission and privacy disclosures. SMS verification is an additional step that confirms you can receive a code at the supplied number.
Make a beginning
Start with your business funding request
Enter the business details and the amount you want to explore in the application.