Auto repair industry

Tailored Solutions for Auto Repair Shops

We help Auto Repair businesses reduce MCA debts and regain financial control through customized solutions and expert legal support.
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Auto Repair Challenges

The Financial Obstacles Faced by Auto Repair Businesses

Equipment Purchases and Repairs

Auto repair businesses often need to purchase or repair expensive equipment, from diagnostic machines to lifts. The high upfront costs and unexpected equipment failures can strain cash flow, pushing many shop owners to rely on MCAs to cover these needs, often leading to mounting debt.

High Parts Costs

The cost of auto parts can fluctuate due to market changes and availability, which significantly impacts day-to-day operations. When parts costs rise, shops may turn to MCAs to meet these demands, unintentionally creating a cycle of debt with high interest rates that limits cash flow.

Heavy Reliance on Cash and Card Payments

Auto repair shops frequently rely on cash and credit card transactions. This reliance on immediate payments can be disrupted if cash flow is diverted to pay high MCA debts. Switching credit card processors can shield receivables but requires careful planning to maintain uninterrupted service.

Limited Access to Traditional Financing

Due to inconsistent revenue or lower credit scores, many auto repair businesses cannot secure traditional financing options. This makes MCAs more attractive in the short term but burdensome over time as interest and fees accumulate, making it challenging to maintain profitability.

Unpredictable Customer Demand

Auto repair shops face fluctuating demand influenced by seasonal changes, vehicle lifespan, and economic conditions. During slow periods, shops may rely on MCAs to stay operational, but these advances often come with aggressive repayment terms that worsen financial strain in low-demand periods.

High Operating Costs

With rising costs for tools, labor, and insurance, many auto repair businesses feel squeezed. To cover these expenses, some turn to MCAs, but the high repayment rates quickly lead to unmanageable debt that threatens financial stability.
Our Unique Solution

Overcoming the Financial Struggles of Trucking

We Negotiate Settlements with MCA Lenders to Ease Cash Flow Issues Caused by Delayed Payments and High Operational Costs.
01
Book a free, confidential consultation with a debt settlement specialist
02
If eligible, we inject immediate cash flow into your business, giving us time to negotiate an optimal debt solution for you
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Graduate debt-free in 6-8 months and secure your business's future
Auto Repair
Debt Solution
Auto Repair
Debt Solution
27%
savings
Estimated Debt Settlement Figures of a Coastal Debt customer
Total Debt
$47,519
Weekly Payment
$895
Program Length
7 Months
Total Savings
$12,830

Manage Debts With Ease And Confidence

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Increase cashflow Upon Sign Up
Reduce weekly payment
Cut up to 80% off your MCA payments
Ability to Pay It Off Completely In 6-18 Mos.
Comprehensive Legal Protection
A dedicated Debt Settlement Advisor

Frequently asked questions

How quickly can Coastal Debt reduce my MCA payments and improve cash flow?

We prioritize negotiating down your MCA payments as quickly as possible, with many clients experiencing relief within 30 to 60 days. By reducing your debt burden, we help free up cash flow.

Is debt relief an option for single-owner shops or multi-location auto repair businesses?

Yes, our debt relief programs are designed to assist both single-owner shops and multi-location auto repair businesses. No matter the size of your operation, we develop a strategy that addresses your financial needs. Single-owner shops may require a different approach than multi-location businesses, but our team is equipped to handle both scenarios, ensuring maximum debt reduction and financial recovery.

What measures can protect my revenue while reducing debt?

We implement strategies that focus on debt reduction without compromising your revenue. By negotiating lower payments and extending repayment terms, we help improve your cash flow and stabilize your business finances.

How long does it take to settle MCA debt?

It usually takes between six to eighteen months to settle MCA debt, depending on the debt amount and the negotiation process.

5. How does Coastal Debt work with auto repair businesses that rely on credit card payments?

We recognize that credit card payments are vital to your auto repair business. Our debt relief solutions are structured to complement your current payment methods, ensuring that credit card transactions remain unhindered.

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