Finance the tools
that service vehicles.
iLease Capital arranges financing for automotive shop lifts, alignment systems, diagnostic scanners, tire equipment and ADAS calibration systems. Requests for new or used equipment are subject to review of the business, seller and complete equipment quote.
Automotive shop
and repair equipment.
Vehicle Lifts & Jacks
Two post, four post, scissor and alignment lifts. Identify lifting capacity, vehicle classes, included jacks and the supplier's installation requirements. Price the selected configuration with the supplier.
Wheel Alignment Systems
Alignment cameras or sensors, targets, console and related rack equipment. List the system generation, rack compatibility and any software or calibration services separately.
Diagnostic Scanners & Test Equipment
Diagnostic scan tools, oscilloscopes and vehicle specific interfaces. Separate the physical equipment from subscriptions, software renewals and recurring technical support.
Tire & Wheel Equipment
Tire changers, wheel balancers and associated mounting tools. Identify the wheel and tire sizes to be serviced, included adapters and any special handling equipment.
Air Compressors & Pneumatic Tools
Compressor, dryer, receiver and pneumatic tools for the bays being equipped. Itemize the air equipment separately from electrical work, distribution piping and building alterations.
Brake & Suspension Service Equipment
Brake lathes, inspection equipment, suspension tools and related shop machinery. Identify the actual machine and included tooling rather than an unspecified brake service package.
Paint & Body Shop Equipment
Spray booths, curing equipment, sanding and preparation systems. Obtain a defined supplier scope and separate equipment from ventilation work, permits and other site costs.
Service Bay Packages
A documented schedule of lifts, alignment equipment, diagnostics and tools for each bay. Identify installation responsibilities, delivery stages and any work that must be completed before acceptance.
Provide a current supplier quote for the selected models and options. Equipment, installation and recurring services should be itemized separately. Eligibility and financing terms depend on the asset, transaction and funding partner. All financing subject to credit approval. Not a commitment to lend.
A service bay is a working system.
Document the complete setup.
Match the equipment to the bay
Identify the vehicles and services the bay will support. The lift, alignment rack, targets and diagnostic equipment should be listed as the supplier has configured them, with compatibility questions resolved before purchase.
Separate condition from age
For a used lift or alignment system, include serial numbers, available inspection reports and maintenance history. Age alone does not establish condition or support a particular valuation.
Document used equipment support
Ask the seller which adapters, software access and service records transfer with the unit. List missing accessories or required work so the financing request reflects the equipment you will actually receive.
Review a complete bay package
A funding partner may consider several assets in one transaction, subject to approval. Itemize each asset and separate building work from equipment. One agreement or schedule is a possible structure, not a promised outcome.
Plan a replacement around delivery
If a lift or scanner is out of service, include the supplier's availability and any deposit or payment deadline. Confirm approval and funding conditions before relying on a delivery date.
Identify each shop location
For several locations, label the equipment schedule by site and identify delivery and acceptance stages. Ask whether a master agreement with separate schedules is available for the proposed purchase.
Start with the equipment.
Then review the structure.
Submit the shop's business details and the supplier's itemized quote. Include lift capacity, alignment system configuration, diagnostic hardware and any ADAS equipment being purchased. For used assets, add condition information and seller details.
iLease Capital works as an equipment financing broker with institutional funding partners. Available loan or lease structures, documentation and credit requirements depend on the specific request. Ask what credit checks are proposed before authorizing them.
Review the actual offer for payment amount, payment start, fees, required guarantees and end of term obligations. Identify software renewals, installation and building work separately, and confirm which items the funding partner approves.
Questions about a lift, alignment or diagnostic equipment quote? Call (866) 545-3273 to discuss the proposed shop equipment.
Automotive Shop Equipment,
Answered.
Can I finance used shop lifts and equipment?
Used lifts, alignment systems and diagnostic equipment can be submitted for review. Provide the model, serial number, seller's quote and available condition or service records. Identify any missing accessories, inspection work or software transfer requirements. Approval is specific to the asset and transaction.
How can I finance a complete new service bay?
Submit an itemized package showing the lift, alignment equipment, compressor, diagnostic tools and other assets. Separate installation, flooring, electrical work and recurring services from the equipment price. A single financing schedule may be available if the funding partner approves the package; do not assume every quoted cost is eligible.
Can I finance equipment for multiple shop locations?
Provide a separate equipment list and delivery address for each location. Some funding partners may consider a master agreement with separate schedules, subject to approval. Confirm how staged deliveries, acceptance and payment commencement will work for each site before signing.
Can installation and shop improvements be included?
List lift installation, electrical work, air piping, ventilation and building alterations separately from the machines. The funding partner may approve, limit or exclude these costs. Obtain a written explanation of the approved scope rather than assuming a complete shop buildout is included in equipment financing.
What credit and business financials do I need?
Requirements depend on the shop, equipment amount, seller and funding partner. Be ready to provide ownership information, operating history and financial records if requested. New shops should explain the proposed services, site readiness and equipment budget. No particular credit score or years in business guarantees approval.
Can I upgrade equipment mid-lease?
Check the actual agreement for substitution, upgrade and early payoff provisions. Replacing an alignment system or scanner may require funding partner consent, a payoff or a separate transaction. Include the expected software support and replacement plan when comparing offers.
Can I finance ADAS calibration and alignment equipment?
Submit the calibration frame, targets, diagnostic interfaces and alignment equipment as individually identified items. Ask the supplier to confirm vehicle coverage, rack or workspace requirements and what software access is included. Separate renewals, training and calibration services. Financing eligibility and term depend on the approved equipment and transaction.
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Explore →Let's look at your
shop equipment quote.
Submit the equipment and seller details for review. All financing subject to credit approval. Not a commitment to lend.