Automotive & Equipment
Business Funding for RV Repair Businesses
RV repair is a niche market that is growing as more Americans buy recreational vehicles. The work is complex because RVs combine automotive systems, plumbing, electrical, propane, and living space construction in one vehicle. Specialized technicians are hard to find and hard to keep. The bays need to be large enough to accommodate 30 to 40 foot vehicles, which means your facility costs more than a standard auto shop.
Common Uses
What RV Repair Businesses Use Funding For
- Build or lease oversized service bays that can accommodate Class A motorhomes and fifth wheels
- Purchase specialized RV diagnostic tools, appliance testing equipment, and propane system analyzers
- Stock RV-specific parts including awning motors, slide mechanisms, leveling jacks, and plumbing fittings
- Hire and train RVIA-certified technicians in a tight labor market
Funding Options
Best Funding Types for RV Repair Businesses
SBA 7(a) Loan
Fund a new RV service facility or expand an existing one. The oversized bay requirements and specialized equipment make RV shops more expensive to build, and SBA loans provide the longer terms needed to keep payments manageable.
Equipment Financing
Finance RV-specific lifts capable of handling 20,000+ pounds, generator testing stations, and diagnostic equipment. RV service equipment is less liquid than standard auto shop equipment, but specialty lenders understand the market.
Business Line of Credit
Cover parts orders and labor costs on large repair jobs that can run $5,000 to $20,000 per vehicle. RV owners often approve big repair bills, but the parts and labor costs come before the customer payment.
What Lenders Look For
Qualification Notes for RV Repair Businesses
Related Industries
Related Automotive & Equipment Funding
By Location
RV Repair Businesses Funding by City
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