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Auto Shop – Funding
AUTO
SHOP
–
FUNDING
ATTENTION AUTO SHOP OWNERS!
Auto shops keep America moving, and PhoneOps provides the capital that keeps your business growing.
PhoneOps Auto Shop Program
is designed for:
Auto Repair Shops
Collision Centers
And More…
Whether you’re expanding, or refinancing for better terms,
PhoneOps Auto Shop Program
deliver high-impact financing built for real shop owners.
PHONEOPS AUTO SHOP PROGRAM IS AVAILABLE NATIONWIDE!
GUIDELINES:
This program has standard guidelines and here’s just a few:
Loan Amounts:
$100K to $50M
Minimum FICO:
625+
Funding:
As soon as 7 days
Download the full Guidelines to better understand if your project is a good fit:
MINIMUM REQUIREMENTS:
*
Must be able to show proof of income
*
A Tri-Merge Credit Report fee of $57
*
A valid Driver’s License or State ID
*
Must have a Checking Account
*
Application Fee
$297 WAIVED
*
A Social Security number
Auto Shop – Online Application
First & Last Name:
Contact Number:
Email Address:
Full address where you live including city, state & zip:
How long have you lived at this address?
Address Type:
Own
Rent
How much you pay per month in rent or mortgage?
Marital Status:
Married
Unmarried
Separated
Divorced
Date of Birth:
Social Security Number: (We must pull your credit)
Estimated Credit Score:
Borrower Ethnicity:
Hispanic or Latino
Not Hispanic or Latino
Number of dependents:
List the names and ages of all dependents. (If none, put N/A)
Requested Loan Amount:
Enter the full address of the property including the City, State & Zip:
Transaction Type:
Purchase
Refinance - Rate & Term
Refinance - Cash Out
Property Type:
AS IS Value:
Total Square Footage:
Annual Property Insurance:
Annual Taxes:
Own funds invested in this project as of today: (Including EMD if purchase)
Borrower's years of experience:
Who will run/operate the Auto Shop?
I will run/operate the property
I will lease out the property
If leased, enter the total monthly lease amount. (If not leased, enter N/A.)
Is this a Refinance?
No, this is a purchase (Skip this page)
Yes, I will complete this page
Month and Year of purchase:
Original Purchase Price:
Current Mortgage Balance/Payoff:
Upload payoff here:
Monthly Mortgage Payment: (If Free & Clear, put Free & Clear)
Upload Appraisal Report OR Color Photos here:
Is this a Purchase?
No, this is a refinance (Skip this page)
Yes, I will complete this page
Purchase Price:
Upload Sale's Contract here:
Seller 2nd amount or percentage:
Do you currently have 10% down payment plus closing cost? (More down payment will be required if there's no seller participation)
No, this is a refinance
Not yet, working on it now
Yes, I have my down payment plus closing cost
Employment Status:
Employed - W2
Employed - 1099
Don't work
The next 6 QUESTIONS is for Employment: (Put N/A if you don't work) 1. Full Name of Employer:
2. Full address including City, State & Zip:
3. Contact number:
4. Job Title:
5. Start Date:
6. Monthly Income:
Borrower Business Information: Entity Name:
Entity's Website:
EIN Number:
List all Owners and percentage of ownership: (Must equals to 100%)
Provide a full scenario of what you want to do and include any special situations or concerns:
If this is a Retail Program Application, what is your Exit Strategy: (In detail & at least 4 paragraphs)
NOTE 1: There will be a one-time Tri-Merge Credit Report fee of $57 per borrower & you’ll be re-directed to the site pay after completion of this application. PhoneOps has to pull your credit to see what you qualify for. Do you understand?
Yes, I will pay $57 after completing this application
NOTE 2: If this is a Retail Program application, a non‑refundable LOI fee of $15,000 is payable to PhoneOps Funding LLC upon acceptance of the loan terms. The full amount of this fee will be credited toward your closing costs at the time of funding. No other lender offers full credit of the LOI fee at closing. Do you understand?
Yes, I agree to these terms and ready to proceed
Enter the name of the person that sent you to this site to place your file as "Priority".
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