Franchise funding
An equipment-heavy auto service model read bay by bay: lifts, alignment, diagnostics, parts and technicians.
✓ Merchant Fund Express starts with a soft credit pull. Terms depend on your business's revenue and history.
Updated October 21, 2026 · Merchant Fund Express
Already running a Midas location and need capital? Merchant Fund Express funds existing Midas owners: business loans, merchant cash advances, revenue-based financing, lines of credit, equipment financing and working capital. Funding runs from $25,000 to $5,000,000. Service centers carry heavy equipment and parts costs, so we size payments after royalty, parts supplier drafts and existing positions. A complete file gets a same-day decision, and funding often follows the next business day.
Owners of open service centers, whether the shop was built ground-up or converted from an independent repair shop, and whether the owner works the counter or employs a general manager. The model is equipment-heavy: lifts, alignment racks, tire machines and scan tools account for a large share of what a shop is worth, and they decide how many cars move through each day.
Read this alongside the automotive franchise funding sector guide and our auto repair industry page.
Checked Oct 2026 against the franchisor's own published materials. Figures change; confirm current numbers in the latest Franchise Disclosure Document. Figures we could not confirm from an official source are left out.
A down bay is lost revenue every hour. Equipment financing on a vendor quote replaces it without emptying the parts budget; see alignment machine financing.
Scan tools, ADAS calibration and software subscriptions keep a shop able to accept late-model work. Shorter-life tools fit a shorter term.
Brakes, exhaust and tires are bought before the repair order closes, and technicians are paid weekly. A line of credit or working capital smooths the gap; see auto repair payroll funding.
Already running a Midas location and need capital? Merchant Fund Express funds existing Midas owners with every product below. Terms depend on the business's revenue and history.
Compare them side by side in MCA vs business loan, or read the automotive franchise guide.
| Need | Product | Published requirement it leans on | What to send |
|---|---|---|---|
| Two-post or four-post lift, alignment rack | Equipment financing | Vendor quote, long useful life | Quote, 3 months of statements |
| Scan tools, calibration equipment | Equipment financing or working capital | Quote; Tier 2 for working capital: 6+ months, FICO 600+ | Quote, statements |
| Parts and tire inventory | Line of credit | Tier 1: 3+ years, FICO 650+, NSFs max 6/month | Statements, supplier invoices |
| Technician payroll in a slow month | Working capital | Tier 2: $60K verifiable revenue, up to 2 current advances | Statements, payroll register |
| Fleet accounts paying on terms | Invoice factoring | Invoices to business customers | Aging report, invoices |
Typical first reviews skip tax returns; full financials are requested above $250,000. Spanish-speaking support is available.
Consider a shop depositing $84,000 a month. Parts and tire supplier drafts are $31,000, technician and counter payroll $24,000, royalty and advertising $5,200, rent $7,000, existing lease payments $2,600. The owner wants a new alignment rack and lift quoted at $64,000.
Figures in this example are illustrations of the arithmetic, not an offer, quote or approval. Real terms depend on the file and the funder.
A shop that has not opened, or a conversion that has not yet operated under the new brand with its own deposits, needs history before Merchant Fund Express can review it; see opening an auto repair shop franchise. If you already run a shop and are adding one, we read the current shop's deposits entity by entity. Taking over an operating shop follows franchise transfer financing.
Yes. We read the shop's deposits and the owner's credit; daily presence is not required. Tier 1 asks for at least 50% ownership by the applicant.
Three months of bank statements per entity, the five-minute application and quotes for any equipment. Merchant Fund Express asks for full financials only above $250,000.
Yes. Lifts and alignment racks have long useful lives and suit longer equipment terms; scan tools usually suit shorter ones.
Each shop or entity is read on its own deposits, parts drafts and royalty. A request can cover one shop or several.
No. Merchant Fund Express is independent. We use the Midas name only to identify the owners this page is for; it does not mean the franchisor endorses or works with us.
Merchant Fund Express is independent. Not affiliated with or endorsed by Midas or its franchisor. Brand names identify the owner audience only.
Merchant Fund Express reviews your location's revenue, deposits and existing payments. Same-day decision on a complete file; funding often the next business day. About five minutes to apply.
