Does your auto shop need a boost? Chances are, you already have a list of items you'd like to buy for your shop that would make a huge difference. But where is that money going to come from? While we’re sad to report that money still does not grow on trees, we do have an easy financial solution to help you grow your company.

Shopmonkey has partnered with Stripe to offer eligible businesses access to fast and flexible financing through the Shopmonkey Capital program, so your shop can manage cash flow and invest in growth. Access to capital is one of the most limiting growth factors that businesses like yours face today. According to a study conducted by Stripe in 2021, businesses that accepted a capital offer saw a +114% increase in payment volume growth rate.

How can financing help your business?

You can use this financing for whatever your business needs, no questions asked. Be prepared for whatever comes your way, whether it’s an opportunity to grow, or a cushion to get you through slow times. Here are just a few of the many ways you can use Shopmonkey Capital: 

  • Buying equipment and tools to help expand your shop’s capabilities

  • Purchasing inventory to keep up with demand and increase your supply

  • Running a marketing campaign to help drive awareness of your business

  • Managing cash flows to help with a downturn or slow sales period 

  • Open a new bay, or even a new location, and watch your business grow

How does Shopmonkey Capital work?

We understand that you and your shop are busy, and we’d like to help keep it that way. That’s the best part about Shopmonkey Capital: the process is simple and fast. There’s no lengthy application or personal credit check required — eligible shops are automatically pre-qualified and can receive funds in 1-2 business days once approved.

Once approved, you'll be able to select the amount that is right for your business needs. The loan fee and repayment rate are set based on the loan amount. Pay just one flat fee, with no compounding interest charges or late fees. Repayment is fully automated and comes from a percentage of your daily card transactions processed through Shopmonkey Payments.

How will you know if you’re eligible?

Shopmonkey Capital will be available to shops in the United States with at least six months of processing through Shopmonkey Payments. Eligibility is based on additional factors that include your payment volume and history on Shopmonkey Payments.

When you are eligible for an offer, we will contact you via email. If you would like to receive a financing offer but are not eligible at this time, we recommend migrating more of your business’ payments to Shopmonkey Payments. While not guaranteed, increased payment volume and a longer history with Shopmonkey Payments can increase your likelihood of getting a financing offer.

Want to learn more? 

To learn more about how Shopmonkey Capital works, please visit our website here or reach out to our payments team directly at

Additional resources: 


Loans are issued by Celtic Bank. All loans subject to credit approval.