Can you finance tire changer and balancer together?

Yes. Many shops finance as a package. Bundling can simplify approval and may improve terms.

Is leasing better than buying?

Leasing offers lower monthly payments and easier replacement. Buying builds equity. Compare both based on cash flow.

Tire Changers & Balancers Financing | Loans & Leases

Q: Can you finance used tire equipment?

Yes. Many lenders finance used tire changers and balancers when in good condition. Used equipment may require a larger down payment and shorter terms.

Q: How long does approval take?

1–5 business days for equipment loans and leases. SBA loans can take 30–60+ days.

Tire Equipment Financing at a Glance

$3K–$15K+Typical range

24–48 hrEquipment approval

36–60 moTerms

0–20%Down payment

600+Credit (typical)

50 statesNationwide

Why Tire Equipment Financing Makes Sense for Auto Shops

Tire changers mount and dismount tires from rims. Wheel balancers identify and correct imbalance for smooth ride and even wear. Equipment ranges from basic manual units to fully automatic systems. Tire service supports rotations, replacements, and flat repairs—essential revenue for auto repair shops.

But with professional units costing $5,000–$15,000+ for changer and balancer packages, paying cash ties up capital. Equipment financing spreads the cost. Hunter, Coats, BendPak, and Corghi are common brands. Often bundled with alignment and brake equipment. Apply now for auto repair equipment financing.

Apply for Tire Equipment Financing

What Are Tire Changers and Balancers?

Tire changers mount and dismount tires from rims. Wheel balancers identify and correct imbalance. Equipment ranges from basic manual to fully automatic systems that handle large truck tires. Brands like Hunter, Coats, BendPak, and Corghi are common.

Why Tire Equipment Financing Is Different

Tire changers and balancers are standard auto shop equipment. Often bundled with alignment or brake equipment. Low ticket; quick approval. Approval typically 1–5 days.

Tire Equipment Financing Options

Equipment Loans

0–20% down, 36–48 months. Rates 6–15%.

Equipment Leasing

Lower monthly payments. Loan vs lease.

SBA Loans

Combine with other shop equipment. View SBA.

Use working capital for operating expenses; use equipment financing for tire equipment.

See What You Qualify For

How Much Does Tire Equipment Cost?

Basic tire changers $3,000–$6,000. Professional units $6,000–$12,000+. Wheel balancers $2,000–$8,000. Package deals (changer + balancer) $5,000–$15,000+. Used typically 20–35% less. Many lenders finance used equipment. Calculator.

Estimate Payments

Rates and Monthly Payments

Rates typically 6–15%. Terms 36–48 months. A $10,000 package at 9% over 48 months ~$250/month. Down payment 0–20%.

Requirements to Finance Tire Equipment

Requirement	Typical Range
Credit score	600+ (680+ for best rates)
Down payment	0–20%
Time in business	1–2+ years
Revenue	Proof of business income
Equipment quote	Written quote from dealer

Credit. What lenders look at.

What to Have Ready

3–6 months bank statements, tax returns, P&L, equipment quote, business formation documents.

When to Apply

Apply when you have a clear need, written quote, and financials. Axiant Partners—submit once, offers in 24–48 hours.

Tips to Get Approved

Improve credit; provide strong revenue docs.
Bundle changer and balancer; consider used.
Work with a broker—Axiant Partners.

Common Mistakes to Avoid

Skipping the quote; incomplete financials; focusing on rate alone.

Red flags.

Why Finance vs Pay Cash

Preserves working capital. Tax benefits—Section 179, bonus depreciation, lease payments as operating expenses.

Choosing the Right Tire Changers and Balancers for Your Shop

Before applying for tire changer and balancer financing, clarify your volume, tire sizes (passenger, light truck, heavy-duty), and bay layout. Tire machines range from $2K for basic units to $15K+ for fully automatic; balancers from $1K to $8K+. Brands like Hunter, Hunter Engineering, Coats, John Bean, and Corghi are common. Get written quotes with make, model, and pricing. Compare new vs used—many lenders finance used tire equipment when condition is documented. Bundle with alignment racks, lifts, or diagnostic equipment for better terms. Use our financing calculator to estimate payments.

Documents to Speed Up Tire Equipment Approval

Lenders need bank statements (3–6 months), tax returns, P&L, and a quote for your changer and/or balancer with make, model, and price. Formation docs and proof of time in business complete the packet. They evaluate credit, revenue, and the equipment. Applications with everything in place often turn around in 24–48 hours.

Why Shops Finance Tire Equipment Instead of Paying Cash

Tire changers and balancers qualify for Section 179 and bonus depreciation; lease payments are typically deductible. Full tax details in our equipment financing overview. Adding a tire bay or moving to automatic equipment is a sizeable outlay—financing keeps capital free for inventory. Leasing vs loans comes down to cash flow and how often you expect to replace equipment.

How the Financing Process Works

01

Get a Quote & Apply

Obtain written quote. One application.

02

We Match You

Programs fit your tire equipment purchase.

03

Review

24–48 hours for many.

04

Funding

Sign. Funds to seller.

Apply

Related Auto Repair Equipment

Tire Equipment Financing FAQ

Can you finance used tire equipment?

Yes. Many lenders finance used tire changers and balancers in good condition.

Can you finance changer and balancer together?

Yes. Package deals simplify approval and may improve terms.

How long does approval take?

1–5 days equipment. SBA 30–60+ days.

Leasing vs buying?

Leasing: lower payments, easier replacement. Buying: equity.

Tire Changers & Balancers Financing: Equipment Loans, Leases & SBA Programs