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Building a successful bodyshop requires more than just determination and ambition, it demands a consistent and dependable cash flow. Unfortunately, many shop owners find their growth plans delayed simply because the necessary funds aren’t available when they’re needed most. Extended payment terms from insurers or networks often mean your capital is tied up in completed jobs, leaving you unable to move onto the next step.
Invoice factoring offers a practical solution. By converting unpaid invoices into quick, accessible funds, it provides the financial flexibility to expand your business and means you don’t have to worry about incurring new debt or chasing down payments.
Even highly profitable body shops can struggle to grow when cash flow is inconsistent. Whether you’re considering hiring additional technicians, investing in new equipment, or opening a second location, these steps all require funds and the assurance that cash flow remains consistent.
When payments are delayed, running your bodyshop can turn into a guessing game, wondering when the next influx of funds will come around. Even with repair jobs in the pipeline, if payments take weeks or months to hit your account, trying to plan confidently for the future of your bodyshop can become increasingly difficult.
Invoice factoring offers a smart, effective way to manage cash flow. It helps bodyshops access the funds they’ve already earned. Instead of waiting for insurers or networks to pay out, you submit the invoice to a factoring provider like ACG. Within 24 hours, minus a small fee.
From there, the factoring company manages collection directly with the insurer or network. You get immediate flow of funds and relief from the burden of chasing payments. It’s simple, flexible, and designed to work hand in hand with your day-to-day operations.
To find out more, visit the ACG website
With quicker access to funds, your bodyshop is no longer limited by slow payment cycles. You can focus on investing in what your business needs to grow:
Instead of waiting to be paid before making decisions, you can move with confidence knowing your flow of funds is supporting your vision, not holding it back.
ACG understands how bodyshops operate and the cash flow challenges that come with repair work. That’s why our services offer fast, flexible and tailored solutions for all bodyshops we partner with. Whether you are an independent bodyshop or part of a wider network, we work closely with you to deliver the funding that fits your needs.
Marcus Dhanjal, Director of Kudos Bodyworks, spoke with Bodyshop Magazine about how using ACG’s funding services have helped with the expansion and success of his business:
“We have a strong vision of where we want to take the business, and to achieve this we needed the company’s cash flow to reflect it. Knowing the repair jobs we had coming through set the targets for us to achieve our vision, and with ACG’s support we had the money back into the business within 24 hours. This gave us the time to develop the second site, manage the risk and steadily bring it into our operation’s.
We started off small, maybe 10 repairs a week, but now we’re getting 20 + repairs through and things are looking promising. Having ACG in our back pocket minimises the debt risk, so no costly loans, and I know what I need to invoice through them. This gives me peace of mind and lets us push the boundaries of the vision we have for Kudos.”
Read the article in full, here
If your body shop is ready to take on more work, expand services, or stabilise cash flow, invoice factoring can give you the financial flexibility to move forward.
By turning unpaid invoices into working capital, you gain the ability to plan for your bodyshops future with confidence all whilst staying focused on what matters most: running and growing a successful business.
If you’re ready to fuel your bodyshops growth, speak to the experts at ACG.
We’re here to help
Contact one of our team if you have any questions
01925 591 540