Mechanic reaching inside engine bay of vehicle
We Can Help

Solutions for Auto Repair and Service Professionals

focus on throttle position, not your financial position

tire shop worker filling tire with air in a shop

Challenge: Managing a Variety of Payment Methods

You receive payments in cash, credit cards, debit cards, and local checks. For more expensive repairs paid by check, you may even need bank pre-approval.

Ask yourself these questions:

  • What delays do you experience between credit card payment by customers and the availability of those funds in your bank account?
  • What is your typical time span from check payment to availability of funds?
  • How concerned are you about theft when you leave cash in your shop overnight?

How we can help you:

  • Merchant Services to allow you to accept debit and credit card payments from patients, reducing the processing times for payments.
  • Remote Deposit Capture to let you quickly and easily deposit checks into your account from anywhere, so your funds are deposited into your account faster, and you have more time to run your business.
  • DRIVE THRU plus so you can make teller-assisted cash or check deposits when it’s most convenient for you: Monday – Saturday, 7am – 7pm EST; or use our ATM deposit 24/7.
Mechainic talking to customer next to their car

Challenge: Funding Equipment Purchases and Upgrades

Repair of new car models is becoming more complex due to the increased use of onboard computers and electronics to improve fuel efficiency, performance, and emissions, so you must invest in new tools and diagnostic equipment to keep up with technology advances and to compete with dealerships for repair and maintenance work.

Ask yourself these questions:

  • What are your plans to expand your repair bays?
  • How often do you purchase new equipment (lifts, paint booths, diagnostic equipment)?

How we can help you:

  • Term Loans to give you needed working capital for purchasing new equipment.
  • Equipment Financing to help you acquire sophisticated and expensive diagnostic equipment or shop heavy machinery.
Man is repairing the side of an old car by welding

Challenge: Ensuring Timely Funds from Direct Repair Programs

If you participate in Direct Repair Programs (DRP), you know it can be a significant source of revenue; however, you are challenged with managing cash flow that is subject to upfront expenses for materials and labor while waiting for reimbursement.

Ask yourself these questions:

  • How does the delay from time of repair to receipt of good funds from DRP affect your receivables?
  • How do you monitor and manage cash in your bank accounts with the variety of payment types you receive?

How we can help:

Let’s Chat

Schedule an Appointment

See our team’s availability below and choose the date/time that works for you to meet with one of our knowledgeable Business Bankers.

Bank of Tennessee employee, Rhonda Trivette

Schedule an appointment with Rhonda Trivette at our Med Tech office in Johnson City, TN


Schedule an appointment with Pete Roller at our Jonesborough, TN office


Schedule an appointment with Michael Simpson at our Med Tech office in Johnson City, TN


Schedule an appointment with Stephen Dixon at our Med Tech office in Johnson City, TN


Bank of Tennessee employee Lynn James

Schedule an appointment with Lynn James at our E. Center Street office in Kingsport, TN


Bank of Tennessee Employee Wes Argabrite

Schedule an appointment with Wes Argabrite at our E. Center Street office in Kingsport, TN


Bank of Tennessee employee Jenny Dugger

Schedule an appointment with Jenny Dugger at our E. Center Street office in Kingsport, TN


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