BBI Programme: FinTech
Delivery partner: Liberis
AutoLab is a team of highly skilled mechanics, fully qualified in all areas of vehicle servicing, repair, diagnostics and maintenance, and each with their own individual specialisms.
For several years, AutoLab has made use of embedded finance from Liberis to fund equipment and infrastructure for new services, including diagnostics and tyre servicing, to grow the business.
Through Liberis’s integrated solution, a percentage of sales goes towards repayment, so repayments are always aligned with AutoLab’s revenues.
Most recently, funding from Liberis enabled AutoLab to retain its employees and continue expanding its offerings.