01
We Understand Freight Payment Cycles
Brokers and shippers often pay 30-90 days after delivery. We structure funding that bridges these gaps so you can keep trucks rolling.
Capital That Keeps Your Fleet on the Road
Trucking and transportation businesses need capital that moves as fast as freight. We provide funding designed for the unique cash flow challenges of the industry—from fleet expansion to fuel costs to bridging payment delays.
- Funding from $25,000 to $1,000,000
- Decisions in as little as 24 hours
- We understand freight industry economics
What You Need to Qualify
$30,000+
Minimum Monthly Revenue
6+ months
Established Business History
TrustScore 4.4 / 5 on Trustpilot
How much funding do you need?
Drag the slider or type an amount
$
$20K$5M
Only Takes 30 Seconds
Applying is free and won't impact your credit score
From Application to Funding at Freight Speed
01
Quick Application
Share your fleet size, monthly revenue, and what you need funding for. We understand owner-operators, small fleets, and large carriers alike.
02
Fast Review
We assess your business with knowledge of freight payment cycles, lane economics, and the capital requirements of transportation.
03
Choose Your Terms
Review multiple funding offers with different structures. Pick what works for your cash flow and growth plans.
04
Hit the Road
Funds arrive quickly—often within 24-48 hours. Fill fuel tanks, make repairs, expand your fleet, or cover payroll.
Why Trucking Companies Choose Us for Funding
Funding Built for the Realities of Trucking
Whether you need to expand your fleet, cover fuel costs, or bridge payment delays from shippers, we have funding solutions designed for transportation businesses.
Transportation businesses face unique financial pressures. You deliver loads today but get paid in 30-90 days. Fuel costs are constant. Equipment failures stop revenue immediately. We have spent years learning the freight industry so we can provide capital that keeps your operation moving profitably.
Transportation Business Funding Overview
We offer multiple products to address different trucking needs. Some carriers need fleet financing for expansion. Others need working capital to bridge payment gaps. Many use a combination as their operation grows.
Most trucking companies qualify for multiple products. Your funding advisor will help compare options and recommend the best approach.
- Loan Amounts
- $25,000 to $1,000,000
- Rates
- Starting at 1% monthly
- Terms
- 3 months to 5 years
- Speed
- 24 hours to 7 business days
Financing Options for Trucking Businesses
Different operations call for different solutions. Here are the products trucking companies use most frequently.
- Freight Invoice FactoringStop waiting 30-90 days for brokers and shippers to pay. Convert your freight bills into same-day cash to cover fuel, maintenance, and driver pay.
- Fleet Equipment FinancingFinance semi trucks, trailers, box trucks, and commercial vehicles. Grow your fleet with manageable monthly payments instead of massive cash outlays.
- Working Capital for OperationsCover fuel costs, driver payroll, insurance, and maintenance between loads. Built for the freight industry's unpredictable payment cycles.
- Business Line of CreditAccess capital when you need it for fuel, repairs, or new opportunities. Draw funds as needed and build a safety net for your operation.
- Revenue-Based FinancingFunding tied to your freight revenue with flexible repayment. Ideal for carriers with consistent loads but variable cash flow timing.
- Bad Credit OptionsYour trucking experience and freight contracts matter more than your credit score. We work with carriers who have strong loads but past credit challenges.
How Credit Affects Trucking Business Financing
Your personal credit score is one factor, but not everything. We evaluate the complete picture: fleet size, freight contracts, revenue history, and accounts receivable quality.
- Freight contracts and lane history matter significantly
- Strong revenue demonstrates operational capability
- Equipment equity serves as additional collateral
- Consistent loads show business stability
Good news
Trucking company owners with credit scores in the 500s regularly qualify for funding when they demonstrate solid freight revenue and reliable contracts. Your operational performance tells the story.
Strong Credit Profile
Access to lowest rates, longest terms, highest amounts
760Score
Challenged Credit
Multiple options available based on business performance
502Score
Trucking Industry Funding Insights
30-90
average days to receive payment from brokers and shippers. Our funding bridges this gap so you can fuel, maintain, and pay drivers today.
Source: Freight Industry Data
$180K+
average cost of a new Class 8 tractor. Our equipment financing helps you expand your fleet without depleting cash reserves.
Source: American Trucking Associations
70%
of trucking companies use some form of external financing. Capital is a normal, strategic part of transportation operations.
Source: Owner-Operator Survey
Evaluating Trucking Business Financing
Pros
- Bridge payment gaps from brokers and shippers
- Expand your fleet with manageable payments
- Cover fuel and maintenance costs immediately
- Take on larger contracts with capital backing
- Handle equipment repairs without downtime
- Build credit history for better future terms
Cons
- Financing costs reduce overall margin
- Some products require frequent payments
- Personal guarantees may be required
- Fast funding options typically cost more
Compare Trucking Funding Options
| Loan Type | Max Amount | Rates | Speed |
|---|---|---|---|
| Freight Factoring | $25K to $500K | 1% to 4% per invoice | 24 to 48 hours |
| Equipment Financing | $50K to $1M | 6% to 18% APR | 3 to 7 days |
| Working Capital Loan | $25K to $500K | 1% to 3% monthly | 24 to 48 hours |
| Business Line of Credit | $25K to $5M | 1% to 3% monthly | 1 to 3 days |
| Revenue-Based Financing | $25K to $500K | 1% to 5% monthly | 1 to 3 days |
Trucking Business Qualification Requirements
- Monthly Revenue
- $15K+
- Credit Score
- 500+
- Time in Business
- 6+ months
Get Funding for Your Trucking Business
Apply today and receive funding decisions quickly. Our team understands trucking financing and the unique needs of freight carriers.
Start Your ApplicationStep 1: Apply Online
Complete a short application about your operation, including fleet size, monthly revenue, and funding needs.
Step 2: Submit Documents
Upload recent bank statements and basic business information. We review them with an understanding of freight industry patterns.
Step 3: Get Funded
Review your offers, choose the best fit, and receive funds. Most trucking companies get funded within 24 to 48 hours.
Trucking Business Funding Products
Explore specific financing options available for your transportation business.
Related Industries We Fund
We also specialize in financing for these related industries.
FAQs
Trucking Business Financing Questions
Yes, we work with owner-operators, small fleets, and large transportation companies alike. Fleet size does not disqualify you from funding.
Fleet expansion, fuel costs, maintenance and repairs, insurance, permits, driver payroll, and any legitimate business purpose.
We offer working capital solutions that can complement or replace traditional freight factoring, often with more flexibility and potentially better terms for strong carriers.
Yes, we finance both new and used semi trucks, trailers, and commercial vehicles. Used equipment financing is common in transportation.
We evaluate each situation individually. Being current on compliance matters, but past issues do not automatically disqualify you.
It matters, but your trucking operation's performance often outweighs credit challenges. Strong freight revenue and contracts matter significantly.
Many carriers receive decisions within 24 hours and funding within 24-48 hours. Equipment financing takes slightly longer, typically 3-7 days.
Basic requirements include 3-6 months of bank statements, MC authority documentation, and proof of business ownership. Larger amounts require additional documentation.
Ready to Keep Your Fleet Moving?
Whether you need fleet financing, working capital, or fuel funding, our team specializes in trucking business financing and understands your unique challenges.
How much funding do you need?
Drag the slider or type an amount
$
$20K$5M
Only Takes 30 Seconds
Applying is free and won't impact your credit score