IndustriesTrucking
Funding for Trucking Companies That Keeps Your Fleet Rolling
Repairs, fuel, insurance down payments and new-truck costs, funded around how freight actually pays.
Use of funds
How Carriers and Owner-Operators Use Working Capital
Trucking runs on long payment cycles. Loads are delivered today, broker and shipper payments arrive weeks later, and fuel, insurance and repairs don't wait.
Repairs and Maintenance
Fuel While You Wait on Broker Payments
Insurance Down Payments
Adding a Truck or Trailer
Permits, IFTA and Registration
Any Other Business Purpose
Your business
What We Understand About Your Business
Waiting on Brokers
Thirty- to sixty-day payment terms strain cash. Invoice factoring can help too.
Downtime Is Expensive
A truck in the shop earns nothing.
Rising Costs
Fuel, insurance and parts don't wait for invoices to clear.
Questions, Answered
Same-day business funding is fast working capital for businesses with steady revenue. We shop your request across a wide range of funders and walk you through their offers. Funders typically structure it as a purchase of a portion of your future receivables rather than a loan: the funder pays you upfront and receives an agreed percentage of your receivables as you collect them, without charging interest. Funding is subject to approval and timing varies: funds can arrive as soon as same day after approval and signing.
The cost is set by the funder you choose: it's the difference between what you receive and the total receivables sold, plus any fees in the funder's agreement. It depends on your business and the funder, so we don't publish rates. Because we work with a wide range of funders, we can compare offers with you; the cost is fixed when you sign and shown in writing, with the disclosure your state requires, before you commit. It usually costs more than a bank or SBA loan.
Usually your last 4 months of business bank statements, a government ID and a voided business check. Your advisor will tell you if anything else is needed.
Yes, trucking companies and owner-operators are welcome to apply. We look at your deposits over time and how your business runs to match you with the right lenders and funders, and your advisor can talk through timing around your busy and slow periods. Not every business qualifies.