Business funding for trucking companies
Fuel, insurance and drivers get paid every week; freight brokers and shippers pay in 30 to 60 days. Funding that covers the gap keeps the trucks moving.
How cash flows in trucking
Trucking costs are front-loaded and constant: fuel, tolls, maintenance, insurance and driver pay every week. Revenue arrives later, when freight brokers and shippers settle invoices. A repair or a slow-paying customer can squeeze cash flow fast, which is why many fleets end up with several advances at once.
What we look at
- Steady deposits from freight brokers and shippers
- Your operating authority and time in business
- Fleet size and equipment age
- Existing advances and payment history
Minimums: about $50,000 a month in revenue and one year in business. Larger requests are reviewed case by case.
Common situations
Adding trucks or trailers
Finance the equipment against itself and keep cash for operations.
Slow-paying freight brokers
Cover fuel and payroll while invoices are outstanding.
Major repairs
Get a truck back on the road without draining reserves.
Stacked daily debits
Consolidate several advances into one weekly or monthly payment.
Funding that fits
Your advisor recommends the structure; you choose, with every cost in writing.
Trucking: questions owners ask
Can owner-operators apply?
Yes, if the business meets the minimums: about $50,000 a month in revenue and a year in business. Owner-operators and small fleets are both welcome to apply.
Can I finance used trucks?
Often, yes. Expect shorter terms and possibly a down payment on older equipment.
What do I need to apply?
To start: amount, monthly revenue and time in business, with no documents and no SSN. To get your offer: your last four months of business bank statements.