Trucking runs on cash flow. Fuel, repairs, insurance, permits and driver pay all come due long before a broker pays your freight invoice. Trucking business loans bridge that gap — putting money in your account fast so you never have to park a truck or turn down a load.
Why trucking companies need funding
- Fuel & DEF — keep rolling when diesel prices spike.
- Repairs & downtime — a blown engine or transmission can't wait weeks for a bank.
- Slow-paying freight — net-30/60/90 brokers tie up your cash; funding bridges it.
- Buying trucks & trailers — expand your fleet or replace aging equipment.
- Insurance & permits — cover big annual premiums without draining reserves.
- Driver payroll — make payroll on time, every time, and keep good drivers.
Funding options for truckers
Working capital for trucking
A lump sum you can use for anything — fuel, repairs, payroll. No collateral required, and many programs carry no minimum credit score because approval is based on your deposits.
Equipment financing for trucks & trailers
Finance the truck itself with little or no money down — the equipment is the collateral, so credit standards are more flexible (often down to a 580 score). Terms up to 5 years.
Freight bill / invoice financing (factoring)
Turn unpaid freight invoices into cash now instead of waiting on brokers. Your customers' reliability matters more than your credit.
What you need to qualify
| Requirement | Typical minimum |
|---|---|
| Time in business | As little as 4 months |
| Monthly revenue | $10,000+ in deposits |
| Credit score | No minimum on many programs |
| Documents | 1-page application + 4 months bank statements |
Owner-operator or fleet — funding fits both
Whether you're a one-truck owner-operator or running a fleet of twenty, there's a program sized to your deposits. A no-cost funding advisor matches you with the fastest option you qualify for — you see your options first, with no obligation and no hard credit pull.