Who this is built for
Local delivery, regional freight, dump and aggregate haulers, last-mile carriers, and distribution fleets running routes within a region. Long-haul over-the-road carriers deal with the same cash crunch, but we do not promise funding for long-haul operations. This page is about fleets that run closer to home.
Same-day, honestly
A truck down is lost revenue every hour, so we get why you searched for same-day. The real answer: decisions are fast and qualified files can be funded in as little as 24 hours. Anything faster depends on the file and your bank.
Where fleet cash disappears
- Engine, transmission or DPF repair on a working truck
- Tires across several units at once
- Fuel spikes before you can adjust rates
- Insurance renewals and permits
- Driver payroll while invoices age
For breakdowns, see emergency repair funding.
Which product fits
Equipment financing spreads the cost of a tractor, box truck or trailer over time, with the equipment itself tied to the deal. Working capital handles fuel, repairs and payroll. A line of credit works when costs come in bursts.
Example: a regional beverage distributor
For illustration: a 9-truck fleet running routes across two states bills $210K a month. Two reefers need compressor work the same week a big retailer pays slow. The owner applies with three months of statements and gets a quick decision. The trucks get fixed and routes stay covered while receivables catch up.
Tighten up your file first
Fleet files move quickest when broker and shipper payments land in one business account. Pull your last three months of statements and look for anything odd, like a big transfer between accounts, so you can explain it up front. Know the repair quote or the unit price before you ask. And be clear on your lanes: local routes, regional runs, which customers. A clean, honest picture gets you a faster, straighter answer.
What it takes
A 5-minute application, a soft credit pull to start, and about three months of business bank statements. No tax returns. FICO 500 and up is considered and owner-operators set up as sole proprietors can apply. Funding from $25,000 to $5,000,000 comes through our partner Merchant Fund Express. Start here.
Frequently asked questions
Do you fund long-haul carriers?
We do not promise funding for long-haul trucking. This page is focused on local and regional fleets.
Is this the same as factoring?
No. Factoring sells specific invoices. These products are based on your overall revenue shown in bank statements.
Can I finance a used truck?
Equipment financing can apply to used equipment in many cases. Details depend on the unit and your file.
My bank turned me down because of my credit. Can I apply?
Yes. FICO 500+ is considered and the review leans on revenue. Credit repair is a separate service and is not required to apply.
How much can a fleet get?
Funding runs from $25,000 to $5,000,000 depending on your revenue history.
Does a seasonal freight slowdown hurt my application?
Reviewers look at roughly three months of deposits. A slow stretch inside a steady pattern is normal for regional fleets, and you can explain it on the application.