Working capital for trucking businesses.
Capital that pays the repair shop today, finances the next tractor on terms that match a depreciation schedule, and respects that a driver's time off the road is real money.
Trucking is fuel cost, insurance hikes, ELD compliance, and a truck that breaks down on a Wednesday in Wyoming. The right funding pays the repair shop today, finances the next tractor on terms that match a depreciation schedule, and respects that a driver's time off the road is real money — not an inconvenience to be smoothed out by a 60-day approval cycle.
What we underwrite, what we don't require, and how the file actually moves.
Most trucking files we fund range from single-truck owner-operators to fleets of 25. We work with dry van, reefer, flatbed, box truck, dump, hot shot, and intermodal drayage operators. Active MC and DOT authority for 6+ months is the baseline; new authorities are better served by equipment-specific lenders that specialize in starter trucks with heavier down payment requirements.
Equipment financing for tractors and trailers is the most common product. New and used trucks up to 10 years old are routinely funded with 0% to 15% down depending on credit, age, and miles. The financed asset itself secures the loan, so pricing is meaningfully tighter than unsecured working capital. Soft costs — APUs, sleepers, paint, lift gates, ELD installations — can be rolled into the financed amount.
For working capital — fuel bridges, insurance renewals, repairs, settlement gaps — we underwrite on bank statements or factoring statements. Operators using a factoring company are still eligible; we simply incorporate the factoring deposits into the revenue picture. The MC number, DOT number, and a current insurance certificate are part of the file. Brokers and 3PLs without rolling stock also qualify under a working-capital-only framework.
We do not require you to change factoring providers, switch insurance, or assign settlements. UCC filings on trucking working capital are typical and disclosed in writing. Personal guarantees are standard. Every cost element is on the offer document before you sign.
What we fund
- New or used tractor purchase (Class 8 and medium-duty)
- Trailer financing — dry van, reefer, flatbed, dump
- Major engine, transmission, or diff repair
- Fuel, insurance, and IFTA between settlements
- Adding a second truck to an owner-operator setup
- DOT compliance investments — ELD, dashcams, scales
What you'll need
- Active MC/DOT authority for 6+ months
- $10,000+ in monthly settlements or invoices
- Bank statements or factoring statements
- Vendor quote for equipment financing
- MC number, DOT number, and current insurance certificate
Things trucking operators ask first.
MC number, not your guess
Have your MC/DOT number ready at application — it lets underwriting verify authority age and operating status in minutes, not days.
Factoring receivables are fine
If you use a factoring company, we use the factoring deposits as part of the revenue picture. You do not have to change factoring providers.
Vendor-paid equipment
On equipment financing, we pay the vendor directly. You take delivery and the UCC sits against the specific tractor or trailer.
Used trucks welcome
Trucks up to 10 years old fund routinely. Older tractors may require a higher down payment or a shorter term.
A two-truck NJ owner-operator added a used 2021 Freightliner with a vendor invoice and 6 months of settlements. Funded in 48 hours, 60-month term, monthly amortization.