Commercial Truck Financing with Small Business Funding

Qualify For Commercial Truck Funding

The success of your business relies on the health of your vehicle(s).

There will be times when your vehicle(s) will need maintenance, an upgrade, or expansion of your fleet,

This is where Small Business Funding can help.

We will partner with you to get you the financing for your commercial trucks, semi-trailers, specialty vehicles, buses, motor-coaches, and more.

Commercial Truck Financing

Trouble Getting Financing

Trucking companies in need of capital are considered a high risk by banks and other traditional lenders. Credit unions as well have difficulty providing financing for this industry.

In addition, trucking business owners with bad credit or poor credit have no shot at receiving any sort of commercial funding from standard lending institutions.

Small Business Funding specializes in helping the Commercial Trucking Industry receive funding.  Even if you have poor personal credit.

 

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How We Can Help – Commercial Truck Financing

Small Business Funding works with the nation’s top alternative lending sources to find you commercial truck financing.

We will help you receive business funding so you have the cash infusion needed to buy additional trucks, expand your warehouse, add additional routes, just about anything.

This will in turn help increase revenues leading to growth.

Maintenance is a big cost and often requires commercial financing. The high risk associated with funding this type of business is tied to the fact that often there is no brick or mortar establishment and the “office” is on wheels.

Small Business Funding has lenders that look past this and perform their underwriting accordingly, taking this into consideration for providing loans.

 

Commercial Truck Financing Options

We offer many different funding options, we’ve highlighted a few below:

Working Capital Advancethis option is ideal if you don’t have great credit and are looking to secure funding quickly

Equipment Leasingwe provide you the capital through a Working Capital Advance or Term Loan.  You can than use that funding to lease your commercial truck or other equipment

Asset-Based Financing – You can utilize your truck titles as collateral to secure asset-based financing. Usually this type of loan will give you a better rate and term as there is collateral that you can hedge your loan.

Any and all types of loans are provided by our lending partners regardless of your personal credit score. Please take the time to see how much commercial truck financing you can receive.

 

How To Apply

To apply for commercial truck financing for your company all you need to do complete our no obligation funding request form.

Once you’re pre-qualified, you will be asked to complete a 1-page application. As well as a copy of your previous 3 months of business bank account statements.  This is needed in order to verify your income.

No collateral is required, and you can receive business funding approval within 24 hours.

A lot of times lenders ask for merchant statements from credit card processing but if you do not process credit cards no worries.

 

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