How funding works for trucking
Four steps from a gap to money in the account, in the order they happen for carriers. Nothing here is a credit pull until you choose an offer.
- 3 minutes
Tell us the lanes and the gap
How many trucks, what they haul, who pays and how late. Three minutes, no credit pull.
- Same day
Send statements and rate confirmations
Deposits show the pattern; rate cons show the freight already booked.
- 24–48 hours
Compare advance, factoring and equipment financing in dollars
Amount, total payback, remittance, APR-equivalent beside any factor rate.
- A business day after signing
Fund and remit as the loads pay
Funding usually within a business day of signing; weekly or daily remittance sized to settlements.
What we ask for, what you get back, what we say no to.
What we ask for
Three months of business bank statements, and whatever shows the money on its way — a rate confirmation, a invoice, a schedule. Tax returns are not needed to start.
What you get back
Every option as amount, total payback, remittance schedule and prepayment terms, with the APR-equivalent beside any factor rate. If a partner will not put it in writing, we do not place the deal.
What we will say no to
A second advance on the same deposits to cover the first, a remittance that outruns the settlement schedule, or funding an amount the lane cannot carry. We say so, and what would change the answer.
The trucking cash cycle, and where funding sits in it.
- Day 0
Load booked
Rate confirmation signed; fuel and the driver are paid before the truck moves.
- Day 1–3
Delivered
BOL signed, POD sent. The invoice starts its clock.
- Day 30–45
Net-30 to net-45
Brokers and shippers pay 30–45 days; quick-pay takes 2–5% to pay in days.
- Every month
Fixed costs
Truck note, insurance, ELD, plates and tolls come out on the same date every month regardless.
- Any day
Repairs
A set of tires or a turbo is $3,000–$12,000 the week it happens, not the month the invoice pays.
Four tools. The lane decides which.
- Merchant cash advance
A purchase of a fixed amount of future receivables, remitted daily or weekly. Fast, sized to the settlement, and worth understanding fully before you take it.
Funding in 1–3 days- Revenue-based financing
Remitted as a percentage of revenue, so slow weeks remit less. Suits seasonal trades and lumpy receivables.
Up to 12–18 months- Equipment financing
The equipment secures the financing, which usually means lower cost and longer terms than unsecured capital.
Terms of 2–7 years- Business line of credit
Draw what you need when the gap opens and pay for what you use. The right tool for a recurring gap, not a one-off.
Revolving
Bring us the lane. We'll bring the numbers.
Start with the amount and the date it is needed. No obligation, no credit pull to begin.