Trucking runs on cash you haven't been paid yet. Brokers pay in 30–60 days; fuel, insurance, and repairs are due now. Revenue-based funding bridges that gap — and because settlements hit your bank like clockwork, trucking files review well even with mid-600 credit.
What trucking companies fund most
- Major repairs — engine, transmission, DPF; a down truck earns nothing
- Fuel during growth — taking more loads means floating more fuel
- Insurance down payments — annual premiums hit hard in one lump
- Bridging slow-paying brokers — cover fixed costs while invoices age
- Adding a truck or trailer — capacity to take the contracts you're turning down
Funding vs. factoring — and using both
Factoring advances specific invoices; working capital funding gives a lump sum based on your overall revenue that you can point at anything — repairs, insurance, hiring a driver. Many carriers run both: factoring smooths receivables, working capital handles the lumpy expenses. For the fastest lump-sum option, see how a revenue based financing works; for fixed payments on a truck purchase, a term loan may price better.
💡 Underwriting tip: deposit settlements into one business account. Underwriters want clean deposit history — money scattered across personal accounts shrinks your offer. More on this: how lenders read your statements.
Typical qualifying profile
- 6+ months under your own MC authority (or strong lease-on settlements)
- $15K+ monthly gross deposited to a business account
- Mid-600 credit considered — see the 650 score guide
- 3–4 months of bank statements ready (full checklist)
Approval and terms are subject to lender underwriting.
Keep your trucks loaded and moving
60-second form. Funding reviews built for carriers and owner-operators.
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