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Financing for Trucking Businesses

Small Business Loans

Small Business Loans

Get financing to grow your trucking business. Cover regular costs and purchase new trucks.
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Equipment financing

Equipment financing

Invest in new trucks, trailers & equipment.
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How Select Funding Can Help Your Trucking Business

We offer quick and easy small business loans for trucking businesses to hire and
train employees, purchase new trucks & trailers, cover operational costs and expand.

Hire and Train Employees

Hire and Train Employees

With financing from us, you will be able to hire and train new employees.
Purchase New Trucks

Purchase New Trucks

Get new trucks & trailers, expand your services and increase cash flow.
Cover Operational Costs

Cover Operational Costs

Pay monthly rent, utilities and payroll․
Increase Cash Flow

Increase Cash Flow

Get the chance to grow your business and your revenue with the help of our funding.

HEAR FROM OUR CUSTOMERS

Select Funding is a real business, managed by real people providing a superb service. Zach F. guided me throughout the process and was not only professional but also really went the extra mile to get my trucking business funded in less than 5 days. I will definitely do business with them again, thank you, Zach!
ADAM S.
Thank you so much for the easy and quick process of getting approved! Jordan Bar-Adon went above and beyond in helping me, understanding my situation, and working with me to achieve my goals. He assured me to follow up in the future to reinvent my goals and work forward! Thank you, Jordan! Five stars to you and your team!
Jose H.
Needed the PPP loan desperately. Signed up with Select Funding and had the loan funded in less than a week. Tremendous load off my shoulders. Can’t thank the team enough.
Michael B.

How to apply

Step 1

Complete your application for funding in a few minutes through our online portal or call (866) 639 0404 to speak to one of our funding advisors.

Step 2

Once we receive your completed application it will be evaluated by our automated technology providing a decision within hours.

Step 3

Funds are deposited into your business account within one business day. Equipment financing loans will be completed in as quickly as three business days.

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SMALL BUSINESS LOANS FOR TRUCKING BUSINESSES

We are passionate about creating opportunities for a trucking business like yours, because
we believe small businesses are the lifeblood of the community.

24 HOUR FUNDING

24 HOUR FUNDING

We make decisions quickly and fund your business within 24 hours.
REVENUE BASED FINANCING

REVENUE BASED FINANCING

We look at your sales not profits
UNSECURED LOANS UP TO $500,000

UNSECURED LOANS UP TO $500,000

Get a loan without leveraging any of your assets to secure funds.
MATCH WITH THE BEST OFFER ACROSS 25 LENDERS

MATCH WITH THE BEST OFFER ACROSS 25 LENDERS

By working with over 25 lenders we can offer the lowest rates.
TAKE ON LARGER PROJECT

TAKE ON LARGER PROJECT

We can help you to take on larger projects that might require slower payback periods․
PURCHASE NEW EQUIPMENT

PURCHASE NEW EQUIPMENT

Equipment financing up to $1,000,000. Purchase a new van or upgrade your equipment.

Trucking Business Resources

Learn how to finance your trucking business, improve your costs, or grow your business.

What You Need To Know About Trucking Business Loans?

Receiving a loan for your trucking & transportation business might seem like a complex and a lengthy process. There are many financing options for your trucking company at the moment. To get working capital for your trucking industry business you will need to complete our online application and wait for approval. Our business loans range from $2,500 to $500,000 which allows trucking business owners to purchase new trucks or equipment, market their trucking business and expand.
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Business Loans To Grow Your Trucking Business

As a trucking business owner, you might struggle to keep up with ongoing workflow and lack resources to take on more projects to grow. The root cause of these issues is usually the lack of financing. Select Funding aims to help small businesses grow their trucking companies by utilizing the working capital that they receive from us. To apply for a business loan at Select Funding, you will need to have yearly revenue of $120,000, have a minimum credit score of 500 and be a trucking business owner of at least 6 months.
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How To Have A Successful Trucking Business?

Starting and maintaining a successful trucking business can be challenging. Trucking industry businesses run into a variety of problems on a daily basis. Most trucking business challenges come from lack of financing and other resources. At Select Funding, we believe our business loans can help trucking companies transform their business by purchasing new trucks & trailers, expanding their services and locations, covering business expenses and other operational costs.
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FAQ

What credit score do you need for Trucking Business financing?

As a part of our minimum requirements, it is advised to have a FICO score of 500.

How can I use the funds?

We usually provide trucking loans to help businesses buy equipment or finance other business activities such as payroll or rent.

Are there any minimum requirements for Trucking Business Loans?

Yes, below are the minimum eligibility requirements:

  • Revenue: $10,000/month in business deposits
  • Time In Business: 6 Months
  • Documents: 3 - Months of Business Bank Statements
  • Minimum FICO Score: 500

How long does the application process take?

The entire application process for trucking financing takes a few minutes. You can use your device to complete the online application at your convenience. The online application can be found here.

What kind of documentation do I need to provide?

We try to keep the paperwork at a minimum for trucking loans! You need to fill in our secure and quick online application and provide 3 months of business statements as an attachment to the online application.

If my application is approved for Trucking Business financing, how and when do I get paid?

From application to funding you can receive the cash you need in as little as two days and receive your equipment financing in as little as three days.

How Can I apply for Trucking Business Financing?

Step 1: Apply

Complete our online application or contact a loan advisor through (866) 264 - 7007.

Step 2: Qualify

Once we receive your completed application it will be evaluated by our automated technology providing a decision within hours.

Step 3: Get Funded

Funds are deposited into your business account within one business day. Equipment financing loans will be completed in as quickly as three business days.