Trucking Business Loans
Trucking companies primarily use equipment financing for vehicles. Invoice factoring helps manage cash flow between loads.
Calculate Trucking Loan Payment
Trucking Loan Overview
Average Loan Size$350,000
Common Loan TypesEquipment Financing, Business Line of Credit, Invoice Factoring
Industry Tip: Trucking companies primarily use equipment financing for vehicles. Invoice factoring helps manage cash flow between loads.
Best Loans for Trucking Businesses
Equipment Financing
Loans specifically for purchasing business equipment, where the equipment itself serves as collateral.
Business Line of Credit
Revolving credit that lets you draw funds as needed and only pay interest on what you use.
Invoice Factoring
Sell your outstanding invoices to a factoring company at a discount for immediate cash.
