Trucking Business Loans & Fleet Financing
Capital solutions for owner-operators, freight carriers & trucking companies
- Apply free — no impact to your credit score
- Funding as fast as same business day
- 75+ lenders competing for your business
75+
Lenders
$500M+
Facilitated
5.0
Rating
Get your offers
How much do you need?
No hard credit pull · Takes 5 minutes · No obligation
Simple Process
Four steps to trucking funding
We've simplified the process so you can focus on running your business, not chasing lenders.
Apply in 5 minutes
Answer a few simple questions about your business. No paperwork, no branch visit.
We shop 75+ lenders
Your application goes to our entire lender network simultaneously. One application, many offers.
Compare your offers
See real offers side by side. We help you understand every term so you can choose with confidence.
Get funded fast
Accept an offer and funding can hit your account in as little as 24 hours.
Free · No credit impact · 5 minutes
Industry Expertise
We know the trucking business.
The trucking industry runs on tight margins and high fixed costs. Whether you need to purchase a new truck, cover fuel and maintenance while waiting on freight payments, or expand your fleet, Approvd connects trucking businesses with lenders who understand the unique needs of commercial transportation.
Use your funds to:
- Freight Payment Delays — Net-30 and Net-60 freight payments create cash gaps. A line of credit keeps you moving while you wait.
- Fuel & Maintenance Costs — Working capital financing covers operating costs without disrupting your cash flow rhythm.
- Truck & Equipment Purchases — Equipment-secured term loans make acquiring trucks easier with the vehicle itself as collateral.
- Fleet Expansion — Scale your fleet strategically with financing that matches your contract growth.
"Bought a second rig in under 3 days. Approvd matched me with a lender who understood the trucking business."
Mike O.
Trucking Business Owner
Available Products
Financing options for trucking businesses
The most popular financing types that trucking businesses qualify for through Approvd.
Business Term Loan
Finance truck purchases, trailer upgrades, or fleet expansion with fixed monthly payments
Business Line of Credit
Cover fuel, repairs, and payroll while waiting 30–60 days for freight payments to clear
Revenue-Based Financing
Fast working capital with repayments that flex with load volume — ideal for owner-operators
SBA Financing
Long-term low-rate financing for established carriers acquiring real estate or major fleet expansion
Qualifications
Do you qualify?
Most truckingbusinesses that apply through Approvd meet these basic requirements. If you're not sure, apply anyway — our advisors will find the best option available to you.
Ready to find out?
Apply in 5 minutes and get real offers from lenders who specialize in trucking financing. No obligation. No hard credit pull.
Common Questions
Questions from trucking business owners
Can owner-operators get business loans?
Yes. Many lenders work specifically with owner-operators. You'll need proof of operating authority (MC number), business bank statements, and consistent freight revenue. Revenue-based financing and term loans are the most common products for owner-operators.
Can I finance a commercial truck through Approvd?
Yes. Our lender network includes commercial vehicle financing specialists. The truck itself typically serves as collateral, which can lower rates and increase approval odds even for newer businesses.
How do trucking companies manage cash flow between loads?
A business line of credit is the most efficient solution — draw funds to cover fuel and expenses, then repay as freight payments clear. Some trucking businesses also use invoice factoring, which we can connect you with through our network.
What documentation do trucking companies need to apply?
Typically: 3–6 months of business bank statements, MC/DOT numbers, most recent tax returns, and a void business check. The process is much faster than a traditional bank loan — most applications are reviewed within hours.
Ready for funding?
See what you can qualify for through the Approvd marketplace. Apply free — no impact to your credit score.