Funding for Trucking
Trucking is a high-capital, high-cash-flow business. A new tractor can cost $150,000 to $200,000, trailers add another $50,000+, and fuel and maintenance run continuously. Yet shippers and brokers often pay invoices on 30–60 day terms, creating constant working capital pressure.
FundFi partners with lenders who understand the trucking industry. Equipment financing covers tractors, trailers, and trucking equipment with terms structured around vehicle lifespans. Freight factoring provides same-day payment on freight invoices, eliminating the wait for broker and shipper payments.
Common Trucking Funding Challenges
Why Choose FundFi for Trucking Funding
- Equipment financing for tractors, trailers, and trucking equipment with terms up to 7 years
- Same-day freight factoring — get paid as soon as loads are delivered
- Working capital lines of credit for fuel, maintenance, and operational expenses
- Lenders who understand DOT compliance, owner-operator structures, and broker payment cycles
Recommended Funding Products
Frequently Asked Questions
Yes. Many lenders specialize in owner-operators, with equipment financing for tractor purchases and freight factoring for invoice payments — even for single-truck operations.
When you deliver a load, you submit the invoice to the factor and receive same-day payment of 90–97% of the invoice value. The factor collects from the broker or shipper directly.
Yes. Used commercial trucks up to 8–10 years old typically qualify for equipment financing, with slightly higher rates and shorter terms than new vehicles.
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