Trucks and trailers
New and used tractors, reefers and dry vans qualify for 36- to 72-month equipment loans secured by the unit. A dedicated lane often earns double the monthly payment.
Funding for trucking,
built for the long haul.
The load is delivered today and the shipper pays in 45 days, while fuel, tolls and driver pay are due this week. One application, shopped to the lenders we work with that fund carriers, with funding in as little as 24 hours.1 No impact to your credit score to apply.2 Amounts from $5K to $5M.3
4.8Excellent · Based on 12,480 reviews
FundLine Capital is a commercial loan broker, not a lender. Offers are made by the lenders we work with.
How much do you need?Illustrative only. Your rate, term and payment are set by the lender whose offer you accept.
Est. monthly payment$2,478
Illustrative terms11.5% APR · 48 mo
90%of a delivered load advanced within two days
Invoice financing turns freight you have already hauled into cash before the broker's check clears, so a net-60 shipper is good volume instead of a cash-flow problem.
Capital for trucks,
fuel and the 45-day wait
Carriers get paid last and pay first. Every product we place for a trucking company is chosen to close that gap or to add a unit that widens the lanes you can run.
Freight invoice financing
Advance up to 90 percent of delivered loads within two days. You keep the shipper relationship; the lender is repaid when the broker or shipper pays.
A fleet line for repairs and tires
A $25K to $250K revolving line covers an engine rebuild or a fuel spike without missing a driver settlement. Draw a few times a year, repay from settlements.
Invoice financing or factoring?
They solve the same problem. Factoring usually sells the invoice and the factor collects from your shipper; invoice financing advances against it while you keep the relationship. Compare fees, recourse terms and contract length before you sign anything, and watch for long lock-ins. We show both options with the true cost per load so an owner-operator can decide on the numbers, not the pitch.
How carriers get funded with FundLine
Blue Ridge Haulers LLC
$108,000 of $150,000Available to draw
$42,000Outstanding balance
Draw funds
Engine rebuild, unit 4$22,000
Tires and fuel card$20,000
Next payment$1,910 on Oct 1
Settlements pending$63,800
- 1
Apply once
About 15 minutes. Company details, operating authority, three to six months of bank statements and recent settlement statements. Equipment requests need the unit's specs and quote.
- 2
Compare offers
We shop the application to the lenders we work with that fund carriers and lay out the offers, including advance rates on freight and down payments on units.
- 3
Roll
Accept the offer that fits. Invoice financing can fund in as little as 24 hours; equipment loans take a few extra days for the title and inspection.
Talk to someone who knows
what net-60 does to an owner-operator.
Our advisors have placed truck loans, freight advances and fleet lines for single-truck operators and 40-unit carriers. Bring your settlement statements and your slowest shipper; we will tell you which products fit before you apply.
Book a callReal people, any day of the week
What carriers say
Excellent
4.8
Based on 12,480 reviewsFundLine owner reviewsTrucking funding questions
Most carriers start with equipment financing for trucks and trailers and invoice financing for delivered freight. Growing fleets add a line of credit for repairs and fuel. FundLine shops one application to the lenders we work with that fund carriers.
Yes. Several lenders we work with fund single-truck operations, weighing driving history, credit profile and settlement statements. Invoice financing in particular depends more on who owes you than on the size of your fleet.
Most equipment lenders do, with terms that depend on the age and mileage of the unit. The truck itself secures the loan. Expect shorter terms and a larger down payment on older equipment, often 10 to 20 percent.
Truck loans match the unit, commonly $40K to $180K per tractor. Freight advances are sized to the loads you have delivered. Fleet lines run $25K to $250K, and multi-unit carriers with strong history can go higher.
The application takes about 15 minutes. Invoice financing often returns offers within a day or two, and many lenders fund in as little as 24 hours after you accept. Equipment loans take a few extra days for the title and inspection.
Both give you cash now for freight you have already delivered. Factoring typically sells the invoice outright and the factor collects from the shipper. Invoice financing advances against it while you keep the customer relationship. Compare fees, recourse terms and contract length before you accept.
Lenders see it as a trade line, not a loan, but they will look at the balance and whether it is paid on time. A fuel card paid weekly with no carried balance helps your profile.
Sometimes. Owner-operators leased to a carrier can often finance a unit on the strength of the lease agreement and settlement history. Lenders will want the carrier's name, your settlement statements and a clean driving record.
Three to six months of business bank statements, operating authority and registration details, recent settlement statements and, for equipment, the unit's specs and dealer quote. Invoice financing needs the rate confirmations and bills of lading for the loads you want to advance.
Equipment financing
Tractors, trailers and reefers on 36 to 72 months, new or used, secured by the unit.
Invoice financing
Advance up to 90 percent of delivered loads within two days and keep the shipper relationship.
Guides for carriers
How lenders read a trucking company, and how to add a unit or bridge a slow shipper without a lock-in.
Guide
Getting ready to borrow
The checklist for a carrier: authority, settlement statements, bank deposits and the unit quote.
Read moreBlog
Lenders that still fund businesses under two years old
Where a new authority can get a truck financed, and what the lender wants to see.
Read moreTool
Payment calculators
Compare a 48-month truck payment to what a dedicated lane brings in.
Read moreReady to add
the next unit?
One 15-minute application. No impact to your credit score to apply.
- 1¹ Funding in as little as 24 hours applies to select products after you accept an offer. Timing varies by lender, product and how quickly documents are returned.
- 2² Submitting a FundLine application does not affect your personal or business credit score. A lender may run a hard inquiry before final approval and will disclose it first.
- 3³ Amounts, rates and terms are set by the lender and depend on time in business, revenue and credit profile. $5K to $5M is the range across the lenders we work with; not every business qualifies for every amount.
- 4Advance rates on freight invoices vary by lender and by the creditworthiness of the shipper or broker that owes the invoice.