TRUCKING & TRANSPORTATION
Gear Up Your Financing Options
Ready to Grow Your Trucking Business?
Financing Solutions to Grow Your Trucking Company
The saying “if you bought it, a truck brought it” couldn’t be truer, with the trucking sector dominating the containerized transport industry by generating 83.7 percent of its revenue, according to Business Insider.
But the biggest surprise in the industry is the lack of qualified drivers, with an estimated shortage of 20,000 truck drivers and rising. According to the American Trucking Association, in about 10 years, the demand for trucking services will rise by 30 percent, meaning an additional 600,000 tractor-trailers on the road.
This presents a great opportunity, for those in the hauling business, when they can take advantage of semi-truck financing to expand their reach.
Our extensive owner-operator truck financing solutions are designed for companies like yours.
Qualified truck company owners can access up to a $1 million trucking business loan in as few as two business days with our commercial truck loans to fund any business need, including:
- Purchasing new equipment or the trailers and tractors themselves
- Employing and training additional truck drivers
- Covering daily expenses like fuel and tolls
- Paying taxes and licensing fees
Here's How You Can Get Funded:
FAST AND SIMPLE
Most of our entrepreneur clients receive a pre-qualification from us within 24 hours of submitting the online application, and often receive the money in their business bank account within 3-4 days. The process for obtaining a traditional small business loan from a bank could take several months. Learn how our Small Business loan or Merchant Cash Advance application process works!
MINIMUM DOCUMENTATION AND NO COLLATERAL REQUIERED
We are not a bank, so we don’t require the same amount of documentation from merchants to provide retail financing. You don’t have to fill out 20+ documents and provide tax returns, financial statements, or physical collateral in order to obtain a business cash advance. We have a simple one-page application and only require 4 months of credit card processing statements and 3 months of bank statements.
YOUR PERSONAL CREDIT ISN'T A PROBLEM
We take many factors into consideration through our proprietary underwriting process, and we have funded thousands of merchants who have credit scores 550 and above. Business loans often require a higher minimum FICO or credit score. Read how you can qualify for our Merchant Cash Advance or Small Business loan.
PAY BACK WITH WHAT YOU MAKE
A merchant cash advance isn’t a traditional loan. The advance is paid back as a percentage of your credit card sales. When business picks up, you pay back more and when business slows, you pay back less. Simple, flexible, and eliminates the stress of paying back a loan. Learn more about our Business Cash Advances.
Trucking industry Choose United Fundings for Their Financing
Going through traditional lenders (banks) to get tractor-trailer financing can be a lot of work. We want our semi-truck loan process to be quick and easy. We help you determine the right transportation business financing solution that makes the most sense for your needs and obtain trucking business loans at excellent rates.
Benefits of Our Commercial Truck Financing:
With transportation financing solutions from United Fundings you’ll have access to the working capital you need to grow your trucking company.
So, what are you waiting for? Our application process is quick and easy. You don’t have to wait for hours at the bank and try to persuade their loan officer that you deserve their attention.
Apply for flexible semi-truck financing today.