- 00:41 Contact your Preferred Lender
- 01:07 Gather all information on your Trucks
- 01:19 Are you Ready? Apply
- 01:27 Close.
For the Video only Page, go to the Trucking Company Loan Page
Complete the Start button above
or Call us at 919-771-4177
How to get a loan for a Trucking or transportation company
Get funding for a Trucking or transportation company.
Is your Fleet Trucking company dealing with high Fuel Prices, Insurance, Repairs, and Parts that keep going up?
Will Sanio SmallBusinessLoansDepot.com
We work with Trucking and Transportation companies including owners with low credit scores,
as well as past problems
Such as defaults, legal problems and owners with a background history.
We also have options for newer businesses with less than
A full 3 months bank statements and under $10,000 per month in deposits.
Step 1:
Contact your preferred lender.
Call your chosen lender and discuss the options so you can make sure you will prequalify.
If your business has Freightliner, Peterbilt, Kenworth, International Navastar, Volvo and western trucks, ford f-series, Dodge, dually, semi-truck, delivery, box and cargo vans, dump trucks, Mack trucks, and many more, you will have choices. Specialty Options for tow trucks and bucket trucks and others.
We can help all transportation companies. Not just over the road truckers. We can work with owners with low credit scores As well as past problems such as defaults, legal problems, and owners with a background history.
Step 2:
Gather all information on your trucks.
Get the last 4 months statements for your company and information on your trucks. Most States only require the most recent 3 months business checking account statements. New York, California, Utah, Virginia require 4 months. Getting a current month to date statement can make any offers more solid and can increase the offer amount if your Business has had good sales in the current month.
Repayment options range from 2 months to 36 months, depending on your situation.
Step 3:
Apply
TIP: Call in and ask any questions you may have and try to prequalify. This can often avoid a Decline. Find out about amounts, Terms and closing requirements.
Transfers into the business account may not count, such as transfers from Savings accounts.
Step 4:
Close.
If approved, request contracts. Get your identification such as driver’s license and voided check that may be needed for the Closing documents.
Review the contracts as closely as possible. Often there are important conditions or restrictions that were Not discussed during the processing.
Proof of ownership may be required.
FAQ:
How much can we get?
The amount depends mostly on your sales or how much in assets your company has.
What if I had defaults or a problem in my background?
We have helped people with past slow or missed payment, default and
a misdemeanor or felony in their background.
Will I be declined for being a transportation or trucking company?
No, we have funding programs that include transportation and trucking.
Will my app be declined for overdrafts and NSF’s?
We can work with up to 5-7 overdrafts or NSF’s per month in many cases.
How much can I get?
1 or more trucks is all that is needed.3 or more trucks can qualify you for high approval amounts.
Qualify for even more if your trucks are Free and clear and
The highest amount when your trucks are 2018 and newer.
Excellent programs are available for financing new and
Used Trucks with low down payments in many cases.
We options for low credit scores, even in the 400s
Recently discharged and dismissed bankruptcies
Citizenship issues, programs for Green card holders,
Permanent residents.
Soft credit pulls
We have options for:
Funding 2017 & NEWER Trucks & Trailers
Up to $74,000 Funded
Up to 80% LTV
2017 or Newer Tractors, Trailers, Reefers
Up to 60-Month Terms
Same Day Approvals
No Minimum FICO
No Tax Returns
1-day Out of BK is OK!
1-Day CDL is OK!
Non-CDL Investors are OK!
Think you may fall short?
Additional Collateral Considered To get you over the hump
And approved.
Get a Trucking company loan today!
Apply at SmallBusinessLoansDepot.com
Or Call: 919-771-4177
How To Get a Trucking or Transportation Company Loan (Video Transcript: Click to Expand)
01:07 Gather all information on your Trucks
01:19 Are you Ready? Apply
01:27 Close
Do you Drive a Truck and Fuel Prices, Insurance, Repairs, and Parts keep going up, and up!Will Sanio SmallBusinessLoansDepot.comWe work with Transportation companies including owners with low credit scores, as well as past problems
Such as defaults, legal problems and owners with a background history.We also have options for newer businesses with less than
A full 3 months bank statements and under $10,000 per month in deposits.Step 1: Contact usYou will find what you need here.We can help all Transportation companies, not just over the road
Heavy haul truckers. If your business uses Ford F-Series, Dodge, Dually,
Semi Truck, Delivery, Box and Cargo Vans, Dump Trucks and many more,
you may qualify!Step 2: Get your cash flow information, such as your last
4 months business checking account statements, and information on your Trucks.Repayment options range from 2 months to 36 months, depending on your situation.Step 3: ApplyTIP: Calling in and asking any questions you may have and trying to pre-qualify
Can often avoid a decline.Step 4: Close. If approved, request contracts. Get your identification
Such as Driver’s license and a voided check that may be needed for the
Closing documents.Review the contracts as closely as possible. Often there are
Important conditions or restrictions that were not discussed
During the processing.