Semi-Truck and Truck Financing
We are the premier lending firm that provides truck financing for companies in Miami, Florida. Lots of trucking firms have a hard time accessing the much-needed financing options from lending institutions. Our goal has always been to advance competitive loan facilities to these trucking companies to enable them to manage their cash flows properly.
The trucking business is a capital intensive venture with high and low months when business and the resultant cash flows fluctuate widely. The loans for truckers cover a number of costs such as covering the numerous tolls, hiring new drivers, expanding your existing fleet and general maintenance costs.
-Types of trucking Loans
When it comes to accessing the much-needed trucking loan, you simply need to think through four things. That is a business history, credit history, repayment period, and cash-flow. First, we can advance you a small secured business loan with repayment terms that can last for a couple of years.
We can also advance to you a merchant cash advance which is mainly needed for financial emergencies. Though the fees can run high, it is still the best option when you need the money immediately. Lastly, you can get a working capital loan that can help you meet the day-to-day expenses in the short run.
-How to qualify for our trucking business loan
First make sure your insurance is adequate and updated for all the trucks, employees, and inventory. Secondly, you’ll need to be able to demonstrate your ability to repay the loan facility by having the monthly revenue minimums. It’s also vital that your business has been operating for a while because we do not offer loans for opening businesses, only to the existing businesses.
-The equipment we finance
The reason why you should secure a loan from us is that we provide business loans for trucking companies covering a broad range of equipment. These include heavy-duty tractor and trailers, medium-duty commercial trucks, box trucks, and tow trucks, dump trucks, the PTO & blowers which are free of any liens, as well as all sizes and types of trucks. We extend the trucking loans to owner-operators, existing freight transport companies as well as private parties and vendor/dealer deals. Even if your trucking business doesn’t fall under any of these categories, we can still evaluate it and advise you on your loan legibility.
-We are industry leaders
So far we have extended over $150 Million in Loans in all fifty states with an Approval Rate of 92%. If you seek a trucking loan facility from us, you’ll be joining a long list of satisfied clients in the industry who have used our services to sustain their trucking business.
USA and Canada
Financials (USD)
Maximum Amount Not Disclosed
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