Keep Trucks on the Road
Used to pay for maintenance costs, keeping your fleet running smoothly.
How Commercial Trucking Business Loans Can Help You
Setting your business up to capitalize on the current demand for trucking may require financial resources. Trucking business loans can provide the necessary capital to maintain a fleet of trucks, hire drivers, and update logistics. Trucking loans offer solutions to keep businesses running smoothly and also help take them to the next level. Getting funds can be challenging, but with SpringFi, you can easily obtain trucking financing to drive your business forward.
Cover Administrative Costs
Pay registration and certification fees related to trucking laws while covering insurance.
Hire and Train Competent Drivers
Commercial truck loans allow you to hire more CDL drivers when demand goes up.
Add Trucks to Expand Your Business
Expand your fleet and take on more deliveries.
How to Apply
How do commercial trucking loans work? Applying for a commercial trucking industry loan has never been easier.
Apply
Submit your application securely in minutes.
Connect
We’ll discuss the right
financing option for you.
Fund
Receive financing and start
growing your business.
Why SpringFi
As a trucking business owner, you know that securing commercial truck financing for purchases for purchases or logistics software isn’t always easy. Many traditional lenders tend to shy away from providing funds to the trucking industry. At SpringFi, we’re committed to helping truckers and fleet managers get the most out of their business. We won’t make you wait weeks to learn if you’ve been approved or not. In fact, we make getting started simple with an online application.
Commercial Trucking Business Resources
An Commercial Trucking business loan is an investment in the growth of your company — but securing financing is only a fraction of what it takes to manage your finances. We’ve put together a list of resources to give you the whole story on loans, taxes, and managing the financial health of your company.
Quick solution with minimal documentation.
They are based off of your business cash flow without the needs of any asserts or collateral. having a low credit score or tax susses is not a deal breaker.
What Clients Say About Us
Frequently asked questions
If you have a query regarding a loan then we are here to your help you can arise your query also.
There are no restrictions on the usage of your funds. Once you’ve received funding, you can use it as you see fit.
The first step to receiving funding is filling out our online application. Once filled out, we’ll get in touch with you to discuss your financing options. Depending on your business needs, you may be eligible to receive funding with the documentation provided in your application. In the case a financing option requires additional documentation, we’ll let you know. Once you’re approved, you can expect financing in as little as 24-48 hours.
Bad credit isn’t normally a deal breaker. Your financing options are based on business cash flow. If your business receives over $5,000 in gross deposits, we encourage you to apply.
Once your application and bank statements are submitted, it only takes 4-10 hours to receive a decision from underwriting. If you accept the offer, we can have the funds in your account in as little as 24 hours.
We can typically finance anywhere from 100% to 200% of your average monthly gross deposits.
Once approved, you’ll receive funding in a few hours. Normally we can fund within 24 hours of receiving the application and banking statements.
There are no penalties for early payment. In some cases, we offer discounts for paying your loan off early.
Yes, we can consolidate existing loans into one note. And we can also fund advances while having existing ones without paying them off. There are options.
Fill out our online application or contact us directly, and one of our representatives will be happy to assist you. Feel free to call us at (347) -778-5195