Maintain Your Truck
Keep the truck aspect of your business in top shape so it stays running smoothly.
How Food Truck Business Loans Can Help You
Compared to other methods, food trucks offer a relatively low-cost option to break into the restaurant industry. When your business is on wheels, however, you encounter issues that other food service companies do not. Food truck business loans can help you pay for sudden costs or expansion opportunities as they arise.
Cover Unexpected Expenses
Pay for unexpected repair bills for your truck or the kitchen equipment inside.
Expand Your Business
Purchase a second truck to cover a larger service area or to reserve space at popular locations.
Administrative Duties
Invest in payroll or ordering software to streamline business procedures.
How to Apply
How do small business loans for food trucks work? Applying for food truck financing 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
Owning a restaurant on wheels makes serving a large number of customers easier than ever. However, the uncertainties of running a food truck can cause traditional lenders to reject loan applications. The Funding Specialists at SpringFi understand how frustrating a loan rejection can be to a business owner. We’ll work with you to create food truck business financing options tailored to your needs.
Food Truck Business Resources
An Food Truck 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