Asset-based motor carriers only
Who we fund, and the criteria that change by segment.
We fund asset-based motor carriers. If you own or lease the power units and you move the freight, you are in scope. If you broker it and never touch it, you are not — and we would rather say that here than on your tenth phone call.
By segment
Nine segments, three of the thresholds, one table.
Power-unit minimums differ by authority type. Everything else is the same across segments.
| Segment | Min. power units | Typical gross / truck / yr | Notes |
|---|---|---|---|
| Dry van | 3 | $200,000–$280,000 | Highest closure rate in the downturn. Spot $2.26/mi, +35% YoY. |
| Refrigerated | 2 | $260,000–$350,000 | Specialized authority; 2-unit minimum. Spot $2.75/mi, +33% YoY. |
| Flatbed / step deck | 2 | $240,000–$330,000 | Specialized; 2-unit minimum. Spot $2.65/mi, +29% YoY. |
| Tanker / hazmat | 2 | $280,000–$400,000 | Lowest failure rate of any segment. Endorsements verified. |
| Car haul | 2 | $250,000–$360,000 | High cargo values; COI limits checked closely. |
| Intermodal / drayage | 3 | $180,000–$260,000 | Port and rail credentials verified (TWIC, UIIA). |
| Hotshot / Class 3–5 | 3 | $90,000–$160,000 | Lower per-unit revenue; the $60,000/mo deposit floor still applies. |
| Box truck / final mile | 3 | $90,000–$150,000 | Same. Amazon DSP and similar contracts count as deposits. |
| Household goods | 3 | $200,000–$300,000 | Seasonal; we average deposits across 6 months for this reason. |
Revenue bands are typical owner-operator and small-fleet gross per power unit per year. Spot rates: DAT via Trucking Dive, week beginning 4 October 2026. Last verified 21 October 2026.
Why specialized authority gets a 2-unit minimum
Specialized carriers — tanker, hazmat, reefer, flatbed, car haul — have the lowest failure rates in the industry. The barrier to entry (endorsements, equipment, insurance) that keeps their competition out is the same barrier that makes them durable. A 2-truck tanker operation is a materially better credit than a 5-truck dry van operation, and our criteria say so.
Out of scope
Who we do not fund.
- Freight brokers and 3PLs with no owned or leased power units.
- Carriers under an active FMCSA out-of-service order. No product, no exceptions, until it is lifted.
- Carriers whose only receivables are from a related-party shipper. There is no independent credit to underwrite.
- Carriers with an open involuntary bankruptcy. Come back when it is resolved.
- Driver-staffing agencies that place drivers but hold no authority.
Published criteria · Last updated October 2026
Eligibility criteria
These are our actual approval thresholds, not a marketing range. If your file clears them, we fund. If it doesn’t, the table below already told you which product you’re on.
| Power units | 3 or more tractors or straight trucks in active service. 2 accepted for reefer, flatbed, tanker, hazmat, and other specialized authority. |
|---|---|
| Operating authority | MC/DOT active and in “authorized for-hire” status for 24 or more continuous months. No revocation in the last 24 months. We verify this in FMCSA SAFER before we call you. |
| Monthly revenue | $60,000 or more in average monthly business bank deposits across the last 6 months. |
| Amount | $75,000 minimum. $750,000 maximum in-house. Up to $5,000,000 through our bank and SBA lending partners. |
| Credit | No minimum FICO. We do not decline on personal credit score alone. We read bank statements, not credit reports. |
| Safety | No “Unsatisfactory” FMCSA safety rating. New-entrant safety audit completed and closed. |
| Documents | 6 months of business bank statements. No tax returns required under $250,000. No business plan. No collateral on working capital. |
| Decision | Same business day. Funds in 24 hours. |
| Early payoff | Up to a 30% discount on the remaining balance. |
| Contract | Two pages. |
| Power units | 1 or more. Owner-operators accepted. |
|---|---|
| Operating authority | Active MC/DOT. No minimum age. Day-one authority accepted. |
| Monthly revenue | No minimum. No monthly volume commitment. |
| Credit | No minimum FICO. No personal credit check. We underwrite the broker or shipper who owes the invoice, not you. |
| Advance | 90% to 97% of the invoice, paid same day on loads delivered and documented by 1:00 PM ET. |
| Rate | 1.5% to 3.5%, set by monthly volume and recourse terms. |
| Fuel advance | Up to 50% of the linehaul at pickup, once the load is covered. |
| Contract | Month to month. No long-term contract, no termination fee, no monthly minimum. |
Not eligible for any product
- Freight brokers and 3PLs with no owned or leased power units
- Carriers under an active FMCSA out-of-service order
- Carriers whose only receivables are from a related-party shipper
- Carriers with an open involuntary bankruptcy
Why the 24-month rule exists
Motor carriers with fewer than two years under their own authority have an average three-year failure rate of 85% (FreightWaves, August 2026, citing Mitsubishi HC Capital America).
Under 49 CFR Part 385, a new carrier is also inside an 18-month FMCSA new-entrant monitoring window and must pass a safety audit in its first 12 months — authority can be revoked by a regulator for reasons that have nothing to do with the bank account.
We will not write an unsecured advance against that. We will factor your invoices from day one, because factoring is secured by the broker’s credit, not yours.
Three questions sort any segment.
Power units, months of authority, average monthly deposits.
See what your segment qualifies for → Specialized authority — reefer, flatbed, tanker, hazmat, car haul — qualifies at 2 units.