Six products · One set of published criteria
Six ways to fund a motor carrier. Here is which one you’re on.
Most funding sites make you guess which product fits. In trucking the answer is usually determined by two facts you already know: how many power units you run, and how long you have held your own authority.
If you run 3 or more units with 24+ months of authority, you are on Track 1 and every product below is open to you. If you don’t, you are on invoice factoring — which is not a consolation prize. It is the product most carriers your size should be on anyway, because the problem isn’t a capital shortfall, it’s a broker paying in 45 days.
Side by side
Every product, every threshold, in one table.
Nothing in this table is behind a form. These are the numbers underwriting actually reads.
| Product | Amount | Speed | Min. authority | Min. units | Min. monthly deposits | Collateral | Best for |
|---|---|---|---|---|---|---|---|
| Invoice Factoring | 90–97% of invoice | Same day | None | 1 | None | The invoice | Any carrier with delivered loads |
| Working Capital | $75K–$750K | 24 hours | 24 months | 3 | $60,000 | None | Repairs, insurance, payroll gaps |
| Equipment Financing | $40K–$500K/unit | 24–72 hours | 12 months | 1 | $35,000 | The unit | Tractors, trailers, reefer units |
| Line of Credit | $50K–$500K | 24–48 hours | 24 months | 3 | $60,000 | None | Recurring fuel and repair draws |
| Term Loan | $100K–$2M | 5–10 days | 24 months | 5 | $100,000 | Varies | Acquisitions, terminal buildout |
| SBA Loan | Up to $5M | 30–90 days | 24 months | 3 | $60,000 | Required | Real estate, large equipment, refi |
Note the deliberate exception. Equipment financing carries a lower authority bar (12 months) and a lower unit count (1), because it is secured by a titled asset we can recover. That is an honest structural difference, and it keeps a real path open for the single-truck operator who wants a second truck.
The decision tree
Four questions, in order.
- You have delivered loads and brokers owe you money. → Invoice Factoring. Any size, any age of authority.
- You run 3+ units, 24+ months, and need cash for something that is not a truck. → Working Capital if it is one lump; Line of Credit if it recurs.
- You are buying a truck, trailer, or reefer unit. → Equipment Financing. Lower bar, because the unit secures it.
- You are buying a yard, a shop, or another carrier. → SBA or Term, through our bank and SBA partners. Slower, cheaper, more paperwork.
- You run 1–2 units and want working capital. Factoring first. Build six months of invoice history with us, add the third truck on equipment financing, and you are a Track 1 file.
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.
The six
Pick the page that matches your file.
Invoice Factoring
90–97% advance, same day. Fuel advances up to 50% at pickup. Month to month, no termination fee.
1.5%–3.5% · no TIB minimumHow factoring works → 12-month barEquipment Financing
Tractors, trailers, reefer units, APUs. Private party and auction accepted. We fund the seller directly.
$40K–$500K/unit · 24–72 moFinance a unit →Working Capital
Unsecured. No lien on your trucks, no blanket UCC. Six months of statements and your MC number.
$75K–$750K · 24 hoursApply for working capital →Line of Credit
Revolving. Draw for fuel, repairs, and insurance renewals. An undrawn line costs you nothing.
$50K–$500K · draw in 24hOpen a line →Term Loans
Fixed payment, fixed end date. For acquisitions, terminal buildout, and consolidating advances.
$100K–$2M · 12–60 moPrice a term loan →SBA Loans
The cheapest money a carrier can get, and the slowest. Arranged through our SBA lending partners.
Up to $5M · 30–90 daysStart an SBA file →Three questions and you know your track.
Power units, months of authority, average monthly deposits. That is the whole screen.
Find your track → Both tracks run through the same application. The first three questions sort you.