Trucking financing
Get $5,000 to $10 million to cover fuel costs, driver payroll, truck repairs or fleet expansion, funded in as little as 24 hours.
- No collateral required
- Same-day decisions
- No hard credit pull
Simple, fast and clear.
- $5K–$10M
- Funding amounts
- 500+
- Minimum credit score
- Same day
- Decisions
- 24hours
- Fastest funding
Trucking financing options at a glance.
Brokers pay weeks after delivery, while fuel and repairs are due right away. The right option depends on whether you’re waiting on a broker, keeping trucks running or adding to the fleet.
Small Business Term Loans
- Best for
- Your own yard or shop, new authority costs or a large insurance renewal
- Repayment term
- 6 to 48 months
- Min. credit score
- 500+
Business Line of Credit
- Best for
- Fuel, tolls and driver pay between freight payments, drawn as you need it
- Repayment term
- Revolving: repay and draw again
- Min. credit score
- 500+
Equipment Financing
- Best for
- Tractors, trailers, reefers and lift gates, new or used
- Repayment term
- 2 to 5 years
- Min. credit score
- 500+
Invoice Financing
- Best for
- Up to 90% of each freight bill once you deliver, instead of waiting on the broker
- Repayment term
- Per freight bill, when the broker pays
- Min. credit score
- 500+
Working Capital
- Best for
- One lump sum for a slow stretch between contracts or a major engine repair
- Repayment term
- 3 to 24 months
- Min. credit score
- 500+
How trucking financing works.
In trucking, payment comes well after the work. The load is delivered and the freight bill goes out, then the broker or shipper pays in 30, 45 or 60 days. Fuel, driver pay, insurance and repairs come due long before that.
You apply online in minutes. Our team reviews your application and brings you the options that fit: invoice financing on your freight bills, a line of credit for fuel and repairs, or equipment financing for the next truck. We look at your revenue, deposits and time in business, not just your credit score.
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Financing against freight bills. Invoice financing, also called factoring, advances up to 90% of a freight bill once the load is delivered. The rest, less a fee, arrives when the broker pays. Your brokers’ credit counts as well as yours.
The truck as collateral. Equipment financing covers new and used tractors and trailers, with the equipment itself as collateral. Expect questions about the truck’s year, mileage and seller.
What it costs. Compare offers by the total you’ll repay in dollars. With factoring, also ask the fee on each invoice, whether you must factor every load, and whether there’s a monthly minimum.
See how we stack up.
| Traditional Bank | Typical Online Lender | ||
|---|---|---|---|
| Decision speed | Same-day | 2-8 weeks | 1-3 days |
| Credit check | Soft pull only | Hard inquiry | Often a hard pull |
| Min. credit score | 500+ | 680+ | Varies |
| How they decide | Revenue + 50 factors, human review | Tax returns, financials | Algorithm only |
| Who you work with | One dedicated advisor | Loan committee | Call center or portal |
| Collateral | None required | Often required | Sometimes |
| Funding range | $5K-$10M | $50K+ minimum | Varies |
| Apply NowApplying won’t affect your credit score. |
Trucking financing for every situation.
Waiting on brokers, adding a truck or getting one repaired: each has financing that fits it.
Fuel due before brokers pay
Your loads are delivered and the brokers pay on their own terms. Invoice financing turns those freight bills into cash for this week’s fuel and pay.
Adding a truck or trailer
If you’re turning down loads for lack of equipment, another truck adds revenue. Equipment financing pays for another tractor or trailer, paid off over its working life.
A truck in the shop. A line of credit or working capital covers the repair, so the truck is back in service sooner.
What trucking companies use financing for.
Fuel
Fuel stops and fuel cards covered between freight payments.
Driver payroll
Drivers paid every week, whatever your brokers’ payment terms.
Repairs and tires
Engine work, brakes and tires, so trucks are back in service sooner.
Fleet expansion
A tractor, reefer, flatbed or lift gate for freight you’ve had to turn down.
Unpaid freight bills
Cash for delivered loads without waiting a month or two for brokers to pay.
Insurance, permits and compliance
Insurance down payments, IFTA and IRP renewals, and the costs of a new authority.
All you need to qualify.
We look at more than your credit score, including your revenue history, deposit consistency and time in business, and for invoice financing, the brokers you haul for. A carrier with strong cash flow may qualify even with imperfect credit.
- No collateral
- No hard credit pull
- No upfront fees
- 500+
- Minimum credit score
- 6+months
- In business
- $150K+
- Yearly revenue
- 4months
- Of bank statements
Three steps to your funding.
- 1
Apply online
Fill in our short application in a few minutes. A few basics about your business and what you need, with no stack of paperwork to get started.
- 2
Get your options
Our team reviews your application and brings you the options that fit your business. We look at revenue, deposits and time in business, not only your credit score.
- 3
Receive your funds
Once you’re approved and the documents are signed, the funds can be in your business bank account in as little as 24 hours.
Frequently asked questions.
Is Noya Funding a lender?
Noya Funding is a business funding broker. We work with a wide network of lenders: our team reviews your application, matches you with the options that fit your business and stays with you through funding.
Does applying affect my credit score?
No. There’s no hard credit pull to apply, so applying won’t affect your credit score.
Brokers pay me in 30 to 60 days. What can I do in the meantime?
Invoice financing, also called factoring, advances up to 90% of each freight bill once the load is delivered, and the rest, less a fee, comes when the broker pays. A line of credit or working capital covers fuel and pay in between.
Can I get funding for fuel?
Yes. A line of credit or working capital goes toward fuel. Some owners use either one together with invoice financing, so the payment for each delivered load covers fuel for the next.
A truck is down for repairs. How quickly can financing help?
Same-day decisions once we have your papers, and funding in as little as 24 hours. A line of credit that’s already open is quicker still, since a draw is a transfer.
I have a new authority. Can I apply?
We look for 6+ months in business. Invoice financing relies on your brokers’ credit as much as yours, so it can suit a newer authority.
Which states do you work in?
Every state except Texas, Virginia, Connecticut and Missouri, where we can’t take requests yet.
Ready to get funded?
Apply online in minutes. No collateral, no hard credit pull and no obligation.