Industry funding
Trucking & Logistics business funding
Funding for owner-operators and fleets: trucks, trailers, fuel, repairs and slow-paying freight invoices.
Written and reviewed by the BFG Funds Editorial Team · Updated October 15, 2026
Why trucking & logistics businesses need flexible funding
Trucking companies carry high fixed costs — fuel, insurance, maintenance and truck payments — while brokers and shippers often pay on 30 to 60 day terms. Pairing equipment financing for trucks with invoice factoring or a line of credit for operating costs is a common way to keep wheels turning.
Common challenges
- Freight invoices paid on 30–60 day terms
- Fuel and insurance costs that rise without notice
- Unexpected breakdowns and repairs
- Growing a fleet without draining cash
Funding options that fit trucking & logistics
Invoice Factoring
Turn unpaid B2B invoices into cash now instead of waiting 30, 60 or 90 days for customers to pay.
Up to 90% of invoice value · A few days to set up, then 24–48 hours per invoice
Learn moreEquipment Financing
Finance machinery, vehicles or tech using the equipment itself as collateral.
$20K – $2M · 2–5 business days
Learn moreBusiness Line of Credit
Draw only what you need, when you need it. Revolving capital that refills as you repay.
$10K – $500K · As fast as 24 hours
Learn moreWorking Capital
Cover payroll, inventory and seasonal gaps with fast, unsecured short-term funding.
$30K – $750K · 24–48 hours
Learn moreTrucking & Logistics funding FAQ
Can I finance a used truck?
Yes. Lenders finance used tractors and trailers; age, mileage and your time in business affect the down payment and rate.
Is freight factoring a good fit for small carriers?
Factoring is popular with small carriers because approval depends largely on the credit of the brokers and shippers you haul for.
Tell us about your business
A few details are all we need to start. A funding specialist will look at what your business needs and come back with the options that fit — usually the same business day. There's no obligation.
- Checking your options won't affect your credit
- You talk to one specialist, not a call center
- Many decisions come within 24 to 48 hours