The Pinch Points
Why Towing Operators Come to Us Instead of Their Bank
A towing company is a fleet business where the fleet is the whole business — every truck is call capacity, and call capacity is revenue, so the operators who grow are the ones who can keep adding trucks faster than their cash flow alone would allow. These are the spots where we get called.
The Truck Itself
A light-duty wrecker or flatbed runs $90K–$180K; a heavy wrecker can top $400K — the single biggest capital decision in the business, and the one that adds call capacity.
The Fleet-Expansion Math
Every additional truck is more calls you can run, but it's six figures out before the first tow it makes comes back as revenue.
The Motor-Club & Insurance AR
Motor-club, insurance, and rotation accounts pay net-30 or slower; an active company carries $30K–$120K in receivables on tows already completed.
The Equipment & Outfitting
Wheel-lifts, winches, dollies, and rotator gear outfit a truck for the calls it'll run — $15K–$50K per truck beyond the chassis.
The Storage & Impound Lot
An impound and storage lot is real estate and infrastructure carried against rotation and recovery revenue that arrives unevenly.
Adding Trucks or Buying an Operation
Expanding the fleet or acquiring another towing company's call volume and contracts is a $300K–$2M move that won't wait on a slow approval queue.
What an operator said
“We had the calls but not the trucks, and the bank wanted to treat every wrecker like a separate car loan. Financing the fleet as a fleet let us add three trucks in a year — and the AR line covered the wait on the motor-club checks. Best growth year we've had.”
M. Delgado · towing & recovery · Las Vegas, NV
Start Here
See Your Range in 60 Seconds
No credit check, no documents to start, and an estimated funding range on the spot. No one contacts you until you’re ready to move forward.
What Happens When You Start
Estimate Your Capital Range
Slide to your annual gross revenue. We size capital off your top line — not your credit score.
Estimated Capital Range
A conservative range based on 10-15% of annual revenue — many businesses qualify for more with strong receivables or assets behind them. Lenders return real term sheets once they see your file.
60 seconds · No obligation · Estimate only
Built for the Trade
What We Fund for Towing Companies
Finance the Trucks, Write Off the Iron
Wreckers and flatbeds generally qualify for §179 as heavy vehicles; finance the fleet with the trucks themselves as collateral and write off the equipment the year it's in service.
A Line Against Motor-Club & Insurance AR
A working line advances against net-30 motor-club, insurance, and rotation receivables, turning completed tows into cash now.
Working Capital for Outfitting & Operations
An unsecured, revenue-based working line covers truck outfitting, fuel, and the operations between account settlements.
Revenue-Based Fleet & Acquisition Capital
Add trucks, a storage lot, or acquire a towing operation's call volume on revenue-based, capital-stacked financing — not an SBA queue.
Match Your Situation
The Cash-Flow Gaps We Fund for Towing Companies
Match your situation to the structure. Every one of these funds on the company's revenue, not a perfect credit file.
| What It Looks Like | Funding Solution | Amount | Speed | |
|---|---|---|---|---|
| The truck itself | Wreckers and flatbeds — six-figure capital that adds call capacity | Equipment Financing | $90K–$400K+ | 3–5 days |
| Fleet-expansion math | Each added truck is six figures out before its first tow returns revenue | Equipment Financing | $90K–$400K+ | 3–5 days |
| Motor-club & insurance AR | Net-30-or-slower receivables on tows already completed | Invoice Factoring | $75K–$150K | 1–2 days |
| Truck outfitting | Wheel-lifts, winches, dollies, and rotator gear per truck | Working Capital | $75K–$150K | 1–3 days |
| Storage lot or acquisition | An impound/storage lot or acquiring another operation's call volume | Business LOC | $300K–$2M | 1–5 days |
The Products
How Towing Company Financing Is Structured
Most towing files fund between $75K and $5M+, structured around the fleet and the slow-pay accounts. Larger lines available when revenue, cash flow, and story qualify.
| Amount | Term | Best For | Funding Speed | Typical Structure | |
|---|---|---|---|---|---|
| Equipment Financing | $75K–$5M+ | 3yr–7yr | Wreckers, flatbeds, outfitting | 3–7 days | The trucks serve as collateral |
| Working Capital | $75K–$5M+ | 6mo–10yr | Outfitting, fuel, operations | 1–3 days | Often unsecured, revenue-based |
| Business LOC | $75K–$5M+ | Revolving | Ongoing fleet and lot draws | 1–5 days | Unsecured line, no PG by default |
| Invoice Factoring | $75K–$5M+ | Per invoice | Motor-club, insurance, rotation AR | 1–2 days | Invoices secure the line, no PG typically |
Tax Strategy
Section 179 on Tow Trucks — Worked
If last year was strong and you’re about to write a check to the IRS — stop. Acquire qualifying equipment with as little as 10% down, finance the rest, and write off the full purchase price in year one. Section 179 covers it up to the annual cap; 100% bonus depreciation — made permanent in 2025, with no cap and no income limit — carries the rest.
At the top bracket, that first-year deduction can return meaningful tax savings — and for an established business with strong cash flow, it’s the difference between writing a check to the IRS and putting the same money into your own equipment. Your CPA models the exact numbers for your bracket and structure.
Worked scenario · top bracket · illustrative
You financed the machine and put down a fraction of its price — but you deduct the full price in year one. The write-off is bigger than your down payment, and the equipment keeps working the whole time.
Scales with your numbers
Illustrative only. Actual savings depend on your tax bracket, entity type, state conformity, and CPA guidance. Section 179 and bonus depreciation are elections your CPA makes for your situation; above the Section 179 cap, 100% bonus depreciation carries the balance.
Terms reflect credit, revenue, time in business, and each lender. Every file is unique — see what the desk structures for yours in the 60-second qualifier.
Bobby’s Take
“A towing company is a fleet business where the fleet is the whole business — every truck is call capacity, and call capacity is revenue, so the operators who grow are the ones who can keep adding trucks faster than their cash flow alone would allow. The complication is the accounts: motor clubs, insurers, and rotation lists pay weeks after the tow, so your money's tied up in the truck and in the receivable at the same time. We fund both — the trucks, where §179 writes off roughly $87,320 on a $236K addition since heavy wreckers generally qualify as heavy vehicles for §179, though your CPA confirms the specifics, and a line against the slow-pay accounts. Add the truck, run the calls — every wrecker you put on the road is a tow you no longer have to turn down.”
Bobby Friel · Founder · 20+ years in banking and finance
How It Works
From Application to Funded
One application, 70+ lenders competing, a dedicated specialist, and most files funded in days.
60-second estimate
Enter your numbers — no credit check, no documents. You see an estimated funding range on the spot.
A specialist is assigned
A real funding specialist — not an algorithm — reviews your file, usually within 24 hours.
70+ lenders compete
Your application goes to the marketplace. Competing offers typically land 24–48 hours later.
You pick the offer
Compare structures and terms with your advisor. No obligation until you choose to sign.
Funded in days
From same-day working capital to a multi-piece stack, most files fund in days — not the bank’s 60–90.
Underwriting
What Underwriting Looks At
Funding here leads with what your business actually does — your revenue and cash flow. The specialist desk reads the real picture from your statements, then matches it to the lenders most likely to fund it.
How you’re evaluated
Revenue-first
sized off your top line, not just your balance sheet.
Cash-flow driven
your bank statements show how the business really runs.
Bank-statement underwriting
even a down year is read off 4 months of statements.
Story-driven
a big new contract, a seasonal swing, a turnaround in progress: context the raw numbers miss counts too.
What to have ready
↳Had a loss year? It’s read off the bank statements — 4 months, not 6.
Start fast, finish complete
The operators who fund quickest come to the specialist review with these ready — but you don’t need all of it to start. Your signed application and bank statements are what unblock the review; the rest can follow as trailing docs. Real term sheets come once the lenders can see a true business overview, so the move is simple: get the application and statements in right away, and don’t let a missing tax return hold up your term sheets.
Credit, straight
Qualification
Who Gets Funded — and Who’s Not Ready Yet
A straight read saves everyone time — here’s the line between a towing file that funds and one that isn’t ready yet.
↳Time in business is a factor, not a gate — newer crews with strong revenue still qualify.
Not ready yet isn’t a no — it’s a checklist. Most of it is fixable in a quarter or two, and your advisor will tell you straight which gaps to fix before a file goes in.
The Operator's Guide
Towing Company Financing
The Fleet Is the Whole Business
A towing company's capital is rolling down the road. Wreckers, flatbeds, and heavy wreckers cost as much as a house each, and every truck is call capacity — which is revenue — so growth means adding trucks faster than cash flow alone allows. Then the accounts complicate it: motor clubs, insurers, and police-rotation lists pay net-30 or slower, so your money's tied up in the truck and the receivable at the same time. Most banks treat each wrecker as a separate slow loan.
One Application, 70+ Lenders
We fund towing companies on the company's revenue — vehicle and equipment financing on the wreckers and flatbeds with §179 on the iron, a line that advances against motor-club, insurance, and rotation AR, and a working line for outfitting and operations. One application, 70+ lenders, soft-pull review. Add the truck, run the calls, and let the lenders compete for your business.
Common Questions
Towing Financing — Questions, Answered
Yes — wreckers and flatbeds generally qualify as heavy vehicles; finance the fleet with the trucks as collateral and §179 writes off the equipment the year it's in service.
Yes — a working line advances against net-30 motor-club, insurance, and rotation AR.
Yes — an unsecured, revenue-based line covers outfitting, fuel, and operations between settlements.
Signed application, four months bank statements, P&L, balance sheet, two years returns; losses → four months statements. Soft credit pull only — zero FICO impact to see your range.
Yes — the fleet and the call volume stacked revenue-based, not an SBA 7(a) loan.
Recommended Funding