Broker owed us $180K in outstanding invoices. Fuel bill was due Friday. Basecamp Funding funded us $120K in 24 hours — no factoring, no giving up our margin. We kept every cent of our freight revenue.
— Marcus D. . OTR Fleet . 8 Trucks . Memphis, TN
Real Results
We've Funded Trucking Companies Like Yours
The First Truck
An owner-operator in Dallas was leasing a truck at $2,800/month with nothing to show for it. We matched him with an equipment lender — financed a 2022 Freightliner Cascadia for $95K at 8% over 5 years. Payment: $1,926/month. He went from renting to owning, saving $874/month AND building equity in the truck.
$95K financed → $874/month savings → owns the asset
The Fleet Expansion
A 6-truck fleet owner in Memphis landed a dedicated contract with a regional distributor — but needed 4 more trucks to service it. Banks wanted 25% down on $400K in trucks ($100K cash he didn't have). Equipment financing with 10% down: $40K out of pocket. Contract revenue: $65K/month. Trucks paid for themselves in 7 months.
4 trucks financed → $40K down → $65K/month new revenue
The Fuel & Maintenance Crunch
A hotshot carrier in Oklahoma ran 8 trucks and hit a brutal month — $22K in fuel, $15K in unexpected repairs (two blown turbos), and a tire blowout that damaged a trailer. Needed $45K fast. Working capital funded in 24 hours. He didn't miss a single load.
$45K funded → 24 hours → zero loads missed
The Broker Payment Delay
A flatbed carrier in Houston delivered 47 loads in January. Brokers pay net-45. That's $190K in receivables sitting in limbo while fuel, insurance, and driver pay are due NOW. Invoice factoring: 90% advance on each invoice within 24 hours. Cash flow problem solved permanently.
$190K in receivables → cash in 24 hours → permanent solution
The Authority Startup
A driver with 8 years of experience got his own authority and needed everything: a truck ($85K), insurance deposits ($12K), ELD system ($3K), and 60 days of operating capital ($25K) before the first load paid. Total startup package: $125K funded across equipment financing and working capital.
$125K total startup → authority active → first load within 3 weeks
The Seasonal Freight Dip
A reefer carrier in Wisconsin does 60% of revenue hauling produce April through October. November through March, loads dry up but truck payments, insurance, and driver pay don't stop. A $60K line of credit opened in September bridges the gap every winter. Draw in November, repay by May.
$60K LOC → winter survival → crew retained
Industry Data
The Numbers That Matter
The average broker payment cycle is 37 days — fuel is due today
— TriumphPay Freight Index
Trucking companies pay an average of $9,000 per truck per year in maintenance costs alone
— American Transportation Research Institute
73% of
owner-operators report cash flow gaps as their biggest operational challenge
— Owner-Operator Independent Drivers Association
See What You Qualify For
Find Out What You Qualify For in 60 Seconds
Slide the calculator to see your estimated approval range. Then answer 3 quick questions to lock it in. No documents needed. No credit impact.
See What You Could Qualify For
Slide to your average monthly bank deposits.
Estimated Approval Range
Based on 100-150% of monthly revenue
No hard credit pull · No obligation · Estimate only
Your Application Gets Matched Across 70+ Lending Partners Including
Multiple lenders compete for your business — you pick the best offer
If your bank doesn’t understand freight cycles, equipment depreciation, or why your best month is followed by your worst — they’re not the right lender for a trucking company.
— Bobby Friel, Basecamp Funding - Founder
Real Challenges
The Real Challenges Trucking Companies Face (And How Funding Solves Each One)
| Challenge | What It Looks Like | What It Costs You | Funding Solution | Typical Amount | Speed |
|---|---|---|---|---|---|
| Truck acquisition | New Class 8: $150K–$180K. Used: $60K–$120K. Leasing bleeds cash with no equity | Stuck leasing forever OR cash-strapped after buying outright | Equipment financing (truck is collateral) | $40K–$500K | 3–5 days |
| Fleet expansion | Won a contract but don't have enough trucks to service it | Turn down the contract. Competitor takes it. | Equipment financing, low down payment | $100K–$2M | 3–7 days |
| Fuel cost volatility | Diesel swings from $3.50 to $5.50/gallon. A 10-truck fleet burns $15K–$25K/month in fuel alone | One bad month wipes out your operating reserve | Working capital or LOC | $25K–$150K | Same day–3 days |
| Broker payment delays | Loads delivered, brokers pay net-30 to net-90. You've already paid fuel, tolls, and drivers | Cash crunch between delivering and getting paid | Invoice factoring (get 90% in 24 hours) | $25K–$500K | Same day |
| Maintenance emergencies | Engine rebuild $15K–$25K. Transmission $8K–$12K. DOT violation repairs: immediate | Truck sits. No truck = no revenue. | Working capital (emergency) | $10K–$50K | Same day |
| Insurance costs | $12K–$25K per truck per year. New authority: $25K–$40K first year | Can't operate without it, huge upfront cost | Premium financing or working capital | $10K–$100K | 1–3 days |
| Seasonal freight dips | Reefer and produce hauls drop 40–60% in winter. Flatbed slows in northern states | Fixed costs continue, revenue doesn't | Line of credit (pre-approved) | $50K–$200K | Pre-approved, draw as needed |
Found your scenario? See what you qualify for — 60 seconds, no credit pull.
Every week without funding in place is a week you're exposed. The next equipment failure, the next cash flow gap, the next opportunity you can't move fast enough on — you want capital ready before you need it. Pre-qualifying takes 60 seconds and doesn't affect your credit.
Check My OptionsNo hard credit pull · No obligation · 60 seconds
My factoring company was eating 4% of every load. Basecamp got me a $100K line of credit in 3 days. I'm saving $3,000 a month.
Why Us
Why Trucking Companies Choose Us Over Banks
We built our process around the way trucking companies actually operate — not the way banks wish you did.
We Understand Net-45 Freight
Banks don't account for the 30-60 day gap between delivery and broker payment. Our lenders factor freight cycles into underwriting and fund around them.
Owner-Operators Are Welcome Here
Banks want fleets with 20+ trucks. Our lenders fund single-truck owner-operators every day. If your MC is active and deposits are consistent, you qualify.
We Don't Take a Cut of Your Freight
Factoring companies charge 2-5% per invoice, costing you tens of thousands a year. Our lenders provide fixed repayment terms so 100% of your freight stays yours.
Breakdowns Don't Wait for Bank Approval
A $25K engine rebuild on a Tuesday can't wait 6 weeks for a bank. Our lenders fund emergency repairs fast enough to get your truck back on the road.
Spot Market Dips Don't Scare Us
Freight rates fluctuate weekly. Banks see volatile revenue and decline. Our lenders understand spot vs. contract rates and approve through market cycles.
Insurance Renewals Won't Park Your Trucks
Trucking insurance premiums can hit $15K+ per truck per year, due in full. Our lenders fund insurance costs so your authority stays active and trucks keep moving.
Free Tool
What Can Your Trucking Company Qualify For?
Enter your monthly revenue, time in business, and industry to see your estimated approval range and recommended products. No credit pull.
Avoid These
What Most Trucking Companies Get Wrong About Funding
They lease when they should own
See the math above. Leasing is renting. A $2,800/month lease over 5 years costs $168K and you own nothing. Finance at $1,926/month, pay $115K, and you have a truck worth $40K-$60K on your balance sheet.
They wait until a truck breaks down to look for funding
Emergency funding costs more. A line of credit opened when things are good saves you thousands when things go wrong. Pre-approved credit means same-day access when the transmission goes.
They think factoring is too expensive — or too cheap
A 3% factoring fee on a $4,200 load is $126. Waiting 45 days for the broker to pay while your fuel card is maxed costs you missed loads worth $10K+. But factoring forever at 3-5% per load on $80K/month costs $30K-$50K/year. Graduate to a LOC when you can.
They grow too fast without funding in place
Landing a dedicated contract is great — until you realize you need 4 trucks you don't have. Get the financing in place BEFORE you bid on big contracts. Scrambling after you've committed costs more.
They use MCAs for everything
A same-day MCA at 1.4 factor rate costs $40K on a $100K advance. A 3-day working capital loan costs $15K for the same amount. Three days of patience saves $25K.
Engine blew on I-40. Had $22K wired to the shop by the next afternoon. Try getting that from a bank.
The Difference
Why Trucking Companies Choose Basecamp Over Their Bank
| Your Bank | Basecamp Funding | |
|---|---|---|
| Understands per-mile revenue? | "We need tax returns" | Yes — our lenders evaluate load boards, rate cons, and settlement sheets |
| Understands seasonal freight? | "Come back when revenue is consistent" | Revenue-based approval accounts for seasonal patterns |
| Finances used trucks? | Maybe, if it's under 3 years old | Up to 10 years old with the right lender |
| Offers invoice factoring? | No | Yes — same-day advances on delivered loads |
| Speed to funded | 2–6 weeks | As fast as same day |
| Credit pull | Hard pull | Soft pull (no impact) |
| If they say no | You're stuck | 69 other lenders still competing |
Funding by Operation Size
How We Fund Trucking Companies at Every Stage
🚛Solo Owner-Operator / 1-3 Trucks
Common Needs
Working capital, equipment financing
24-48 hours
James, owner-operator out of Memphis — needed $28K for an engine rebuild on his Freightliner. Bank said no because he'd only been in business 8 months. Approved in 6 hours, funded next morning. Back on the road in 4 days.
🚚Small Fleet / 4-15 Trucks
Common Needs
Line of credit, equipment financing, working capital
24-72 hours
Martinez Freight, 9-truck operation in Dallas — $220K equipment line for 3 additional Kenworths. Their factor rate through the dealer was 12%. We got them 7.8% through our network. Saved $31K over the life of the loans.
💎Mid-Size Fleet & Freight Company / 15-100+ Trucks
Common Needs
Term loans, SBA loans, large equipment financing, acquisition financing
1-2 weeks for complex financing
Heartland Carriers, 42 trucks — $3.1M fleet expansion. 12 new Peterbilt 579s with APUs and full telematics. Traditional lender wanted 30% down. Funded with 10% down through our commercial equipment network in 16 days.
Funding Built for Your Stage of Growth
Whether you're an owner-operator or running a 50-truck fleet, we match you with the right product and amount.
Growing Businesses
$10K – $1M
Revenue-based funding for working capital, equipment, and growth. Most fund in 1–3 days.
See What You Qualify For →Established Businesses
$1M – $5M
Structured financing with capital stacking. Dedicated commercial specialist. Multiple lenders optimized for your transaction.
Talk to a Commercial Specialist →Commercial & Complex
$5M – $10M+
Complex transactions. Multi-lender capital stacks. Acquisitions, commercial real estate, fleet buildouts. Dedicated commercial team.
Request a Financing Review →Pricing Transparency
What Trucking Funding Actually Costs
Most lenders hide the real cost behind jargon. Here's what businesses actually pay.
| Product | Typical Amount | Term | Cost Range | Speed to Fund | Best For |
|---|---|---|---|---|---|
| Working Capital | $10K-$500K | 3-18 months | 1.1-1.4 factor rate | 1-3 days | Fuel, repairs, driver pay |
| Equipment Financing | $25K-$5M | 6 mo - 10 yrs | 5-16% APR | 3-10 days | Trucks, trailers, engines |
| Business Line of Credit | $10K-$5M | Revolving | 8-24% APR | 1-5 days | Fuel, maintenance, insurance |
| SBA Loan | $50K-$5M | 5-25 years | 6-10% APR | 30-60 days | Terminal purchase, large fleet |
| Invoice/Freight Factoring | $10K-$5M | Per invoice | 1-5% per invoice | 1-2 days | Slow broker payments |
| Term Loan | $50K-$2M | 6 mo - 10 yrs | 7-25% APR | 2-7 days | Fleet expansion, acquisitions |
Rates and terms vary by credit profile, revenue, and time in business. These are typical ranges for trucking companies in our network.
Real Numbers
What Trucking Funding Actually Costs
| Scenario | Product | Amount | Rate | Term | Monthly Payment | Total Cost | Net Cost After §179 |
|---|---|---|---|---|---|---|---|
| Used Freightliner Cascadia | Equipment financing | $95,000 | 8% APR | 5 years | $1,926 | $115,560 | N/A |
| 4-truck fleet expansion | Equipment financing | $360,000 | 9% APR | 5 years | $7,466 | $447,960 | N/A |
| Fuel & maintenance bridge | Working capital | $45,000 | 16% APR | 12 months | $4,076 | $48,912 | N/A |
| Broker payment factoring | Invoice factoring | $190K/mo factored | 3% per invoice | Ongoing | Fee: $5,700/mo | Cash in 24hrs | N/A |
| New authority startup | Equipment + working capital | $125,000 | 10% blended | 4 years | $3,171 | $152,208 | N/A |
| Winter bridge LOC | Line of credit | $60,000 drawn | 13% APR | 5 months | Interest: $650/mo | ~$3,250/season | N/A |
These are real numbers from real funding scenarios in our network. Your rate depends on your credit profile, revenue, and time in business. But this is what it actually looks like — no hidden fees, no surprises.
The Math
The Real Cost of Leasing vs. Owning Your Truck
Every trucking company faces this decision. Here's the math most lease companies don't want you to see.
| Leasing | Financing to Own | |
|---|---|---|
| Monthly payment (Class 8) | $2,500–$3,500 | $1,800–$2,500 |
| After 5 years you've paid | $150K–$210K | $108K–$150K |
| After 5 years you own | Nothing. Return the truck. | A truck worth $40K–$60K |
| Maintenance responsibility | Depends on lease type | You (but you control quality) |
| Mileage restrictions | Yes (penalties for overage) | No limits |
| Equity built | $0 | $40K–$60K asset on your balance sheet |
| Tax deduction | Lease payments deductible | Section 179: deduct full purchase price year 1 |
Bobby's take: Lease companies love repeat customers because you're paying more and owning nothing. Finance the truck. In 5 years you have a $50K asset on your balance sheet instead of a receipt.
How It Works
Invoice Factoring for Trucking: How It Actually Works
If brokers pay you net-30 to net-90 but your expenses are due weekly, factoring bridges that gap permanently.
You deliver a load and submit the invoice ($4,200)
Factoring company advances 90% within 24 hours ($3,780)
Broker pays the factoring company on their normal terms
Factoring company releases the remaining 10% minus their fee (typically 2–5%)
You got paid in 24 hours instead of 45 days
Your factoring line grows with your business. Factor $50K/month today, $200K/month next year. No reapplication needed.
Recourse vs. non-recourse: Recourse means if the broker doesn't pay, you owe the money back. Non-recourse means the factoring company takes the loss. Non-recourse costs more but protects you from deadbeat brokers.
How It Works
From Application to Funded in 5 Steps
No paperwork avalanche. No bank lobby. No guessing.
60-Second Application
Answer a few quick questions about your business. No documents needed yet.
Soft Credit Check
We check your options with zero impact on your FICO. Your score stays untouched.
Lenders Compete Behind the Scenes
Your profile is matched to 70+ lending partners. They compete - you never hear from them directly.
One Specialist, Multiple Offers
Your funding specialist presents your best options. No spam calls. No runaround.
Pick Your Offer & Get Funded
Choose the rate and terms that fit. Sign digitally. Funds hit your account - same day available.
Use Your Capital For
How Trucking Companies Use Basecamp Funding
Truck & Trailer Purchase
Semis, reefers, flatbeds, box trucks, trailers. Finance your next unit without a massive down payment.
Fuel & Operating Costs
Diesel, DEF, tolls, permits, lumper fees. Bridge the gap between delivery and payment.
Fleet Expansion
Add trucks, hire drivers, take on bigger contracts. Scale without draining your reserves.
Maintenance & Repairs
Engine rebuilds, tires, DOT inspections, breakdowns. Keep your trucks on the road, not in the shop.
Insurance & Permits
Liability, cargo, physical damage, MC authority, IFTA. Cover the costs that never stop.
Driver Hiring & Payroll
CDL drivers, owner-operator settlements, office staff. Fund payroll while you wait on broker payments.
Technology & ELD
ELD compliance, GPS tracking, dispatch software, dashcams. Stay compliant and efficient.
Debt Consolidation
Refinance high-cost MCAs, equipment loans, or factoring agreements into one payment.
Working Capital Bridge
Cover the net-30/45/60 gap. Fund today's expenses with tomorrow's confirmed revenue.
10 months in business, no bank would touch me. Basecamp approved $45K working capital based on my deposits alone.
Full Transparency
What Kills Your Qualification (And What Doesn't)
Most lenders won't tell you this upfront. We will.
These Won't Stop You
These Can Be Deal-Breakers
Before You Apply
What to Have Ready
Having these speeds up your approval. Don't have everything? Start anyway — we'll guide you.
4 months of bank statements
Business operating account
Business checking account
Dedicated business account (not personal)
MC number or DOT number
Active operating authority
Government-issued ID
Driver's license or passport
Outstanding debt details
Equipment loans, MCAs, factoring agreements
Approximate monthly revenue
Doesn't need to be exact — ballpark is fine
See What You Qualify For
See What You Qualify For. No Credit Impact. No Obligation.
Slide the calculator, answer 3 questions, and a specialist pulls your options within the hour.
See What You Could Qualify For
Slide to your average monthly bank deposits.
Estimated Approval Range
Based on 100-150% of monthly revenue
No hard credit pull · No obligation · Estimate only
Recommended Products
Recommended Loan Products for Trucking Companies
The most popular funding types for trucking companies businesses. Each links to a detailed product page.
💰Working Capital Loans
Bridge the gap between delivery and broker payment for fuel, tolls, and payroll.
View Product Details →🚛Equipment Financing
Finance your next semi, reefer, flatbed, or trailer without a massive down payment.
View Product Details →📈Revenue-Based Financing
Flexible repayment that adjusts with your freight volume and seasonal cycles.
View Product Details →🏦Business Line of Credit
Draw funds for maintenance, repairs, and insurance as needs arise on the road.
View Product Details →Financed my first truck through Basecamp after my credit union turned me down. 2019 Peterbilt, $78K financed, payment is $1,650. I was leasing at $2,400. That's $750/month I keep now.
We factor about $150K/month in invoices through a lender Basecamp matched us with. Instead of chasing brokers for payment, we get cash the next morning. It changed how we run the business.
The Next Breakdown Shouldn't Park Your Business
Fuel spikes. Tire blowouts. Insurance renewals. A truck that needs a $25K engine rebuild on a Tuesday. The difference between an operator who survives these hits and one who doesn't is a pre-approved credit line ready to deploy. See what you qualify for while your revenue is flowing.
No credit impact · No obligation · 60 seconds
By Trade
Trucking Funding by Operation Type
| Trade | Common Funding Need | Typical Amount | Why This Trade Qualifies Well |
|---|---|---|---|
| Owner-Operator (1 truck) | First truck purchase, authority startup costs | $60K–$180K | Truck is collateral, verifiable per-mile revenue |
| Small Fleet (2–10 trucks) | Fleet expansion, maintenance reserve, fuel working capital | $100K–$1M | Contract revenue, multiple assets as collateral |
| Mid-Size Fleet (11–50) | Dedicated contract buildouts, trailer acquisition, terminal expansion | $500K–$5M | Strong financials, diversified revenue |
| Hotshot / Expedite | Truck + trailer financing, fuel cards, insurance deposits | $30K–$150K | Fast-growing segment, high per-load margins |
| Flatbed / Heavy Haul | Specialized trailers ($40K–$80K), permits, escort vehicle | $50K–$500K | Specialized = higher rates per mile |
| Reefer / Temperature | Reefer units ($60K–$90K each), maintenance, seasonal bridge | $75K–$1M | Equipment holds value, produce contracts are steady |
| Dump Truck / Aggregate | Trucks, loaders, quarry equipment, mobilization | $100K–$2M | Construction demand drives consistent work |
| Box Truck / Last Mile | Vehicle fleet, warehouse space, routing technology | $50K–$500K | E-commerce growth = guaranteed demand |
Financing by Operation Type
Every trucking operation. Click yours for tailored options.
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FAQs
Trucking Business Loan FAQs
James W.
Fleet Owner | Dallas, TX
Financed two Freightliners through Basecamp. The whole process took 4 days from application to funded. Way easier than going through the dealer’s financing.
Your Wheels Shouldn't Stop Turning Because a Broker Is Slow to Pay
60 seconds. No credit impact. No obligation.
See What You Qualify ForNo hard credit pull · Free to check · Nationwide
Trucking Business Loans & Fleet Financing — $10K to $10M+
I talk to trucking companies every single day who are stuck in the same cycle: you delivered the freight, the broker owes you $180K, and your fuel card is maxed. Insurance renewed at $22K per truck. Your driver needs his settlement by Friday or he's gone. And your bank — your bank wants six weeks, two years of tax returns, and a personal guarantee on a truck that IS the collateral. That's not funding for trucking. That's funding for people who don't need it.
The worst one I see? Owner-operators paying 4% per load to factoring companies because nobody told them a $100K line of credit at 15% APR saves them $25K a year on $80K/month in freight. Or the fleet owner leasing five Freightliners at $2,800/month each — that's $168K per truck over five years and he owns nothing. Finance at $1,926/month, pay $115K total, and you have a $50K asset on your balance sheet. The math isn't close.
We fund every kind of trucking operation running. OTR long-haulers who need $45K to bridge a brutal fuel month. Reefer carriers financing $85K trailer units to take on a grocery chain contract. Flatbed guys buying $95K step-decks for a wind turbine hauling job. Hotshot operators grabbing their first dedicated oilfield lane. Dump truck companies adding a third tri-axle at $110K. Box truck fleets scaling Amazon DSP routes. We've funded $95K Cascadias, $360K four-truck expansions, $125K authority startups, and $3.1M fleet buildouts — all through our 70+ lender network.
Your Peterbilt threw a rod 600 miles from home and the shop wants $22K before they'll touch it? We can wire money to the shop by tomorrow. You're nine months into your authority and every bank wants two years of history? We fund on deposits, not tax returns. Your factoring company is eating your margin at 3-5% per load? We'll match you with a line of credit that costs a fraction. One application. 60 seconds. No hard credit pull. Most trucking companies hear back within hours.