Industries we fund · Food Trucks
Working capital for food truck businesses
A food truck is a restaurant with one point of failure and no rent. Revenue follows the calendar - lunch service, festivals, private events - and the truck itself is both the kitchen and the constraint.
Clearwater places food truck files with funding partners that already know the industry: $10K to $2M, sized off your real bank deposits, with no hard credit pull to apply. Searching for food truck business loans? What we place is revenue-based funding - an advance repaid out of daily deposits - and this page explains exactly how it prices so you can compare honestly.
How funders read a food truck file
Food truck files are small but readable: daily mobile POS batches from regular service, with larger lumps from festivals and catering on top. Funders read for the base under the spikes - steady lunch-service deposits are what make the file priceable, because event revenue alone reads as bookings, not a business. Weather and season show up plainly in the statements and are priced as pattern, not held against you. Recurring corporate catering or a commissary-anchored schedule strengthens the story; a truck with weekly contracted service reads closer to a small caterer than a vendor. The watch item is single-vehicle risk: long deposit gaps when the truck was down are priced into this category, and the practical floor is roughly $10K a month landing in business checking.
What food truck businesses use the capital for
- Kitchen equipment and build-out upgrades inside the truck
- A second truck or trailer once the first route is proven
- Generator, power, and cold-storage capacity
- Festival fees and inventory ahead of event season
- Engine or drivetrain repairs that put the truck back on the road
What the numbers look like
Most files support roughly half to 1.4 times monthly bank deposits - where a file lands depends on deposit consistency, time in business, and existing positions. As an illustration only: a food truck business depositing $50,000 a month might see an advance around $45,000, repaid as about $283 per business day until a fixed $59,400 is paid. The total is fixed on day one - it never compounds or grows - and most deals carry prepayment discounts, shown with your offer.
| Advance range | $10,000 - $2,000,000 |
| Monthly revenue floor | $10,000 in business deposits |
| Time in business | 6+ months |
| Credit | Cash flow weighs more - scores from 450 workable |
| To apply | No hard credit pull. 4 months of statements + month to date |
Food Trucks funding questions
My deposits spike around festivals and events. How does that read?
Fine, as long as there is a base underneath. Steady service deposits between events are what get priced; the festival lumps add size on top.
The truck was down for three weeks and it shows. Should I wait?
If the repair is done, two strong weeks of deposits usually get a better number. If you need capital to do the repair, tell us that story - it is common in this category and fundable.
Is a single food truck too small to qualify?
Not if the deposits support it. Roughly $10K a month in business checking and six months operating is the practical floor - small files place when the pattern is consistent.
See your number, not a sales pitch
Two minutes, no hard credit pull, and the estimate is sized off your real deposits.
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