Industries we fund · Towing & Roadside
Working capital for towing businesses
Towing revenue is 24/7 and unpredictable by the hour, steady by the month. Trucks are the business - and a truck down is revenue gone.
Clearwater works with towing businesses: $10K to $2M, sized off your real bank deposits, with no hard credit pull to apply. Searching for towing business loans? What we offer 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 underwriting reads a towing file
Towing files blend consumer card payments, motor-club remittances (AAA and insurers), and municipal contracts - funders read the mix for monthly stability. Motor-club and contract revenue reads strongest: recurring, verifiable, on-schedule. The equipment story dominates this industry: a wrecker or flatbed purchase converts directly into dispatchable capacity, which is the kind of use funders write without hesitation.
What towing businesses use the capital for
- Wrecker or flatbed purchase
- Truck repairs that put a unit back in service
- Insurance down payments
- Yard expansion for impound contracts
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 towing 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 |
| Term | 3 to 36 months, repaid on business days |
| 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 |
Towing & Roadside funding questions
Motor clubs pay me on schedule. Does that help?
Yes - AAA and insurer remittances read as contract revenue: predictable, verifiable, and priced favorably.
A truck is down and revenue dipped. Should I wait to apply?
If the dip is recent and visible, two strong weeks after the repair usually get you a better number. If you need capital to do the repair, tell us that story - it is common and fundable.
Can I fund a truck purchase with an advance?
Yes, and it is the most common towing use case. Faster than equipment financing, unsecured, and the truck starts earning immediately.
See your number, not a sales pitch
Apply in minutes, no hard credit pull, sized off your real deposits.
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