Industries we fund · Trucking & Transportation
Working capital for trucking businesses
Trucking cash flow lives in the gap between hauling a load and getting paid for it. Fuel, insurance, and repairs are due today; broker payments land in 30 to 60 days.
Clearwater places trucking 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 trucking 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 trucking file
Funders look for factoring relationships in a trucking file - regular deposits from a factor read as stable revenue, and the file prices off those net deposits. Owner-operators with 1-3 trucks are judged heavily on deposit regularity and NSF count, because one blown engine can swallow a month. Fleets with fuel-card statements and consistent settlements support larger advances. High-mileage seasons (produce season, Q4 freight) are the right time to apply.
What trucking businesses use the capital for
- Truck repair or engine replacement without waiting on a settlement
- Insurance down payments
- Adding a truck and trailer when a dedicated lane opens
- Fuel float for a new contract before first settlement
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 trucking 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 |
Trucking & Transportation funding questions
I factor my invoices. Does that hurt my file?
No - it usually helps. Regular factor deposits are predictable revenue, and funders price trucking files off exactly that pattern.
Can an owner-operator with one truck qualify?
Yes, if the deposits support it. Single-truck files are judged on consistency: steady settlements and few negative days matter more than fleet size.
What kills a trucking file?
Heavy NSF activity and long deposit gaps. If a truck was down and your last month shows it, sometimes waiting two strong weeks before applying gets a meaningfully better number.
See your number, not a sales pitch
Two minutes, no hard credit pull, and the estimate is sized off your real deposits.
Check my options