types of loans / Industry-Specific Loans /
Kabbage helps trucking businesses like yours get working capital to help your business thrive.
Get the loan you need to keep on trucking.
Starting or growing in the trucking industry is no small feat. You can incur tremendous expenses when purchasing the large commercial vehicles and the equipment needed to get your business up and running, or you could be drowning in expensive truck repair costs. No matter the financial situation you are facing, a loan for truckers can offer the financing, and peace of mind, your small business needs to survive the rough patches and take advantage of new opportunities.
What can a loan for truckers do for my business?
The trucking industry is quickly growing, meaning truckers need to have the funds on hand to help their business get established. Once truckers have a business up and running, costs related to maintenance and day-to-day expenses must also be considered. A loan for truckers can cover many of the costs related to startup and growth, such as:
- Additions to your existing fleet
- Hiring of new drivers
- Covering the numerous tolls
- Repairing or replacing tires
When should I apply for a trucking loan?
If you're looking to expand your trucking fleet and take your small business to the next level, you may be wondering where you'll get the flexible financing you need to address your working capital needs. A loan for truckers can provide the funding you need to cover all of these expenses and more. With the assistance loans for truckers provide, truckers can have the funding and the confidence they need to start and grow their business long into the future.
How can I get a loan for truckers?
Traditional lenders typically require extensive credit and financial documentation, and their approval processes are lengthy. Even if you are approved, it can take days to get your small business loan – and your opportunity could be gone by then.
At Kabbage, we want to help you cut through the red tape to get the trucking loan you need. Our loans for truckers are available through a fast, simple application that's fully automated. Provide basic data, and we'll review your business performance to give you the funding you need – up to $250,000.
Get the security of a business line of credit
Qualify for a line up to $250,000
There's a better way to fund your business
Accessing small business funding shouldn't be complicated or time-consuming, so Kabbage developed a simple way to get up to $250,000.2