What can you do with a transportation business loan?
A transportation loan can help your business cover key expenses.
- Expand your fleet with trucks, vans, or other commercial vehicles.
- Keep your vehicles in top shape and avoid costly downtime.
- Manage day-to-day expenses to keep your business running smoothly.
- Fund recruitment, training, and payroll for your team.
- Invest in GPS systems, dispatch software, and more to optimize your operations.
How to qualify for a loan
To qualify for a transportation business loan, your business will generally need to meet these criteria. (These criteria can differ between financing options.)
- You must be a U.S.-based business.
- 6+ months time in business.
- $15,000+ in monthly revenue
- Receive revenue in a business bank account
- A credit score of 500+
How this works
The good news? You have a number of options for small business loans for transportation, as well as other financing opportunities, to choose from.
Our financing solutions include:
Business line of credit
Need flexible financing at your fingertips? A revolving line of credit gives you up to $300,000 to handle cash flow gaps.
Long-term loans
Planning a major investment? A long-term business loan provides up to $10 million in financing with terms as long as 120 months.
Merchant cash advance (MCA)
While MCAs are not loans, you can get fast capital with a merchant cash advance—up to $600,000 based on your future credit and debit card sales. With no fixed payments, this option flexes with your revenue.
You might also get financing with:
- SBA 7(a) loans
Designed to help small businesses, this loan offers flexible funding options to acquire new trucks, purchase equipment, or even refinance existing debt. With loan amounts up to $5 million, it’s a great way to secure the financial backing you need to grow.
We are trusted by:
Four steps to getting transportation loans
Learn more about financing opportunities without negatively impacting your credit score.
Apply in minutes
Just hit “Get Started” and apply for the financing that feels like a best fit.
Submit essential documents
Gather your bank statements and government-issued ID.
Fast approval
Receive a decision in as little as 4 hours.
Take your transportation business to the next level
Access to flexible financing, made easy
With Credibly, you’ll have access to fast, flexible financing that lets you focus on growth without the usual hassle.
Fast approvals to get your business moving
Our quick approvals and simple application process mean you won’t be stuck waiting weeks for funds—you can get the capital you need quickly.
Competitive rates
We offer competitive rates, so you get the best deal for your business.
Dedicated, U.S.-based customer service
Plus, with our 100% U.S.-based customer service, you’ll have a dedicated team supporting you every step of the way.
