A traditional bank loan is a commonly-thought-of option for funding a trucking business. However, non-traditional lending solutions are oftentimes a better alternative. They are made available by qualified lenders such as Alternative Funding Group — the most trusted funds provider for trucking businesses across the United States.
In order for your trucking business to qualify for Business Working Capital Funding it needs to be at least one year old. It should have annual revenues of $90,000 or more. Alternatively, it can have revenues of $7,500 per month over the last three months.
Alternative Funding Group as a Merchant Cash Advance Direct Lender has helped trucking companies across the United States secure capital easily and in the fastest time frame possible. Our knowledgeable consultants, flexible terms, and low interest rates have helped secure our position as the most trusted trucking business funds provider.
In order to be eligible for a US Business Funding, your trucking company must have a physical presence in one of the 48 contiguous states. This does not include Hawaii or Alaska!
If all required documents are verified and satisfactory, funds will be dispersed in as little as 24 – 48 hours! However, if additional documents are requested, it may take up to 5 business days. It should be noted that any delay in the sending in of additional documents can add to this time frame.
To qualify for an advance, your business needs to be atleast a year old. You should have revenues of $90,000 annually or $7,500 per month over the last three months.
Alternative Funding Group took a huge load off my shoulders by providing timely funding for my trucking business. I had a major gap in the working capital and AF understood my problems and addressed it quickly. Great job!
This funding service is the best I have ever worked with. I had added a few new TRUCKS to my fleet. Thanks to the timely service offered by this company.
If you need working capital or a line of credit for your business, you should consider ALTERNATIVE FUNDING GROUP. Team was easy to work with through the entire process. They are extremely professional and answered all our questions. I highly recommend ALTERNATIVE FUNDING to all Trucking business owners out there.
Alternative Funding Group does not impose a limit to the amount of trucks you can add to your fleet. Rather, the amount of business funding you qualify for will determine it. Our business funding products are designed to give your business the funding it needs with the best terms and conditions possible. Without any of the obstacles and difficulties that are often associated with traditional lending solutions, funding can occur in as little as 24 – 48 hours.
With equipment financing, you can purchase what your company needs for its daily operations. Examples of what you can purchase include straight trucks, enclosed trailers, flatbed trailers, step deck trailers, removable gooseneck trailers, refrigerated trailers, and lowboy trailers. Just as well, you can purchase forward-looking camera systems for your trucks along with collision mitigation technology, electronic logging devices, temperature sensors, and other trucking technologies. Any business-related equipment can be purchased with equipment financing.
*Due to differing bank policies, it can take several business days before your funds are available.
