Funding for Owner-Operators and Trucking Companies
Commercial truck financing, freight invoice factoring, fleet loans, and working capital for carriers of all sizes. From one truck to a full fleet. US and Canada.
Owner-operators with new authority welcome. 550+ credit score for truck financing.
Cash Flow in Trucking: The Real Problem
Trucking is the backbone of the North American economy — and one of the tightest-margin industries in it. Fuel costs are unpredictable. Broker payment terms stretch 30–90 days. Equipment maintenance is non-negotiable. Insurance premiums are rising. And if a truck is off the road for even a week, the revenue impact is immediate and severe.
Owner-operators and small carriers are particularly exposed. When you're running 1–5 trucks, there's no cushion. A single mechanical failure or a slow-paying broker can create a genuine crisis within days. Large fleets have reserve lines of credit. Small operators often don't — which is exactly why ClearSide built a product set for this industry.
We connect trucking companies to lenders who understand the industry: carriers who use factoring as a standard business practice, owner-operators whose personal credit doesn't reflect their business potential, and fleet operators who need capital to scale without overleveraging their first trucks.
6 Cash Flow Problems Trucking Companies Solve with Funding
Broker payment delays (Net-30 to Net-90)
Freight brokers and shippers pay on Net-30 to Net-90 terms. Fuel, driver pay, and maintenance don't wait. Working capital or freight invoice factoring bridges this gap for carriers of all sizes.
Fuel cost volatility
Diesel prices can swing 30–40% in a quarter. A fuel advance or line of credit lets you pre-purchase fuel at current prices or cover fuel costs during rate compression without disrupting operations.
Truck acquisition and fleet expansion
A second or fifth truck can double your capacity. Commercial truck financing with terms up to 7 years keeps your monthly payment manageable while the asset generates revenue.
Emergency repairs
A truck breakdown is a revenue emergency. A day off the road costs $1,500–$3,000+ in lost freight. Same-day working capital gets your truck back on the road before you lose the load.
Owner-operator startup costs
Getting your own authority requires registration fees, insurance deposits, permits, and factoring setup. Working capital for new authority holders bridges the gap between first load and first payment.
Insurance premium financing
Commercial trucking insurance premiums are significant — often $15,000–$50,000 annually. Financing your premium spreads the cost across the year instead of draining reserves at renewal.
Trucking Funding Products Available Through ClearSide
Commercial Truck Financing
$25,000 – $250,000 per unitUse Case
Purchase semi-trucks, day cabs, flatbeds, reefers, and specialty trailers
Min. Credit
550+
Time to Fund
1 – 5 days
Fleet Financing
$100,000 – $2,000,000Use Case
Finance multiple units at once under a single fleet program
Min. Credit
600+
Time to Fund
3 – 7 days
Freight Invoice Factoring
Up to 95% of invoice valueUse Case
Advance against unpaid freight bills from brokers and shippers
Min. Credit
No minimum (broker creditworthiness matters)
Time to Fund
24 – 48 hours
Working Capital Loan
$10,000 – $500,000Use Case
Fuel, driver payroll, repairs, insurance, and operating costs
Min. Credit
500+
Time to Fund
24 hours
Business Line of Credit
$25,000 – $250,000Use Case
Ongoing cash flow management — draw for fuel and repairs, repay when loads clear
Min. Credit
600+
Time to Fund
2 – 5 days
What Owner-Operators Need to Know About Qualifying
Owner-operators with less than 1 year of authority can qualify for truck financing with 550+ credit
Freight invoice factoring is available from the first load — no established revenue history required
IFTA filings and DOT compliance documents strengthen your application
Clean CSA scores improve approval odds and may reduce insurance costs tied to your loan
Owner-operators running under a carrier's authority can still access working capital based on their 1099 income
Canadian owner-operators on provincial or federal authority are eligible through our Canadian lender network
Documents for Trucking Loan Applications
Trucking Funding from Lenders Who Know the Road
Commercial truck financing, invoice factoring, and working capital for carriers of all sizes.
Trucking Business Funding FAQs
Keep Your Trucks Rolling. Get Funded Today.
Semi-truck financing, factoring, and working capital for owner-operators and fleets.