Fast capital for trucking and transportation companies.
Repairs, fuel, insurance, or another truck on the road — $10K to $2M with a same-day decision and no freight-industry runaround.
What carriers and owner-operators use funding for.
In trucking, revenue arrives on someone else's schedule. Brokers pay in 30 to 60 days while fuel, repairs, and drivers need paying now. Workable Funding bridges that gap using your deposit history, not a stack of collateral paperwork.
- Emergency truck and trailer repairs that can't wait
- Fuel costs during long or slow-paying hauls
- Adding trucks, trailers, or drivers to the fleet
- Insurance premiums, permits, and DOT compliance costs
- Covering payroll while invoices sit unpaid
- Getting through slow freight seasons without parking trucks
Why trucking companies choose Workable Funding.
We know the 30–60 day gap
Slow broker payments are the norm in freight. We underwrite around it instead of penalizing you for it.
Money in days, not weeks
A truck down is revenue lost. Decisions come the same day, with funding typically within 48 to 72 hours of approval.
No equipment liens required
Funding is based on revenue, so you're not pledging your rig to get capital.
Owner-operators welcome
One truck or forty — if you're doing $15K or more a month, you can apply.
One funding desk
Our underwriting desk manages the transaction under our contract from application through funding coordination.
$10K to $2M
Enough for a single engine rebuild or a serious fleet expansion.
How trucking companies actually use revenue-based funding
Freight is one of the few industries where a profitable month can still leave you short of cash. Brokers and shippers commonly pay on 30-, 45-, or 60-day terms, while fuel, insurance, tolls, maintenance and driver pay all come due inside the same two weeks. That mismatch is not a sign of a weak business — it is how the industry settles — but traditional lenders read it as instability and either decline the file or bury it in months of paperwork.
A merchant cash advance works differently. We look at what actually moves through your business checking account over the last three months: total deposits, the consistency of those deposits, your average daily balance, and how many other funding positions are already being paid. If the deposits support another payment, you get an offer. There is no requirement to pledge trucks or trailers, no lien filed on your equipment, and no need to tell your brokers anything.
Payments are collected daily or weekly as a fixed amount rather than a percentage of each load, so you always know exactly what clears. For carriers running steady lanes that predictability is usually easier to manage than a factoring arrangement that changes with every invoice. If freight slows for a stretch, contact us before you miss a payment — a restructure is far easier to arrange than a recovery.
The most common mistake we see in trucking is stacking: taking a second, third, or fourth advance from different funders within a few weeks. Daily payments pile up, the truck is still the same truck, and the math stops working. We underwrite existing positions carefully and will tell you honestly when a smaller amount, or no advance at all, is the right answer.
What a $50,000 advance looks like for a carrier
A five-truck carrier doing $120,000 a month in deposits needs an engine rebuild and two sets of tires before the busy season.
- Advance amount
- $50,000
- Factor rate
- 1.38
- Total repayment
- $69,000
- Term
- About 9 months
- Daily payment (weekdays)
- About $358
- Time from application to funding
- 24-48 hours
1.38 is a common middle rate, not a floor or a cap — your rate is set from your own file — deposits, time in business, and existing positions all move it. Stronger files price better. This is an illustration, not a quote — run your own numbers on the funding calculator.
What you need to qualify.
Four simple requirements. Meet these and you're a strong candidate.
Questions, answered.
Do you fund owner-operators with one truck?
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Yes, as long as the business has been running at least six months and does $15,000 or more in monthly revenue.
Can I get funding for an emergency repair?
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Yes. Emergency repairs are one of the most common reasons carriers apply, and same-day decisions mean you can get the truck moving quickly.
Is this the same as invoice factoring?
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No. A merchant cash advance is based on your overall revenue rather than specific invoices, so you don't have to assign receivables or notify your brokers.
Do I need to pledge my truck as collateral?
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No. Our advances are unsecured by equipment and based on your business bank deposits.
What if freight has been slow?
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We review several months of statements and understand seasonal freight cycles. A soft month doesn't automatically disqualify you.