Invoice Financing & Factoring for Trucking & Logistics.
Trucking & Logistics operators turn to invoice financing & factoring when class 8 truck and trailer purchases (new and used) or owner-operator startup equipment programs can't wait on a bank timeline. Summit underwrites the sector against time in business, not just two years of clean returns.
Invoice Financing & Factoring for trucking & logistics.
Advance 90–95% against load invoices same-day. Recourse and non-recourse options; fuel card programs available.
For trucking & logistics invoice financing & factoring placements, expect facility size of $25K – $5M, advance rate of 70% – 90% of Invoice, discount rate of 1% – 4% per 30 Days. Qualification typically requires time in business 3+ Months and customer credit Creditworthy B2B / Government.
- ◆Class 8 truck and trailer purchases (new and used)
- ◆Owner-operator startup equipment programs
- ◆Same-day advances against freight invoices
- ◆Fuel, repair, and IFTA working capital
What to expect.
Invoice Financing & Factoring · Trucking & Logistics.
Advance 90–95% against load invoices same-day. Recourse and non-recourse options; fuel card programs available.
Most trucking & logistics invoice financing & factoring placements close in 24 – 72 hours. Summit's desk routes the file to the lenders most active in this sector.
Aging report (accounts receivable summary). Sample invoices and customer agreements. Last 3 months of business bank statements.
Initial review is a soft pull. A hard inquiry only happens after you select an offer and proceed to closing.
Get invoice financing & factoring for your trucking & logistics operation.
Indicative terms within 24 hours. No hard credit pull.
Begin Pre-Qualification →