How fast can I get a business loan?

With Slate Financial, many business loans fund in as little as 24 hours. MCAs and lines of credit can fund same-day. Term loans typically fund in 24-72 hours. Real estate loans range from 5 days to 4 weeks depending on the product.

Can I get a business loan with bad credit?

Yes. Products like MCAs, MCA Bailouts, and Lines of Credit are primarily based on your business revenue, not your personal credit score. If your business generates consistent monthly revenue ($10K+/month), you likely qualify for funding.

What types of business loans does Slate Financial offer?

Slate Financial offers 14 loan products including Term Loans, Lines of Credit, Merchant Cash Advances, MCA Bailout, 0% Interest Business Credit Cards, Equipment Financing, Purchase Order Factoring, Commercial Real Estate Loans, Residential Mortgages, DSCR Loans, Fix and Flip Loans, Ground-Up Construction Loans, Mergers & Acquisitions Financing, and Form 1003 Mortgage Applications.

Does applying for a business loan affect my credit score?

No. Slate Financial's initial application uses a soft inquiry that does NOT impact your credit score. A hard pull is only done after you've reviewed and accepted a specific offer from a lender.

A DSCR (Debt Service Coverage Ratio) loan allows real estate investors to qualify based on the property's rental income rather than personal income. If the property's rent covers the mortgage payment, you can qualify without providing pay stubs, W-2s, or tax returns.

Trucking Company Funding: Capital Solutions for Owner-Operators and Fleets | Slate Financial Blog

The trucking industry moves $800 billion in freight annually. But cash flow gaps, fuel costs, equipment maintenance, and insurance premiums can choke even profitable operations. Here is how trucking companies get funded.

Funding Options for Trucking

Equipment Financing

Trucks, trailers, and rigs are expensive. Equipment financing lets you acquire vehicles with the equipment itself as collateral. $10K-$5M, fund in 24-48 hours.

Freight Factoring

Do not wait 30-90 days for brokers and shippers to pay. Factoring converts your invoices into immediate cash. Get 90-95% of the invoice value within 24 hours.

MCA

For trucking companies with consistent daily deposits, an MCA provides fast capital without collateral. $5K-$2M in 24 hours.

Term Loans

Need capital for fleet expansion, insurance, or fuel cards? Term loans provide a lump sum with fixed monthly payments. $25K-$5M.

Slate Financial Gets Truckers Funded

We recently helped LOGMET LLC, a transportation company with $27M in annual revenue, secure a $5M term loan. David R. Bizousky and the team at Slate Financial understand trucking. Apply in 5 minutes.

Need Business Funding?

Slate Financial matches you with the best funding options. Apply in minutes with no credit impact.

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Trucking Company Funding: Capital Solutions for Owner-Operators and Fleets