Trucking & Transportation
Invoice Factoring for Trucking & Transportation
$10K - $5M designed for trucking & transportation businesses. Pre-qualify in 60 seconds. Funding in as little as 1 - 3 business days.
No Credit Impact
1 - 3 business days
93% Approval
Trucking & Transportation Funding Challenges
- Fuel prices fluctuate, squeezing thin profit margins
- 30-60 day payment terms from brokers and shippers
- Breakdowns and DOT repairs require immediate cash
- Adding trucks to a growing fleet is capital-intensive
- Insurance premiums keep climbing year over year
How Invoice Factoring Helps
Advance up to 90% of invoice value
Approval based on your customers' credit
No long-term contract required
Funds in days
Tailored for trucking & transportation businesses
How Trucking & Transportation Businesses Use Invoice Factoring
New and used truck purchases
Engine rebuilds and major repairs
Fuel cost coverage during slow freight periods
Insurance premium financing
Fleet expansion and trailer purchases
“My Peterbilt blew an engine on I-95. Slate wired me $45K for the rebuild the next morning. I was back on the road in a week instead of losing my contract.”
James Patterson
Patterson Freight LLC, Atlanta GA - Funded $45,000
Get Invoice Factoring for Your Trucking & Transportation Business
$10K - $5M. Funding in 1 - 3 business days. Zero credit impact to pre-qualify.
Apply Now - Free