Invoice financing for transportation & trucking
Get up to 90% of your unpaid invoices now. Fleet owners use Credible Lending invoice financing to add a tractor or trailer or cover a major repair, with settled when your customer pays and advances within 24 hours.
| Amount | Up to 90% of invoice value |
|---|---|
| Term | Settled when your customer pays |
| Speed | Advances within 24 hours |
| Payments | Settled from invoice payment |
| Best for | B2B businesses with slow-paying customers |
Common uses in transportation & trucking
- Add a tractor or trailer
- Cover a major repair
- Prepay insurance or fuel
- Bridge broker payment terms
Why fleet owners choose invoice financing
Brokers pay slowly
Invoice financing turns delivered loads into cash this week.
Downtime costs money
A truck in the shop earns nothing. Fast capital gets it back on the road.
Growth means another rig
Finance the next tractor against the tractor itself.
How does invoice financing work?
- 1
Submit open invoices from creditworthy business customers.
- 2
Receive an advance of up to 90% of their value.
- 3
Your customer pays as usual.
- 4
You receive the balance, minus a transparent fee.
What do I need to qualify?
- 1 year in business
- $10K+ in monthly revenue
- 625+ FICO score
Other funding for fleet owners
Questions, answered
Something else on your mind? Ask an advisor.
Can fleet owners qualify for invoice financing?
Yes. Most Credible Lending programs look for at least one year in business, $10,000 or more in monthly revenue and a 625+ credit score. We review transportation & trucking financials with the industry's cash-flow patterns in mind.
Will my customers know I'm using invoice financing?
It depends on the structure. Ask your advisor about options where you continue to collect payments directly.
Do you finance used trucks?
Yes, subject to age, mileage and valuation of the vehicle.
Ready when your business is.
Apply in about three minutes with a soft credit check. You'll hear back the same day.