Truck Transporter Financing
Flexible financing solutions for your truck transportation needs.
Apply in Minutes
Find competitive unsecured business loan rates and options
Credit Score
Payment Frequency
Draw As Required
Our flexible credit line serves as an immediate extension of your operational capital.
Adaptable & Renewable
We offer immediate renewals and early settlement discounts for lower interest rates.
Pay Only When Utilized
Access the full amount instantly or draw as required. Secured alternatives available.
Why Choose Financing for Transportation?
Are you running a transportation business and need a new truck? We understand the costs can be overwhelming, and that’s where we step in to help. Commercial truck financing is different from standard auto loans. Trucks are high-value assets, and their upkeep—covering fuel, repairs, tires, oil changes, and ongoing maintenance—can be expensive. Because of these challenges, many lenders view the trucking industry as risky, but that doesn’t mean it isn’t profitable. At LDC Standard Capital, we specialize in helping transportation companies secure the funding they need, including financing for heavy-duty trucks like 18-wheelers.
Amount funded
Up to $5,000,000
Repayment term
4 months – 2 years
Financing cost
Starting at 8%
Funded within
1 day
Truck Transporter Financing Options
Fast Results
It takes just 5 minutes to fill out your application and just a few hours to get offers!
Flexible Terms
We help you compare your options with ease and always work to get you the most favorable terms.
Expert Support
Our advisors will make sure that the product you have chosen will suit your business needs best.
Applying for Commercial Truck Financing
Securing financing for a commercial truck requires preparation. Lenders need full details about the truck, your business, and your personal background before approving funds. Since the vehicle itself acts as collateral, having accurate information on hand builds trust and improves approval chances.
Vehicle Information
Be ready to share details such as condition reports, repair history, mileage, seller information, VIN, and whether it’s for long-haul or vocational use. Newer trucks with low mileage are favored by lenders, and vehicles purchased from certified dealerships are seen as more reliable.
Insurance Requirements
Insurance is crucial for both you and your lender. Strong coverage protects against costly liabilities and reassures financiers. Typical policies include cargo coverage, liability, physical damage protection, trailer interchange, and non-trucking liability.
Business Documentation
To confirm repayment ability, lenders request documents such as balance sheets, bank statements, tax returns, proof of business, and profit-and-loss statements. In some cases, DOT and FMCSA numbers may also be required. A strong financial history increases loan amounts and improves terms.
Personal Background
Even though the loan is for your business, lenders evaluate your personal history. Factors include credit score, bankruptcies, lending history, and criminal background. Demonstrating financial responsibility helps build lender confidence.
Financing Requirements
Requirements vary by lender type. Independent lenders are flexible and often support newer businesses. Banks have stricter criteria, favoring established companies with strong credit. Truck financing companies fall in between, with moderate standards but industry-specific knowledge.
Down Payment Expectations
Most financing options require a down payment, typically between 0% and 25%, with an average around 15%. Lenders also want to see adequate cash reserves—usually at least $10,000—to cover loan payments, insurance, and repairs. A stronger reserve may offset a lower credit score.
Got some questions?
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Answer a few basic questions about your business to see all your financing options in minutes.