Key takeaways
- Trucking's biggest cash-flow problem is timing — fuel, maintenance, and payroll are daily, but brokers and shippers may pay invoices in 30, 60, or 90 days.
- Freight factoring advances up to ~90% of an unpaid load invoice within a day and isn't debt — you're advancing money you've already earned.
- Equipment financing funds trucks, trailers, and reefers with the equipment as collateral for faster approvals.
- Factoring approval is based largely on the brokers'/shippers' credit, so new authority and owner-operators can often qualify.
Funding built for how trucking actually works
Few industries feel cash-flow pressure like trucking. You pay for fuel at the pump, cover maintenance the moment a truck needs it, and make payroll every week — but the broker or shipper who hired you may not pay for 30, 60, or even 90 days. That timing gap is the single biggest reason carriers run short on cash even when they’re profitable on paper.
The options that fit carriers best
- Freight factoring — sell your unpaid load invoices and get up to ~90% of the value within a day. Repayment isn’t debt; you’re advancing money you’ve already earned. This is the workhorse of trucking finance.
- Equipment financing — for trucks, trailers, reefers, and shop equipment, with the equipment itself as collateral so approvals are faster.
- Working capital & lines of credit — flexible cash for fuel, repairs, and bridging slow seasons or rapid growth.
Why match through Hoss Capital
Generalist lenders often don’t understand freight terms, seasonality, or how authority age affects risk. We route your profile to partners that actively fund trucking — so you spend time with lenders likely to approve a carrier like you.