Get Fast, Flexible Commercial Truck Financing
No hard credit pull. Decisions in 24 hours.
Get Pre-Qualified NowOver $500M funded nationwide
Running a contracting or service business often means one thing: you rely on your trucks to keep jobs moving. Whether you’re hauling tools, carrying crews, or managing deliveries, the right straight truck can make or break your schedule.
At TruckLenders USA, we make it simple to finance new or used straight trucks — without slow banks or piles of paperwork.
Minimum qualifications:
2+ years in business
650+ credit score
$5,000+ average monthly bank balance
You’ve already built a strong business. Now it’s time to add the trucks you need to keep growing.
No hard credit pull to apply
Same-day approvals in most cases
Flexible terms matched to your cash flow
Dealer, private party, and auction purchases welcome
Whether you need a single straight truck or a small fleet of work trucks, we specialize in deals that make sense for your business.
Step 1: Fill Out Your General Profile
Answer a few quick questions about your business and goals. No credit check required.
Step 2: Complete Your Business & Ownership Profile
Provide:
Business info (EIN, address, annual revenue)
Owner details (SSN, % ownership, home address)
Straight truck details (invoice or website link)
Upload 3 months of bank statements + ID/CDL
Step 3: 24-Hour Review & Match
Our underwriting team reviews your file within 24 hours and matches you with a trusted lender.
Step 4: Get Approved & Funded
Receive an approval with rate, term, and payment details. Funding is often completed in 1–3 business days.
Tip: Uploading bank statements, ID, and invoice upfront speeds everything up.
Typical Loan Terms
| Term | Range |
|---|---|
| Loan Amount | $25,000 – $250,000+ |
| Term Length | 24 to 60 months |
| Interest Rates | 7% – 18% |
| Down Payment | 0% – 20% |
| Funding Timeline | 1–3 business days |
What Affects Your Rate?
Credit Score (650+ opens better programs)
Time in Business (2+ years preferred)
Cash Flow ($5,000+ ending balance)
Truck Age & Type
Use our free straight truck loan calculator:
When adding a straight truck to your business, you’ll want to decide whether a loan (financing) or a capital lease makes more sense.
Best if you want to own the truck long-term.
You own the truck outright at the end of the term
Lower total cost compared to leasing over time
Build equity in the equipment
Flexible use — no mileage or wear restrictions
Ideal for: Contractors, service companies, and operators who plan to keep their truck for 5+ years.
Best if you want lower payments now or plan to upgrade trucks more often.
Lower upfront cost than financing
Lower monthly payments during the term
Option to buy at lease-end for a small residual value
Easier to replace or upgrade every few years
Ideal for: Businesses with shorter-term contracts, seasonal work, or those prioritizing cash flow over ownership.
Minimum Requirements:
2+ years in business (18+ months for start-ups)
650+ credit score
$5,000+ average monthly bank balance
Driver’s License or CDL
Invoice or bill of sale
We finance:
New or used straight trucks
Dealer, private party, or auction sales
Single trucks or small fleets
If your business is scaling beyond a single truck, TruckLenders USA makes fleet expansion simple. Whether you’re adding two, five, or ten straight trucks, our fleet financing programs are designed to match your growth — not slow it down.
Managing multiple trucks means juggling schedules, drivers, and contracts. We make sure financing isn’t another headache. Fleet programs help you:
Lock in better rates for multi-unit purchases
Simplify approvals under one master agreement
Reduce paperwork for each new truck
Expand capacity without draining cash reserves
| Fleet Size | Loan Amount Range | Term Length | Interest Range | Down Payment |
|---|---|---|---|---|
| 2–5 Trucks | $150,000 – $500,000 | 36–60 months | 6%–14% | 0%–15% |
| 6+ Trucks | $500,000+ | 48–72 months | 6%–12% | 0%–10% |
Funding Timeline: 3–5 business days once documentation is complete.
Eligible Purchases: Dealer, private party, or auction acquisitions — new or used straight trucks.
One Application, Multiple Trucks: Add trucks under a single approval.
Pre-Approved Credit Line: Plan future truck purchases without re-applying.
Tax Savings: Section 179 and bonus depreciation apply fleet-wide.
Flexible Terms: Match repayment to your seasonal cash flow.
Established delivery or logistics companies growing regional routes
Contractors adding vehicles for new crews or divisions
Moving or service businesses expanding their fleet
Tip: Many of our clients lock in pre-approvals before year-end to secure tax deductions and early-season trucks without delays.
Getting approved as a newer business can be challenging, but we offer programs designed for companies just getting started.
Minimum Requirements:
At least 18+ months of industry experience (construction, delivery, moving, hauling, etc.)
20% down payment on the truck
Interest rates typically 12%–20%
Loan amount depends on credit strength and cash flow
Best For:
Contractors starting their first company truck purchase
Owner-operators leaving W-2 work to build their own business
New businesses looking to establish commercial credit history
Tip: Start-ups see the best approvals when they can show steady income through contracts or side jobs in the same industry.
If your credit score is lower than 625, you may still qualify — but lenders will want to see a stronger commitment upfront.
Minimum Requirements:
Credit score: below 625 may be considered
50% down payment often required
Interest rates typically 15%–30%
Truck age and condition matter — newer units are easier to approve
Best For:
Experienced operators with steady work but past credit issues
Businesses with strong cash flow, even if credit history is weak
Buyers purchasing lower-priced trucks who can make a large down payment
Tip: The bigger the down payment, the better your chances of approval — and possibly at the lower end of the interest rate range.
If it’s a commercial straight truck, chances are we can finance it. We work with both new and used trucks from dealers, private sellers, and auctions.
Popular straight truck types we finance include:
Dry Van Straight Trucks – Common for freight, delivery, and general transport
Refrigerated (Reefer) Trucks – Keep perishable goods cold and compliant
Flatbed Straight Trucks – Haul heavy equipment, building materials, or oversized loads
Stake Body Trucks – Flexible, removable sides for hauling landscaping, lumber, or bulky items
Service & Utility Straight Trucks – Outfitted for contractors, electricians, HVAC, and utility companies
Delivery & Moving Trucks – Ideal for couriers, logistics, and moving businesses
Whether you need one truck or an entire fleet, we can help you get funded fast.
One of the biggest advantages of financing a straight truck is the Section 179 tax deduction. This IRS rule allows you to write off the full purchase price of qualifying equipment in the year you put it into service — even if you financed it.
Key Benefits for 2025:
Deduct up to $1,250,000 in equipment purchases
Applies to both financed and leased trucks
Truck must be used 50% or more for business
Combine with bonus depreciation for extra savings
Why It Matters:
Instead of spreading deductions over several years, you can take the full write-off now, lowering your taxable income immediately.
Pro Tip: Many contractors and service companies finance trucks near year-end to capture the tax deduction right away — while preserving their cash flow for operations.
Q: What credit score do I need to qualify?
We recommend a credit score of 650 or higher for the best rates and terms. If your score is lower, you may still qualify through our start-up or bad credit programs with a larger down payment or stronger cash flow.
Q: Can I finance a used straight truck?
Yes. We finance new and used trucks purchased from a dealer, private seller, or auction. As long as we can verify the truck details and title, we can structure a deal around it.
Q: How fast can I get approved and funded?
Our process is built for speed. Approvals typically happen within 24 hours, and funding is often completed in 1–3 business days once documents are in.
Q: What documents will I need to apply?
To move forward quickly, have these ready:
3 months of business bank statements
Driver’s license or CDL
Invoice, bill of sale, or truck link
Uploading these upfront helps us skip delays and get you funded faster.
At TruckLenders USA, we help business owners like you:
Get pre-approved without a hard credit pull
Match with the right lender in 24 hours or less
Fund new or used straight truck purchases fast
Minimum Requirements:
650+ credit score
2+ years in business
$5,000+ average monthly bank balance
Start your no-pressure pre-approval now. Upload your bank statements, ID, and truck info — and we’ll handle the rest.
