Financing built for how Transportation businesses grow
Financing for small businesses in the Transportation industry
If you own a trucking business and need to access easy financing, Merchant Growth can help. Our commercial truck financing options have no hidden fees or collateral requirements, and can be activated in as little as 24 hours! This is true whether you sell new or used trucks, provide truck leasing services, operate long haul trucks, rent out dump trucks, box trucks or tow trucks, and anything in between.
As long as you meet the minimum monthly income and our other basic requirements, Merchant Growth can help you finance the down payment on those new semi trucks you’ve had your eye on, get you the cash you need to expand operations, or simply facilitate the commercial truck loan you need in order to reach new customers and improve your services.
We don’t obsess over your credit history or bad credit. Instead, we take into consideration the overall health and cash flow of your business to then provide straightforward transportation financing solutions to help keep your business moving.
How Can a Transportation Business Use the Funding?
Many small and medium-sized transportation companies don’t have access to the equity financing they need. However, it’s important to have reliable access to capital in order to capitalize on opportunities as they present themselves, whether you need to make a truck purchase for your growing business or survive a temporary rocky period.
Our transport financing solutions are great because they offer convenience and reliability, even if you have poor credit! You don’t need to make traditional down payments or offer up collateral, we’ll take care of the whole process for you in short order.
Our financing options, such as a Term Financing or a Business Line of Credit, are fast and convenient, providing flexible payment terms to fit your business needs either daily or weekly.
We have helped transportation companies across Canada bolster their businesses with a lot more than truck purchases. Companies also often choose to invest in:
- Sales and marketing campaigns
- Social media advertising
- Fleet upgrades
- Inventory purchases
- Hiring and training new staff
Funding made simple
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FAQ
Applying is quick and easy. The application takes less than 5 minutes to complete. Click the “Get Financing” button on our homepage to get started. We’ll ask for some basic information about you and your business, and securely connect to your business bank account to review your revenue.
No. Applying is completely free, with no obligation. You’ll see all available options before making any commitments.
Yes. We conduct a soft credit inquiry on the business owner, which does not affect your credit score. We only perform a hard credit check if you decide to move forward with funding.
To qualify, your business must:
- Be located in Canada
- Have been operating for more than 6 months
- Generate at least $10,000 in monthly revenue
On average, applications are processed within 6–24 hours.
