Expand your limits
BUILD YOUR BUSINESS LOAN
$10,000 – $500,000 check eligibility
TRANSPORTATION COMPANIES, TRUCKING AND TRUCK DRIVERS USE BUSINESS LOANS FOR THE FOLLOWING REASONS
Purchase new trucks
Repairs
Cash flow stress
Hiring
Accounts receivables slow
COMMERCIAL TRUCKING LOANS AVAILABLE
Growing your commercial transportation business, requires access to working capital, so when there is an opportunity
for you to grow and expand your commercial transportation business, you can rely on a financing partner that
can provide flexible business loans.
HOW IT WORKS
1. Apply Online
Apply Online in just a few Minutes or
Call us directly 212-213- 5680.
2. View Results
Our system evaluates your business and provides a Pre-approval amounts, terms and repayment options.
3. Getting Funded
Upload your documentation.
TRANSPORTATION COMPANIES WE WORK WITH
Efundex offers financing to trucking companies from small to large fleets.
| Item | Small Fleets | Mid-sizefleets | Large fleets |
|---|---|---|---|
| Monthly revenue | 10,000 -$20,000 | $20,000-$350,000 | $350,000-$2, 00,000 |
| Number of trucks | 1 - 2 | 3 - 15 | 16 - 250 |
| Total loan Payback | $54,500 | $59,500 | $66,000 |
| Loan amounts | $10,000-$25,000 | $25,000-$200,000 | $200,000-$500,000 |
| Terms available | 3-12 months | 3-18 Months | 3-18 months |
SUCCESS STORIES
$
0
K
Efundex total loan
0
Success business
0
Success business
Trucking company
Buy new routes
$81,000
-
6 years in business
-
800,000 in revenue
Towing company
Purchased trucks
$100,000
- 19 years in Business
- $6,000,000 in revenue
Transportation company
New trucks
$70,000
- 2 years in business
- $ 1,200,000 in revenue
Trucking/ hauling
New routes
$75,000
- 1.5 years in business
- $900,000 in revenue
WHY CHOOSE EFUNDEX FOR YOUR COMMERCIAL TRUCKING BUSINESS LOAN?
Efundex Provides flexible business loans for trucking companies. We understand the transportation trucking industry and if you operate 1 truck or 250 trucks the commercial trucking owner faces the same challenges from cash flow issues, to growing your business while trying to increase profits.
Running a trucking company has many Challenges such as trucks breaking down and requiring immediate repair, maintenance issues or the trucking company is looking to expand and purchase additional trucks. These scenarios require immediate access to working capital.
CUSTOM FINANCING SOLUTION TO GROW YOUR TRANSPORTATION COMPANY
At eFundex we have multiple funding options for your transportation company. From short term to long term funding options. We can create a custom business loan for your business. Transportation Company’s fall into 2 categories when looking for working capital.
Some companies are not looking for a long term loan, they have short term cash flow stress, and accounts receivable are paying late or there was an unexpected expense; as opposed to companies that are looking to purchase new trucks or upgrade their facility and invest in their business for the long term.
Our process is very straightforward, we will be analyzing your cash flow not collateral or profitability like banks or credit unions. Our process is streamlined and only requires a one page application and your last 4 months of business bank statements to get you a decision to within hours not days or weeks.
Once approved eFundex will provide you with options from short term to long term depending on you working capital needs.
-
Purchasing new or pre owned trucks
-
Purchase equipment
-
Upgrading facility
-
Repairs and maintenance
-
Hiring new employees
-
Accounts receivable slow paying
Terms
3-18 months
Loan amount
$10,000-$500,000
Rates
6-38% simple rates
-
Accounts receivable slow
-
Repairs and maintenance
- Payroll
-
Cash flow stress
-
Unexpected expense
Terms
3-6 months
Loan amount
$10,000-$150,000
Rates
6 – 25%
