Industry funding

Cash for the miles you've already run.

Fuel and drivers are paid now; brokers pay in 30 to 60 days. We factor your freight bills for same-week cash and finance the equipment that grows your fleet.

01 / Challenges

The funding challenges trucking companies face.

Trucking pairs high upfront operating costs with slow-paying freight brokers — a cash-flow squeeze that idles trucks.

Slow freight payment

Brokers and shippers commonly pay on 30–60 day terms while fuel and wages are due immediately.

Fuel & maintenance up front

Diesel, repairs, and tires are paid out of pocket long before the load settles.

Costly equipment

Tractors and trailers carry six-figure price tags that strain a young fleet's cash.

Thin per-load margins

When margins are tight, a single slow-paying broker can stall the whole operation.



03 / In practice

Transportation & Trucking by the numbers.

30–60
days is a typical wait on broker payments
Up to 90%
of a freight invoice advanced in 24–48 hrs
$1M
available to finance tractors and trailers

Common ways trucking companies put capital to work

  • Factoring freight invoices for same-week cash
  • Financing tractors, trailers, and reefers
  • Covering fuel and maintenance between settlements
  • Adding trucks to take on more lanes

Testimonial

Factoring with Meridian changed everything. Instead of waiting two months on brokers, we get paid in a day or two and keep the wheels turning. We've added four trucks since.
Dwayne Carter
Owner-Operator, Carter Freight Lines

04 / Eligibility

Do you qualify?

Most trucking companies that meet these baselines can get funded. If you're close, apply anyway — we read the whole business.

  • 6+ months in business under current ownership
  • $15,000+ in average monthly revenue
  • 500+ personal credit score
  • A U.S.-based business with an active business bank account
Factoring leans on your brokers' credit as much as yours — so even a newer carrier with solid customers can get funded fast.

Built for trucking companies

Keep the fleet rolling.

Apply in five minutes and get matched with an advisor who understands freight cash flow.