Yes. Working capital can cover repairs, tires and insurance down payments so a truck is not parked waiting on money.
Check my optionsTrucking and logistics
A truck parked for repairs or a policy that lapses for lack of a down payment stops revenue immediately. Working capital can cover repairs, tires and insurance down payments quickly so the truck keeps earning.
Amount to request
$85,000.00
Funding range$25K to $5M
*Sample amounts shown. Your actual offer depends on your business and is reviewed before approval.
Advances, lines of credit and second-position options in one place.
Your file goes to funders that fit it, so offers can be compared.
Approved files are usually funded the next business day.
Existing balances of $100,000 or less can be bought out.
Fast decisions. Applying takes about 5 minutes.
A short application. A soft credit pull to start.
We review revenue, time in business and bank activity, not just a credit score.
You see the amount, the schedule and the full repayment amount before you sign.
Funding in as little as 24 hours for qualified businesses.
Know the true cost of downtime. Estimate what a truck earns per day after fuel and driver costs. If a tractor nets several hundred dollars a day and a repair would take a week to fund through slower channels, the lost earnings can exceed the cost of fast funding. That comparison guides how quickly to act.
Get firm numbers. For repairs, ask the shop for a written estimate with parts availability and time to complete. For insurance renewals, get the down payment amount, the financed premium schedule if using premium financing, and the effective date. Commercial auto insurance is required for operating authority, so a lapse can take trucks off the road.
Compare funding routes. Some repair shops and tire dealers offer their own financing; insurance premium finance companies spread annual premiums over months after a down payment. Revenue-based working capital, sized on business deposits, can cover the remaining gap quickly, with credit from 500 considered and funding as soon as the next business day.
Size and structure carefully. Request the repair estimate or down payment plus a modest cushion, not the maximum offered. Weekly payments timed to settlement or factoring deposits often fit trucking better than daily debits. Some funders restrict certain segments, such as single-truck long-haul operations, so comparing multiple funders matters.
Build a reserve for next time. Setting aside a fixed amount per mile for maintenance and a monthly amount toward the next insurance renewal turns emergencies into planned expenses.
MFE reaches multiple funders that work with trucking through one application.
Here is working capital sized to a repair estimate. Illustrative numbers.
| Amount funded | $25,000 |
| Factor rate | 1.30 |
| Total payback (amount × factor) | $32,500 |
| Fees deducted at funding (4%) | $1,000 |
| Net cash you receive | $24,000 |
| Weekly payment over 40 weeks | $812 |
| Same total as daily debits (~200 business days) | $162/day |
Illustrative numbers only. Your offer depends on your file; always compare net cash and total payback in writing.
| Downtime cost | Daily net earnings lost |
| Repair estimate | Written, with timeline |
| Insurance down payment | Amount and effective date |
| Shop or premium financing | Compare with working capital |
| Reserve | Per-mile maintenance, monthly insurance set-aside |
Good fit:
Probably not yet:
Yes, working capital can fund repairs quickly.
Yes, working capital can cover down payments.
A company spreads annual insurance premiums over months after a down payment.
Often the next business day after approval.
No, some restrict segments; compare several.
Keep per-mile maintenance and monthly insurance reserves.
Example uses for illustration only.
Before you apply:
One secure application. A soft credit pull to start. No obligation to accept an offer.
Apply for Funding