Funding for your situation
What a trucking company can do when advance debits are failing, how restructure options are compared, and a worked example with illustrative numbers.
✓ Checking what you qualify for does not affect your credit score.
Falling behind on an advance is more common in trucking companies than anyone says out loud. Settlements and broker or shipper invoices arrive on net terms while fuel and driver pay go out weekly. When one slow stretch lands on top of a daily debit, the account stops covering both the debit and the bills around it.
Merchant Fund Express is a funding marketplace: you apply once, and the file is matched to the structure that fits it. The sections below show what this situation usually costs, how a funder reads it, and what to prepare.
Settlements and broker or shipper invoices arrive on net terms while fuel and driver pay go out weekly. A reviewer sees that pattern in the statements before reading a word of the application.
Equipment is part of the picture. A failure such as a engine rebuild or a reefer unit can run $14,000 to $14,000 and interrupt revenue while it is down.
The documents that usually matter most for a trucking company are a tractor or trailer quote and recent settlement or invoice reports, alongside the bank statements.
Produce, retail peaks and holiday freight move rates and lanes. For a trucking company, that rhythm decides when a funding request reads best and how it should be repaid.
These are the same factors described on revenue and deposit requirements and time in business. Merchant Fund Express walks you through how your own file reads before you apply.
| Item | Illustrative amount |
|---|---|
| Remaining balance on an advance taken for down payment on a tractor (illustrative) | $13,500 |
| Daily debit | $150 a day, or $750 a week |
| Missed debits so far | $450 (three days, illustrative) |
| Fees under the agreement (illustrative) | $500 |
| Weekly cash a trucking company in a slow stretch can really carry | $450 |
What this shows. The gap between the debit and what the account can carry is the number any restructure has to solve, and for a trucking company it moves with the year: produce, retail peaks and holiday freight move rates and lanes. Compare it with MCA refinance, MCA buyout and the MCA payoff calculator.
Source: worksheet by Merchant Fund Express. Illustrative only: these figures are not an offer, and real amounts depend on your file and the funder.
What counts as default, what fees apply and what remedies the funder reserves.
A payoff letter beats a guess from the statement, especially if part of it went to a engine rebuild.
Settlements and broker or shipper invoices arrive on net terms while fuel and driver pay go out weekly.
Restructure the payment, replace the position or add room through a defined second position.
A complete file is what makes a same-day decision possible. If something is missing, tell us and we will work around it.
Sometimes, depending on the balance and how the account is behaving. Options include a MCA refinance, a buyout for balances of $100,000 or less, or a second position. Merchant Fund Express reviews the file the same day it is complete.
If the funder is escalating or has sent a legal notice, yes. This page is general information, not legal advice.
No. It changes which options fit and how the file is read. See funding after a defaulted advance.
The minimum FICO is 500, and better credit means better products and terms. See credit score requirements for how the tiers work.
Merchant Fund Express gives a same-day decision on a complete file. Applying takes a few minutes and will not affect your credit score.
