Why freight and logistics companies in Austin qualify
Freight and logistics companies in Austin are classified under Freight Transportation Arrangement, an eligible category. Industry is therefore not the question; the four things every file is read on are. Local and regional freight is eligible. Long-distance TL and LTL trucking is restricted.
The cash-cycle problem
Broker and shipper terms run 30-45 days while fuel and drivers are paid immediately.
In Austin that usually means capital goes to fuel, driver pay between settlements, trailers, dispatch software, insurance premiums.
What applies in Austin
Austin runs on technology, a construction boom and a heavy events calendar.
Texas funds normally on every tier.
Operating authority and insurance filings apply.
The published thresholds
Tier 1: 650 FICO, 3 years in business, $300,000 a year or $25,000 a month, 8+ monthly deposits.
Tier 2: 600 FICO, 6 months in business, $60,000 revenue, $800 minimum daily balance.
Renewal: 550 FICO, 2 years in business, once 50% of the original balance is repaid.
There is no hard credit cutoff here. The 650/600/550 tiers are product criteria, not a floor on the business. Scores in the 500s are placed routinely, and files in the 400s are read on revenue, deposit consistency and time in business rather than on the score alone.
Questions
Do you fund freight and logistics companies in Austin?
Yes. Local and regional freight is eligible. Long-distance TL and LTL trucking is restricted.
What credit score is needed?
There is no hard credit cutoff here. The 650/600/550 tiers are product criteria, not a floor on the business. Scores in the 500s are placed routinely, and files in the 400s are read on revenue, deposit consistency and time in business rather than on the score alone.
How fast can funding arrive?
Same-day decision and next business day funding on a complete file.
What if revenue is seasonal?
Rate-cycle driven rather than seasonal. Underwriting reads the average and the deposit count, not the peak month.