Owner-operators with steady load deposits can get revenue-based funding or factoring to cover fuel, repairs and insurance.
Check my optionsTrucking and logistics
Owner-operators face the same cash gap as large fleets, fuel, maintenance and insurance due now while broker payments arrive weeks later, but with less cushion. Working capital options exist, and choosing among them depends on authority status, freight sources and deposit history.
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.
A person reviews your revenue, time in business and bank activity, often within hours.
Your file goes to funders that fit it, so offers can be compared.
Net cash, total payback and payment shown before you sign.
Approved files are usually funded the next business day.
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.
Start with your setup. Owner-operators leased onto a carrier often receive weekly settlements from that carrier, which can make deposits steady and easier to underwrite. Those running under their own authority invoice brokers or shippers directly and may use freight factoring to get paid within a day or two. Authority age matters: many funders apply tighter terms to authorities under one or two years old.
Freight factoring is the most common working capital tool for independent truckers with their own authority. It converts delivered-load invoices into cash quickly, often with fuel advances, and approval relies mainly on broker credit. Read the terms for recourse, fees by days outstanding and whether all loads must be factored.
Fuel cards with discounts, parts and tire accounts with payment terms, and quick-pay programs offered by some brokers reduce the size of the cash gap without new debt.
For a specific large expense, such as an engine overhaul, a transmission or an insurance down payment, revenue-based funding sized on deposits can arrive within days. It considers credit from 500, but some funders restrict single-truck long-haul operations, so comparing several matters. Size the payment to your slow freight weeks and prefer weekly schedules that match settlement cycles.
Keep a maintenance reserve. Setting aside a fixed amount per mile or per load for maintenance turns unpredictable repairs into planned expenses and reduces the need for emergency funding.
MFE reaches multiple funders with one application, including those that work with owner-operators.
Owner-operators should also track cost per mile: fuel, maintenance, insurance, truck payment and other fixed costs divided by miles driven. Knowing that number helps decide which loads are profitable and how much working capital the operation truly needs.
Here is a weekly-payment offer for an owner-operator covering a major repair. Illustrative numbers.
| Amount funded | $125,000 |
| Factor rate | 1.38 |
| Total payback (amount × factor) | $172,500 |
| Fees deducted at funding (2%) | $2,500 |
| Net cash you receive | $122,500 |
| Weekly payment over 32 weeks | $5,391 |
| Same total as daily debits (~160 business days) | $1,078/day |
Illustrative numbers only. Your offer depends on your file; always compare net cash and total payback in writing.
| Freight factoring | Cash within 1-2 days, broker credit |
| Fuel cards and parts accounts | Discounts and terms |
| Broker quick-pay | Faster payment for a fee |
| Revenue-based funding | Large one-time expenses |
| Maintenance reserve | Set aside per mile or load |
Good fit:
Probably not yet:
Through factoring, fuel and parts terms, quick-pay and revenue-based funding.
Often, for steady cash from loads; read recourse and fee terms.
Revenue-based funding can arrive within days.
Yes, newer authorities often face tighter terms.
No, some restrict certain segments; compare several.
Keep a per-mile maintenance reserve.
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