Are You Seeking
If you own or operate a trucking business, you know just how vital it is to stay organized, stay on top of the trucks on the road, and maintain a staff of good drivers. Our nation’s economy doesn’t move unless trucks are on the road, so it is beneficial to capitalize on the massive demand for freight services and general trucking needs. With such an enormous shortage of drivers on the road today, you can gain an advantage on the competition if you properly maintain your fleet of trucks, hire the right drivers, and use the appropriate tools to manage your company. If your company own 4 or more trucks, Sutton Funding is here to help you capitalize on the industry.
Funding in as little as 24 hours
No Spending Restrictions
Lower Upfront Cost
Fund Truck Purchases !
Remaining competitive in this industry requires continuous investment in your company. Trucks and trailers need periodic maintenance, and parts often need to be replaced, payment for annual registrations and certifications, and many more factors play a role of owning this business. Other financial demands include payroll, liability insurance, fuel and toll expenses, licensing fees, the list goes on. So, to effectively manage these expenses and make the most of this market, you’ll want to partner with the right lender to give you the right capital to scale your business.
Unlike traditional lenders, like banks or credit unions, we don’t make you fill out stacks of forms or submit reams of unnecessary documents for a trucking business loan. Our process is part of what has made us so successful and working with businesses just like yours has helped to refine our process. Upon approval, you will have nearly immediate access to the funds you need. With this new gain in capital from Sutton Funding, you can do many things such as upgrade current trucks or complete repairs, hire new drivers to optimize travel time, settle outstanding debts, and purchase new trucks and equipment.
Discover Financial Options You Never Knew You Had…
Access working capital for equipment, inventory, renovations, or expansions.
Lump sum of capital you repay using a portion of your daily receivables.
Smaller sum of money you pay back, plus interest, with daily payments over 3 to 18 months.
Cash available for the day-to-day expenses of running a business and is a measure of both a company’s efficiency and short-term financial health.
Loan to help you afford new business equipment right away by using that equipment as collateral.
Borrow money for working capital, purchasing inventory or equipment, refinancing other debts, buying real estate, or even funding the acquisition of other businesses.
With invoice financing, you could get a fast advance of about 85% of the value of your invoices, with most of the other 15% paid to you later.
A Business Line of Credit works almost like a credit card, except you get access to cash and lower APRs. A line of credit is an arrangement with Sutton Funding that establishes a maximum loan the lender will allow the borrower to take. You can withdraw funds (as low or high as you wish) on the line of credit at any time, as long as you don’t exceed the maximum set in the agreement.