Transportation Business Financing to Expand Your Business

Transportation Business Loans Fuel Your Company's Growth

Transportation companies are vital in getting people and products from place to place. Running a successful passenger transportation or shipping and delivery service demands cash flow flexibility. Business owners need to have the resources to pivot at a moment’s notice. A transportation business loan provides the capital to keep your business running efficiently – and ensure that nothing gets stranded on the side of the road. Transportation businesses may face inconsistent cash flow, rising costs, or increases in demand. Having extra cash on hand makes it easier to face these challenges and still deliver quality service to your customers. A business loan for transportation companies can help you get the capital you need to make ends meet and reach your business goals.

Who Uses Transportation Business Loans?

Using transportation business loans is crucial for any transport company’s finances to stimulate working capital and keep cash flow steady throughout the year. Passenger transportation and commercial trucking companies that rely on specialized small business financing may include:

• Independent taxi companies
• Limousine services business
• Long-haul trucking fleets
• Local delivery services
• Wholesale distributors
• Commercial passenger transit – charter bus operators
• Commercial mechanics and technicians

Putting Transportation Business Financing to Work

The use of transportation business loans for taxi cabs, luxury transportation and long-haul trucking companies, help those organizations grapple with the financial challenges faced by many small business today. There’s many common issues or financial challenges presented to the transportation business owner. Additional working capital can help mitigate these challenges and put your business at the forefront of your competitors. Some common business needs that a QuickBridge financing solution is used for includes:

• Paying for fleet upgrades and new vehicles.
• Keeping maintenance and repairs on schedule.
• Preparing for unexpected and costly emergencies.
• Maintaining steady cash flow to meet payroll despite unpaid invoices.
• Upgrades for booking software and vehicle technology.
• Branding existing vehicles to advertise your services.
• Investing in marketing.
• Improve customer service by hiring talented employees.

How to Apply for Transportation Financing

Applying for a transportation business loan is simple with QuickBridge. First, check to see if you meet the minimum qualifications:

• At least six months in business
• Minimum $250K in annual sales
• Fair to excellent credit

Our online application is quick and only takes a few minutes. We recommend having your credit score and business bank statements on hand in order to complete your application even faster.

The QuickBridge Difference for Business Financing

Extra working capital makes it easy to meet your financial goals and increase cash flow in your business, but actually applying for and receiving business working capital is rarely so simple. Major financial institutions are hesitant to lend to small, recently established transportation companies, despite how prevalent they may be. That leaves business owners in a bind when bills pile up and cash is in short supply. Transportation business owners with inconsistent cash flow or transport businesses that need personalized support may find traditional loan experiences fail to meet their needs.

QuickBridge offers an alternative to transportation small-business owners accustomed to frustration when seeking financing. Our easy application process and knowledgeable customer support team helps these businesses get approved for transportation business loans in no time. Straightforward, no-nonsense loan terms take the confusion out of borrowing, leaving small-business owners with more time to put those funds to work.

Small business loans for transportation companies make sense when they come from a business that puts customers first. At QuickBridge, we offer customized financing solutions designed to meet your unique business needs. Our award-winning team works to find the best loan terms for small businesses and works fast to ensure you’re getting solutions as fast as possible.