Industry funding

Funding for Transportation & Trucking

The load delivers today; the broker pays in 30 to 60 days. Lúmen factors freight invoices for same-day cash and finances the rigs that grow your fleet.

The challenges

What transportation & trucking businesses are up against

Slow-paying brokers

Freight invoices sit on 30- to 60-day terms while fuel, maintenance, and drivers all need paying now.

Fuel & maintenance

Operating costs hit immediately and constantly, long before the haul gets paid.

Fleet expansion

Adding lanes means adding trucks — a major purchase that's hard to fund out of pocket.

Driver retention

Keeping good drivers means paying on time, every time, regardless of when brokers settle up.

By the numbers

How we help transportation & trucking

24 hrs
Freight invoice funding
90%
Invoice advance rate
$2M
Up to, for new rigs

Common use cases

  • Factor freight bills for same-day cash
  • Finance new or used trucks and trailers
  • Cover fuel and maintenance between settlements
  • Add lanes and grow the fleet
“Factoring our freight bills with Lúmen means we get paid the day we deliver. We added three trucks last year without ever chasing a broker for money.”
Ray K.
Owner-operator, regional carrier

Do you qualify? Most transportation & trucking businesses with 6+ months in business, $15,000+ in monthly revenue, and a 500+ credit score can qualify. Checking your offers takes about five minutes and won't affect your credit score.

Fund your transportation & trucking business

Tell us your goal and a funding advisor will match you to the right product — usually within minutes. Apply with no impact to your credit score.