Are you an owner operator in Texas looking for fast funds for your business? Do you need to hire more drivers, fix equipment, and pay bills in a hurry? We offer up to $25,000 the same day, Monday thru Friday, and even if you have bad credit and no collateral we can help! Here’s our trucking merchant cash advance same day option for you.
Texas has the most trucking companies in America, with every 10 people out of 1000 employed in the trucking industry. There are 66,000 trucking companies alone in Texas and Texas truck drivers moved 46% of all freight moved in America in 2011. By 2040, that number will increase to 56% of all freight moved.
However, the average income of a truck owner-operator is $168,000 a year. That might sound like a lot but when you take into account all the overhead and truck maintenance you are walking away with very little. That is why we have a trucking merchant cash advance same day for Texas owner-operators in 2023.
What is Trucking Merchant Cash Advance Same Day Funding
Merchant cash advances began around 2008 and have picked up steam quite a bit in the last couple of years because big banks have stopped lending to most small companies.
Merchant cash advances are one year or less business advances based on your monthly revenue. MCAs are also great for trucking companies that don’t have collateral, have a low credit score, and can’t wait weeks or months for a bank loan.
MCAs can be issued in one business day – if you apply around 9am chances are good you get funded by the end of the business day (if you meet the simple requirements).
MCA’s are business advances that are paid back through ACH in your business checking account on a daily or weekly basis which allows you to not worry about making physical payments online or at a bank.
MCA’s use factor rates instead of interest rates and the typical range is from 1.19 to 1.50. So, if you borrow $10,000 and pay it off in 30 days, you would pay back a total of $11,900 (10,000×1.19) for example. The longer it takes to pay off the higher the factor rate.
Working with Us for your Trucking Merchant Cash Advance
I personally have obtained my CDL Class A license which was empowering and exciting, although I never got a job, I love the trucking industry. I live outside of Brenham, Texas right next on Highway 290 and am amazed at the amount of trucks I see. One out of two vehicles is a commercial truck!
We are committed to helping every truck company that moves freight across America get a trucking business cash advance because we are still proud to be American and are devoted business owners ourselves. We personally feel the loss when we see a business closed permanently.
It takes 5 minutes to apply on our application. There is no hard credit check so it won’t affect your credit. If you meet the simple requirements of being in business for 6 months or longer, have a credit score of 450, and generate $5,000 per month in the last 3 months and have a business checking account and EIN then your chances are really good you can get funds today.
After you apply, you will be able to see the funding amount if you qualify. It is your choice to accept it or decline it. If you decide you want to take the offer you will be working with a dedicated account manager and you will have access to additional funds in the future.
I wish you all the success and god bless! Click the link under here or click the banner to the right to see the loan application site.
APPLY for Merchant Cash Advance Same Day Funding.