INDUSTRY FUNDING
A parked truck earns nothing and still costs money every single day. Coast funds repairs, fuel, and receivables gaps at the speed downtime demands.
Trucking margins are won and lost in the gaps. Deadhead miles burn fuel with no revenue behind them. Brokers and shippers pay in 30 to 60 days while fuel, insurance, and the truck payment come due now. And detention time at a dock doesn't pause any of it.
Downtime is the brutal one. When a motor lets go or a transmission fails, the math turns fast: the load you were under is gone, the next ones go to someone else, and the fixed costs keep running while the truck sits. A five-figure engine job isn't just a repair bill — it's every day of lost revenue between the breakdown and the rebuild. Speed isn't a luxury in this industry; it's the whole point.
Owner-operators and small fleets are underwritten the same way here — on revenue, not on how many trucks sit on the insurance policy. Seasonal freight and spot-market swings are expected rather than held against you, and the review accounts for how long a freight bill actually takes to pay.
A blown motor, transmission, or aftertreatment failure — fund the repair plus a cushion, so one breakdown doesn't become two missed weeks.
Fuel is due today; the freight bill pays in 30 to 60 days. Bridge the spread without leaning on high-cost fuel advances.
Finance a tractor, trailer, or reefer over 2 to 5 years with the equipment itself as collateral — new or used.
Cover a large annual premium or down payment without draining the maintenance reserve.
Keep hauling while receivables catch up, instead of turning down loads because last month's freight hasn't paid.
Get ahead of tires, brakes, and service before inspection season — cheaper than a roadside failure and an out-of-service order.
| Your situation | The fit | Why |
|---|---|---|
| Truck in the shop, revenue stopped | Working Capital | Fast lump sum sized to the repair plus a cushion, 6 to 24 months |
| Adding or replacing a tractor, trailer, or reefer | Equipment Financing | Up to $5M over 2 to 5 years — the equipment is the collateral |
| Recurring gaps between fuel today and freight bills paying later | Business Line of Credit | Draw as needed, pay only on what you use ($200K+ revenue) |
| A planned move — a new lane, a driver, a second truck's soft costs | Business Loan | Lump-sum capital with a fixed payment schedule |
| A smaller need you'd rather handle fully online | Swell — our online revenue advance | 15-minute application, draw as needed, pay only for what you use |
A single-truck owner-operator in Central Florida had his motor let go — the repair quote came to about $18K, and every day in the shop was a day of lost loads. Coast structured $25K on a 14-month term: enough for the engine plus a cushion for the first weeks back on the road. He was funded in 4 days, even with an existing six-figure SBA loan already on the books. The truck went back to work; the SBA loan stayed undisturbed.
A small freight carrier in the Midwest needed $30K for equipment and didn't have a season to wait on a bank. Coast approved and funded it the next day on a 13-month term. The carrier kept its trucks moving and its commitments intact — which, in freight, is the entire reputation.
Coast works with established owner-operators and fleets. These are a floor, not a ceiling.
One truck or twenty, if you're close to these marks it's worth a conversation — your advisor reviews the full picture and gives you a clear answer either way.
Yes. Coast funds one-truck operations regularly — our trucking archive runs deep with owner-operators. You'll need at least a year in business, $100K+ in annual revenue, a minimum 600+ FICO, and a business bank account. Approvals are revenue-based, so a strong hauling year matters more than a big fleet.
Decisions typically come in minutes to hours, and funding can land as fast as the same or next business day on straightforward requests. Even a more complex situation — like an owner-operator with existing SBA debt — has gone from application to $25K funded in 4 days. When the truck is down, tell your advisor the date you need it by. Closing documents signed by 11 AM PT can fund the same business day.
Both. Working capital covers engine rebuilds, transmissions, aftertreatment work, tires, and the revenue gap while the truck is in the shop. Equipment financing covers purchases — tractors, trailers, reefers — over 2 to 5 years. Many drivers pair a fast repair loan now with equipment financing later, once the immediate fire is out.
Not by itself. Coast has funded owner-operators carrying six-figure SBA balances. What matters is whether your revenue supports the combined payments responsibly — our underwriting looks at the whole picture rather than declining on the presence of other debt. Responsible structuring is the point: we'd rather size a deal right than stack you into trouble.
Often, yes. If a factoring company already owns your invoices, you can't sell the same receivable twice — so a revenue-based program may be off the table. A Business Loan or a Business Line of Credit works differently and can sit alongside your factoring. Mention it on the first call and your advisor will point you at the right one.
Yes. Used tractors, trailers, and reefers qualify for equipment financing with the equipment serving as collateral, on terms of 2 to 5 years with fixed monthly payments. If you've found the right unit at auction or from another carrier, an invoice or purchase agreement in hand is usually enough for our equipment team to move quickly.
We understand spot-market and seasonal swings — flatbed season, produce season, the Q4 push. Underwriting looks at your revenue over time, not your slowest month in isolation, and payment schedules can be structured around how settlements actually arrive. A soft quarter in a solid year is a freight cycle, not a red flag.
A short application and recent business bank statements start the process — no hard credit pull to apply, so checking your options won't touch your personal credit score. For equipment deals, add the invoice or purchase agreement. Most owner-operators complete the application in minutes between loads.
A dedicated Business Funding Advisor can structure capital around how your business actually operates. No hard credit pull to apply.
*Closing documents must be completed by 11 AM PT Monday through Friday to receive funds the same business day. Weekend approvals will be processed the following business day.
Client examples reflect actual funded transactions with identifying details removed; individual results vary and are subject to underwriting approval.
Certain programs may be made available or arranged pursuant to California Financing Law License No. 60DBO-146720.