Why Commercial Trucking Business Loans With Good & Bad Credit Are The Financing Aid Your Need

Whether you are looking to start your own trucking business, or simply want to expand and get financing to invest in new equipment, the road might seem like a bumpy one. Purchasing commercial vehicles and equipment to kick start your business or finding a way to tackle the expensive truck repair costs and upgrades is not an easy task. No matter what the situation may be, a loan for truckers can offer some much-needed relief amidst an overwhelming year.

Why Commercial Truck Financing Is Important

Trucking represents 80.4% of the nation’s freight bill. There are between 300,000 and 500,000 long-haul truckers in America with more than 450,000 new commercial driver’s licenses every year. That goes without saying that staying on top of the competition is a must. Financing for bad credit offers an opportunity for startups and pros to receive a helping hand and establish their businesses in a highly competitive field. 

Remember, more trucks mean more opportunities to cater to new clients, thus, an increase in your profit as well as a much-needed expansion of your current market. With more fleets added to your trucking business, you are most likely to get a larger return on investment in the long run. That’s where truck driving financial aid really shines.

Truck Financing services and Business Loans For Truckers

While traditional lenders more often than not require an overload amount of documentation, as well as a stellar credit score to begin the process, the timeframe itself is also a lengthy one – if you are approved. A loan for truckers can the assistance you to cover all your business costs including leasing opportunities specifically for financing a fleet of trucks for your business. So, how can you get truck financing easily? 

At Sharerig we want to help you cut through the noise and choose the right truck loan for your business – minus the many inconveniences. Our loans for truckers are hailed for their easy, simple, and secure online application process with fast approval. We will be with you every step of the way,  right from the moment we receive your application till the money is in your bank account. 

We provide the financing, you choose the right equipment according to your needs. Interested in leasing new or pre-owned equipment? Maybe semi trucks or trailers? Rest assured that you will get truck finance funding without limitations on the amount so you can stand out with your services and beat the competition. Do you want to get a glimpse of how much we are willing to invest in your business? Our loans for truckers start from as little as $5000 and can go up to 5 million.

Financing For Truckers With Bad Credit: Is it Possible?

Worried about getting a truck loan with bad credit? Rest assured that you can. After the application process, one of our financing specialists will get into contact with you to go over all the specifics in order to offer advice to you and support you through the whole process. We will prepare all the necessary documentation, including credit history so that you get the desired trucking business loan.

More on truck financing you can read here:

Semi Truck Financing: A Comprehensive Analysis and Current Rates Overview

Semi Truck Financing: A Comprehensive Guide

How to Secure a Truck Driving Career

Want to know more?

UPS Sells Coyote to RXO: A Seismic Shift in the Trucking Industry

UPS Sells Coyote to RXO: A Seismic Shift in the Trucking Ind ...


RXO’s $1.025 billion acquisition of Coyote Logistics from UPS is reshaping the U.S. freight brokerage landscape. With a 22% stock surge and ... more ...

The future of electric semi trucks in 2024

The future of electric semi trucks in 2024


Explore the future of freight with electric semi-trucks: sustainable, efficient, and revolutionizing logistics. Dive into the technology and ... more ...

Leading Trucking Hubs: America’s Top 5 Logistics Leaders

Leading Trucking Hubs: America’s Top 5 Logistics Leaders


In the vast and dynamic landscape of American logistics, the trucking industry stands as a critical pillar, driving the economy forward with ... more ...

10 First-Year Finance Tips for New Truckers

10 First-Year Finance Tips for New Truckers


Your first year in the trucking business can be a breeze with a little planning and a lot of smarts. Stick to these 10 financial must-dos, a ... more ...

5 Steps to Shift from Leasing to Owning Your Truck: The Lease-to-Purchase Guide

5 Steps to Shift from Leasing to Owning Your Truck: The Leas ...


In the dynamic world of trucking, the lease-to-purchase route offers a unique blend of flexibility and commitment. It’s a solution that sits ... more ...

7 Key Features to Seek in Your Truck Financing Provider: Discovering ShareRig

7 Key Features to Seek in Your Truck Financing Provider: Dis ...


Explore 7 key features for choosing the right truck financing provider and discover why ShareRig is the ideal choice for your needs. more ...

Read more in our blog