SBA 7(a) for Trucking
General purpose up to $5M. Trucks, trailers, working capital, refinance, acquisition, real estate.
- Up to $5M
- 10 yrs WC / 25 yrs RE
- Prime + 2.25–4.75%
- 45-90 day timeline
WESTVALVE FINANCIAL • SBA LOANS FOR TRUCKING
SBA Loans for Trucking Companies.
7(a), 504, Express, Microloan — trucks, trailers, real estate, working capital. Trucking-specialized SBA lenders who understand your lanes.
No obligation to explore your options. Financing is subject to provider approval and program requirements.
WESTVALVE FINANCIALTRUCKING SBA LOANS
RATES AS LOW AS PRIME + 2.25%
Government-backed capital for the long haul.
Lowest rates. Longest terms. Highest amounts. We match you with SBA-approved providers who specialize in trucking.
SBA LOANS FOR TRUCKING
Four programs. Built for the long haul.
Trucking has unique financing needs — trucks, trailers, terminals, working capital, fuel. We match you with SBA-approved providers who specialize in transportation.
SBA Express
Same uses as 7(a) but faster. 36-hour SBA decision, funding in 7-14 days.
- Up to $500K
- 7 yr revolving / 10-25 yr term
- Prime + 4.5–6.5%
- 36-hour SBA decision
SBA 504 Loan
Trucks, trailers, terminals, shops only. 50% bank / 40% CDC / 10% equity.
- Up to $5.5M
- 10, 20, 25 yr fixed
- Fixed, below market
- 60-90 day timeline
SBA Microloan
Startup-friendly. Up to $50K through nonprofit intermediaries.
- Up to $50K
- Up to 6 years
- 8-13% (intermediary sets)
- 30-90 day timeline
TRUCKING-SPECIFIC ADVANTAGES
Why SBA works for trucking.
01
Trucks & Trailers as Collateral
504 loan uses trucks/trailers as collateral — 10% down, 25-year fixed rate on heavy iron.
02
Terminal & Yard Real Estate
504 & 7(a) finance owner-occupied terminals, yards, shops — 10% down, 25-year fixed.
03
Working Capital for Fuel & Payroll
7(a) & Express provide working capital lines for fuel, maintenance, insurance, payroll.
04
Fleet Expansion
7(a) & 504 finance fleet growth — single trucks to full fleets, owner-ops to large fleets.
PROGRAM MATCH
Pick the right program for your fleet.
| Need | Best Program | Why |
|---|---|---|
| Heavy trucks (tractors, sleepers) | SBA 504 | Equipment = collateral, 10% down, 25-yr fixed |
| Trailers (dry van, reefer, flatbed) | SBA 504 | Equipment = collateral, 10% down, 25-yr fixed |
| Terminal / yard / shop purchase | SBA 504 | Owner-occupied RE, 10% down, 25-yr fixed |
| Working capital / fuel / payroll | 7(a) or Express | General purpose, revolving line option |
| Fleet acquisition / competitor buyout | 7(a) Standard | Up to $5M, general purpose |
| Owner-operator startup | Microloan | Up to $50K, startup-friendly |
| Speed needed (< 2 weeks) | SBA Express | 36-hour decision, up to $500K |
REQUIREMENTS
What trucking companies need to qualify.
Credit Score
- 7(a)/504: 680+
- Express: 650-680+
- Microloan: 620+
Time in Business
- 7(a)/504: 2+ years
- Express: 1-2+ years
- Microloan: Startup OK
Profitability
- 7(a)/504: Profitable
- Express: Profitable preferred
- Microloan: Path to profit
Trucking-Specific
- MC/DOT authority
- Insurance certs (auto, cargo, GL)
- IFTA compliance
- Contract backlog
DOCUMENTS
What you need to apply.
SBA Forms
- Form 1919 (Borrower Info)
- Form 413 (Personal FS)
- Form 912 (if applicable)
Financials
- 3 yr business tax returns
- 3 yr personal tax returns
- YTD P&L + Balance Sheet
- Debt schedule
Trucking-Specific
- MC/DOT authority
- Insurance certs (auto, cargo, GL)
- IFTA license
- Contract backlog
Project-Specific
- Equipment: Dealer invoice
- RE: Contract, appraisal, Phase I
- Acquisition: Purchase agreement
GET STARTED
Let's find your trucking SBA loan.
Tell us about your fleet, lanes, and financing needs. We'll match you with SBA-approved providers who specialize in trucking.
FAQ
Questions about SBA for trucking.
Can trucking companies get SBA loans?
Yes. Trucking is an eligible industry for all SBA programs. Owner-operators, fleets, owner-operators, and logistics companies all qualify. The key is demonstrating profitability, 2+ years in business, and 680+ credit for standard 7(a)/504 programs.
Which SBA program is best for buying trucks and trailers?
SBA 504 is ideal for heavy trucks and trailers — the equipment is the collateral, 10% down, 25-year fixed rate. SBA 7(a) also works for trucks and trailers up to $5M with 10-year terms. Equipment financing through SBA often beats conventional truck loans.
Can SBA loans finance trucking real estate?
Yes. SBA 504 is purpose-built for owner-occupied trucking real estate — terminals, yards, shops, offices. Up to $5.5M, 10-25 year fixed rates, 10% down (15% for special use). 7(a) also finances trucking real estate up to $5M with 25-year terms.
Can SBA loans finance trucking working capital?
Yes. SBA 7(a) and Express provide working capital for fuel, payroll, maintenance, insurance, and the gap between hauling loads and getting paid. SBA Express offers revolving lines of credit up to $500K with 36-hour decisions.
What credit score do trucking companies need for SBA loans?
Standard 7(a)/504: 680+ personal credit. SBA Express: 650-680+. Microloan: 620+. Strong cash flow, fleet value, and contract backlog can offset 650-679 scores. We've seen 650-679 approved with strong contract backlog and 3+ years experience.
Can owner-operators get SBA loans?
Yes. Owner-operators with their own authority qualify for SBA loans. 7(a) and Express work well for single-truck to small fleet operations. The key is demonstrating consistent revenue, tax returns showing profitability, and industry experience.