Term Loans | Lines Of Credit
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Minimum CriteriaAny business, small or large, can access needed capital by meeting the following minimum requirements:
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10k
monthly revenue |
550
credit score |
6 months
in business* |
* Current eTruckBiz clients can benefit from special deals and qualifying terms based on data contained in the eTruckBiz system!
* Current eTruckBiz clients can benefit from special deals and qualifying terms based on data contained in the eTruckBiz system!
Apply Today
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Frequently Asked Questions
Is it really as simple as filling out a form?
Yes. Because we understand your business in ways that banks and other lenders do not. We can streamline the process by utilizing your data to support lending decisions. What if I am not an eTruckBiz client? Can I apply for capital too? Absolutely. If you are not an eTruckBiz subscriber, you are welcome to apply. However, only eTruckBiz subscribers are eligible for special rates, terms and conditions. While we wouldn’t have your specific data until you subscribe, we do have a vast understanding of the transportation industry at large. This means we can still apply this knowledge to your situation and still possibly get you the capital you seek. How long does it take? Loans are typically funded in as little as 24 hours! Although, some may take longer based on complexity. What types of capital programs do you offer? Short and long term capital, lines of credit, acquisition capital & other specialty lending situations. Do you have programs that can be used for buying a Business? There are several different ways of funding the purchase of a transportation company. The most popular is the SBA 7(a) loan. However, circumstances, at times, call for alternate financing structure and products. Our affiliation with eTruckBiz and its access to important operational and financial information allows us to tailor various kinds of financing packages that may facilitate the acquisition of a business outside of the SBA 7(a) product. Do you offer SBA 7(a) loans? We have unique relationships with special lenders that offer this product in this space. FXG-centric transportation companies can be purchased with these loans and we have the only approval process that enables the These loans require a much more extensive approval process that is made easier by the data and actual operational experience from eTruckBiz and its various business units. Are there any special programs for B/C’s so that they can acquire existing businesses or spinoffs? Yes! We are uniquely positioned to be able to offer a package specifically for current or past BC's. Lenders like to see previous hands-on experience in the FedEx ground space. They favor this but also like to see some complimentary business training as well. The training / certification offered by the eTruckBiz Transportation Business Academy in conjunction with hands-on experience qualifies many BC's for financing options they may not otherwise have. Can I use eTruckBiz Capital for equipment financing? Yes, and we even have special programs tailored specifically to equipment financing. |