Truck & Trailer Financing
Trucks and trailers for owner-operators and fleets.
Financing for over-the-road tractors and trailers, sized to how trucking actually works: programs for owner-operators with one truck and tiers for established fleets.
Capco Capital is a commercial lending advisory firm that arranges financing as a loan broker, not a lender. Amounts, terms, and guidelines shown are general ranges that vary by lender, borrower, and (where applicable) property or collateral — they are not an offer or a commitment to lend.
Trucks and heavy equipment up to $150,000
A short path for the requests that can move quickly. Less paperwork up front, and we stay with you from application to funding.
Trucks and heavy equipment up to $150,000
Application only for many requests: no tax returns or financial statements up front. Decisions can come within days.
- Short application
- Driver's license
- The truck or equipment quote
- 3 months of bank or settlement statements
We're commercial lending advisors, not a lender. Timing and terms depend on the lender and your file; nothing here is a commitment to lend.
Why Truck & Trailer
Typical highlights — actual eligibility and terms depend on the funding partner and your qualifications.
Who it's for
Owner-operators and small-to-mid fleets with at least two years in business and their own authority. Local, dump, and vocational trucks usually go through standard equipment financing instead.
We arrange financing for businesses nationwide, except in California.
What lenders typically look for
General market ranges across the programs we place — not a quote, and not a promise of approval. Your specialist confirms what fits your file.
| Typical amounts | Up to about $250,000 per deal |
|---|---|
| Time in business | 2+ years; fleet programs look for longer history and 3+ power units |
| Credit | Around 620+ for owner-operators; tiers run higher for the best structures |
| Down payment | About 0–10%, depending on your credit tier |
| Equipment | Trucks generally 10 years old or newer and under 500,000 miles |
| Paperwork | Application, truck invoice or bill of sale, authority and insurance |
| How fast | Clean files often get a decision in one to three business days. |
How it works
The same five steps for every deal we place — including the parts other lenders gloss over.
Pre-qualify
Two minutes, no credit pull. You get an instant read on your options.
Consult & apply
Talk it through with one of our team members, then submit the full application for your specific loan type — guided the whole way.
Match & negotiate terms
We package your file and place it with the lenders most likely to approve your deal. Offers come back; we compare them side by side and negotiate structure and pricing. You choose — nothing moves without you.
Underwriting & documents
Link your bank or upload documents once. Lenders often request additional documentation in underwriting — normal on nearly every deal, and we quarterback each request so nothing stalls.
Close & fund
Final approval, e-signatures, and closing on a real timeline — working capital in days, property on schedule. Then the capital lands.
Documents you'll typically need
A starting checklist for truck & trailer financing — your specialist confirms the exact list for your funder.
- 01Signed applicationapplication
- 02Driver's license (CDL for truck drivers)id
- 03Truck/equipment invoice, bill of sale, or lease payoff letter (year, make, VIN, mileage)equipment
- 043 months of business bank statements (or carrier settlement statements)bank
Two ways to apply: application-only or full documentation
Truck and equipment deals can go in with a short application or a full documentation file. Here's the honest trade-off.
Application-only
The truck or equipment does most of the work as collateral, so many programs can decide on a short file with no tax returns.
What you send
- A signed application
- Your driver's license (your CDL for trucks)
- The truck or equipment paperwork: invoice, bill of sale, or lease payoff letter showing the year, VIN or serial number, and mileage or hours
- Usually 3 recent months of business bank statements or carrier settlement statements
What it usually gets you
- Faster decisions, often the same day on a clean file
- Much less paperwork to gather
Trade-offs
- Usually smaller maximum amounts, commonly up to about $150,000–$300,000 depending on the program
- Often a larger down payment
- Typically higher rates and shorter terms
- Fewer programs to choose from
- Stricter limits on truck or equipment age, mileage, and time in business
- A lender can still ask for more documents after it reviews the file
Full documentation
Everything in the application-only file plus the documents that show the whole business, so lenders can underwrite the full picture.
What you send
- Everything in the application-only file
- Business (and often personal) tax returns
- Financial statements: a current profit and loss and balance sheet
- Lease-on agreements, customer contracts, or backlog where they apply
- Proof of insurance, and any other items the lender lists
What it usually gets you
- Access to more programs and larger amounts
- Typically better rates, longer terms, and lower down payments
- Strong financials can offset weaker credit or a newer business
Trade-offs
- More paperwork to pull together
- More time, since the lender underwrites the whole file
Amounts, rates, terms, and down payments depend on the lender and your file. These are general patterns across programs, not a quote or a promise of approval. Read the full guide to application-only vs. full documentation.
Industries we often advise on for Truck & Trailer Financing
Where truck & trailer financing is one of the best-fit options for how the business earns.
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