Transportation and Warehousing Loans
Small business owners working in transportation and warehousing face their own unique set of financial challenges. Transportation businesses tend to have large, up-front expenses that are necessary to keep the business running, but can quickly drain cash flow. Warehousing business have to secure funding for purchasing or leasing property, retrofitting existing buildings, or constructing new ones. Financing that is designed with transportation and warehousing businesses in mind can help with these industry-specific concerns.
Managing Up-Front Costs
If payments are slow coming in, having extra capital means you can still cover running costs without slowing your business down.
Having functioning equipment is essential to bringing in profits. Financing can provide the necessary funds to buy such expensive machinery.
Financing an Expansion
Funding can boost growth, helping to overcome the sometimes-prohibitive costs of buying new vehicles or a second warehouse location.
Business Funding From The Business Backer
There are three products available through The Business Backer that can be used to cover a transportation or warehousing business’s financial needs.
From Application to Funding in 3 Easy Steps
- Apply online.
One of our experienced Funding Advisors will call you shortly.
- Receive a decision.
Your Funding Advisor will help determine the best financing option after you submit 3 months of business bank statements.
- Receive your funds.
Sign your contract and receive funds as soon as next business day, if approved.‡