A van or work truck can add jobs, deliveries or routes. It can also add a monthly bill that outlasts the work. The test is whether the vehicle pays for itself.
Apply Now →| Cost | When it hits |
|---|---|
| Purchase price, taxes and registration | At purchase |
| Commercial insurance | Before first use, then monthly or annually |
| Upfitting: racks, shelving, refrigeration, lettering | Before it can earn |
| Fuel, tolls and parking | Weekly, scaling with use |
| Maintenance and tires | Regularly, with spikes |
| A driver or helper | Weekly payroll |
Insurance rules, registration needs and licensing for commercial vehicles depend on the vehicle and your trade. Confirm with the state motor vehicle agency and your insurer.
For illustration only, with invented round numbers: a $55,000 upfitted van adds $9,000 of monthly revenue and $4,500 of added costs. That leaves $4,500 a month, so payback takes just over a year. If the extra revenue is only $6,000, the van barely covers its costs. Test the second case before you decide.
This page is about vans, pickups, work trucks and box trucks used for local jobs, deliveries and service routes, the kind that serve contractors, caterers, florists, cleaners and similar trades. Long-haul trucking has a different cost profile, with higher fuel, insurance and regulatory costs and long payment cycles, and this page does not promise funding for it.
Get an insurance quote for the exact vehicle before you buy, since commercial premiums can change the payback sharply. Check whether your town has any parking or weight limits that affect where the vehicle can be kept. Ask the seller about any recall work outstanding, and decide who will drive it and what happens to your routes if it breaks down for a week. A short list like this costs an hour and prevents several of the most common surprises.
A vehicle adds fixed costs that continue in slow weeks: insurance, any payment and storage. Look at your slowest month of the last year and ask whether the business could carry those costs then. If it could, the purchase is resilient. If not, plan a cushion or a later purchase date.
We fund $25,000 to $5,000,000, funded in as little as 24 hours. FICO 500+ is considered. We typically review about three months of business bank statements and do not require tax returns. The credit pull is soft, the application takes about five minutes, and sole proprietors can apply. Go to the application page when you have a quote.
No. Describe your plan and have a quote handy for your own planning.
Sole proprietors can apply.
This page covers local business vehicles and makes no promise of funding for long-haul trucking.
Compare total cost over the period you will keep it. An accountant can help.
Funding can arrive in as little as 24 hours.
Three months of business bank statements and a 5-minute application. FICO 500+ considered. $25,000 to $5,000,000, funded in as little as 24 hours.
Apply Now →It takes about two minutes and it will not affect your credit score.
No obligation • No impact to your credit score
