Step 1: Apply online
The application asks for basic business and owner details, what the money is for and roughly how much you need. It takes a few minutes. Being specific helps: waiting on a big shipper's terms, carrying a new lane or equipping a contract each point to different products. Applying does not obligate you to accept anything.
Have your legal business name, EIN, operating authority details and ownership information ready. Start here.
Step 2: Share documents and get reviewed
Most fleet applications start with recent business bank statements and a government-issued ID for each owner. Equipment requests add a vendor quote, and larger term or SBA loans may add tax returns and financial statements. Funding partners review deposits, time in business, credit, existing payments and customer mix. Requirements vary by product and funder.
Complete statements, with every page, are the fastest path through review. Explain unusual weeks, like a storm shutdown or a large quick-pay deposit, up front.
Step 3: Compare your offers
When offers come back, we explain each one plainly: the amount you receive, total repayment, payment size and frequency, term and fees. We compare them side by side and flag trade-offs. You can ask questions, request a smaller amount or decline. Some approvals come within a day or two, depending on documents.
- Test the payment against your slowest recent month
- Compare total repayment, not just the payment
- Ask how early repayment is handled
Steps 4 and 5: Sign and receive funds
Once you choose an offer, you review and sign the agreement with the funding partner, who may confirm final details such as bank account ownership. Funds are then sent to your business account. The first payment date and schedule are stated in the agreement, so read that section before you sign.
If a line of credit is opened, you draw funds as needed afterward. See how a fleet line of credit works and all funding solutions.
Frequently asked questions
How long does the whole process take?
It depends on the product and your documents. Working capital and revenue-based financing can move within days, and some approvals come within a day or two, depending on documents. Equipment financing and term loans usually take longer, and SBA loans take longest.
Can I turn down an offer?
Yes. Applying and receiving offers does not obligate you to accept anything. If no offer fits your fleet's needs or budget, you can decline.
What slows a fleet application down?
Missing statement pages, unexplained deposits, unclear ownership, mismatched business names and undisclosed existing funding cause most delays. Sending complete documents up front avoids them.
How is the money sent?
Funds are typically sent electronically to the business bank account named in your agreement, after the funding partner verifies the account belongs to the business.
Take the first step
A short application is all it takes to see options from our funding partners.
Updated September 14, 2026 · I-95 Funding Team