Semi-truck financing
Whether it's your first tractor or the next five for a growing fleet, BH Trucking Capital packages your request and connects you with lending partners that finance new and used semi-trucks — dealer or private-party.
Pre-qualification is not a final approval. All financing is subject to credit approval, equipment review, and lender underwriting. Terms vary by applicant and equipment.
What gets a deal done
Semi-truck lending is collateral-driven. Knowing what underwriters weigh before you pick a truck can save weeks and help you avoid equipment that's hard to finance.
Age, mileage, engine hours, and maintenance history matter as much as price. Many lenders prefer tractors under roughly 10 model years and under 700k miles, though programs differ.
Time in business, CDL experience, existing contracts or lanes, and revenue documentation all strengthen a file. Startups can qualify with the right combination of factors.
Strong credit helps, but many lending partners review the full file — cash flow, collateral, and down payment can offset a lower score. Down payments commonly range from 0–30% depending on the profile.
New vs. used
Used tractors are where most owner-operators start. Purchase prices are lower, but lenders scrutinize the equipment more: expect questions about mileage, ECM reports, oil analysis, and whether the seller is a dealer or an individual. Private-party deals are financeable, but they usually require a bill of sale, title verification, and sometimes an inspection.
New trucks typically qualify for longer terms and simpler collateral review, but carry higher payments and faster early depreciation. If your lanes and contracts support the payment, new can be the cheaper truck to own per mile — if not, a well-maintained 3–5 year old tractor often hits the sweet spot between price and financeability.
Not sure what a payment could look like at different amounts and terms? Try the truck loan calculator — it's an illustration tool, not a quote, but it helps you frame a budget before you shop.
What happens next
You send the basics below. BH reviews the request and flags anything that could slow an approval before it goes anywhere.
Your request is matched with lending partners that fit the truck and your profile. You see down payment, term, and estimated payment clearly.
Once you pick an option, the lender collects final documents — title work, insurance, and funding conditions.
The lender coordinates payment with the dealer or seller. Complete files often see a decision within 24–48 hours; funding timing depends on documents and the seller.
Round out the deal
No pressure — but it's usually cheaper and faster to review the whole equipment need as one file.
Pre-approval
Send the basics and the BH team reviews your semi-truck request. Submitting costs nothing and doesn't obligate you to accept any offer.
FAQ
Often, yes. First-time buyer programs weigh CDL experience, driving record, down payment, and the truck itself more heavily than time in business. A larger down payment usually widens the options.
It varies by lender. Many programs prefer tractors under about 10 model years and 700k miles, but some partners review older or higher-mileage units with strong maintenance records. Ask before you commit to a truck.
Private-party semi-truck purchases can be reviewed. Expect additional steps: title verification, a bill of sale, and sometimes an inspection before funding.
There's no single cutoff. Lending partners look at the whole file — credit, revenue or contracts, down payment, and the equipment. Weaker credit usually means a larger down payment or shorter term rather than an automatic decline.
Complete files often receive a decision within 24–48 hours. Funding depends on documents, the seller's responsiveness, and lender requirements — a prepared file is the biggest speed factor you control.
BH Trucking Capital connects truck buyers with a network of lending partners and may act as a broker or lead generator. Final approval, rates, and terms are set by the funding lender.