Food Truck Financing
“Food trucks can be a very economical way of earning money, since they require little investment in comparison to most other businesses”- this sentence is just a myth.
In order to start a food truck business, one has to buy a vehicle, spend money on its re-modelling in order to make it into a food truck, invest in equipment and kitchenware that’s necessary and then hire a couple of people to run it. It can be a very expensive affair. However, it is highly unlikely that you will receive a loan for a food truck business from a traditional lender since it is still seen as a small scale business by most.
That’s when we step in! We help you pursue your dream of starting a food truck business by offering the funds that you require for the same.
Small Business Loans for Food Trucks
If you’re planning to start a food truck business, here is what all you may need to invest in:
- A vehicle such as a jeep, gypsy or a mini truck
- Re-modelling the vehicle
- Buying equipment and furniture such as a display fridge, stoves and more
- Labor to do the job
- Fuel
- Electricity
- Kitchenware
- Serving Dishes
- Licenses
In order to do so, finances are required which if you’ve been denied of by traditional lenders, you can easily find here. Take a small business loan for your food truck from Business Advance Funding today and get funded within just 24 hours.
Why Take Business Loans for Your Food Truck Online?
What are the benefits of applying for a food truck business loan online?
- You don’t have to wait in long queues
- You do not have to travel to a store
- You can get funded for bad credit
- You can get funded without having to provide collateral
- You can apply at any time and from anywhere
- You can get funds transferred directly into your bank account
Food Truck Financing for Bad Credit Holders
Having a bad credit rating can make life tough when you need a loan. If you’ve opened a food truck and need to upscale or are looking at investing in multiple food trucks, you need funding and a bad credit rating only reduces your chances of getting a loan.
However, there’s no need to worry as now you can get a chance to get funded even if you have bad credit. Just apply for a loan with us, and we shall provide you with funds even if you have a bad credit rating, as long as you meet the basic requirements that we ask you for.
Business Loans for Food Trucks up to $2M
A food truck needs quite a lot of financing to run, as discussed earlier. That’s why, we offer our borrowers who are planning to invest in their food truck business, up to $2M in order for them to be able to freely invest in the amenities they require without having to compromise.