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Balanced Bridge Blog
FAQ on Funding for Truck Drivers and Trucking Companies
September 12, 2022

FAQ on funding for truck drivers and trucking companies. Here are some common questions and answers about Balanced Bridge’s funding for truckers and trucking companies.

Question: Are you a broker or direct funder? 

Answer: Balanced Bridge is a direct funder. We do not broker applications or deals to outside entities.

Question: How much can you advance?  

Answer: Our minimum advance is $1,500. 

Question: How long is the funding process? 

Answer: Once Balanced Bridge has received all the required documents, approval can be given within hours. Funds will be deposited directly into your account within two days or right away for an additional charge. 

Question: Do you do credit checks?   

Answer: Balanced Bridge does not run credit checks. 

Question: What are the documents I need to submit to get funding?   

Answer: For the initial approval process, we will need to review documents about the owner of the company and the business itself – application, business formation documents, owner’s driver’s license, proof of insurance, and bank statements for the past couple of months. Once initially approved for each funding request, we just need to see proof of a completed job.

FAQ on funding for truck drivers and trucking companies. Truck drivers or trucking companies interested in factoring their delayed invoices can find out more information on our website, by contacting us at 267-457-4540 or by emailing us at Truck drivers or trucking companies interested in funding can complete an application today. 

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Why Wait?

When you need money to pay the bills, see a doctor, grow your firm, or cover case cost expenses, the last thing you want to hear is “wait.” We offer a range of customized funding solutions so you never have to wait.