Business funding for limo and transport services
A limo or shuttle fleet is the single biggest cost in this business, insurance renewals land as one large bill, and bookings swing hard around weddings, proms and event seasons. Most transport companies fund the vehicles separately from the working capital that carries them through a slow stretch.
- One application, several lenders
- No credit pull to see your options
- No fee to you, ever
Common funding needs
- Buying or replacing a limo, sprinter van or shuttle bus
- Covering an annual commercial insurance renewal
- Payroll and fuel through a slower booking season
- Adding a vehicle ahead of a busy season
What usually fits
Products that usually fit
- Equipment financing for limos, vans and buses; the vehicle secures the loan.
- Line of credit for insurance renewals and seasonal swings.
- Working capital to bridge a slow season.
- Term loan for adding a vehicle ahead of peak season.
Compare term loans, lines of credit, cash advances and equipment financing side by side →
Illustrative example
A worked example
A company finances $80,000 for a replacement sprinter van over 5 years at an illustrative 8-16% a year. Payments run about $1,622–$1,945 a month, or $97,327–$116,727 total.
Separately, a $15,000 line of credit draw to cover an insurance renewal, repaid over 4 months at an illustrative 12-22% a year, comes to roughly simple interest of $600-$1,100 for that period.
Illustrative example only, not an offer or a quote. Rates, fees and terms are set by each lender and depend on your business. Fees are not included unless stated.
Underwriting
What lenders look at
- Booking volume by season and how it swings
- Commercial insurance status and renewal timing
- Age, mileage and value of the fleet
- Monthly bank deposits
- Owner credit and time in business
Honestly
Who this is not for
- A brand-new operator with no booking history
- Financing a vehicle the booking volume cannot support once fuel and insurance are paid
- Borrowing short-term for a cost that is really an annual, predictable expense better handled with a line of credit
If borrowing does not make sense, we will say so.
Are you a match?
Lender network minimums
Close but not quite there? Apply anyway and we will tell you honestly what is possible.
*Best available terms from lenders in our network. Every lender sets its own criteria; approval, amount and funding time are decided by the lender and not guaranteed.
| Time in business | 1 year+ |
|---|---|
| Monthly bank deposits | $20,000+ |
| Credit score | 500+ |
| Bank account | Business |
| Fee to you | $0 |
| Credit pull to start | None |
FAQ
Limo & transport services funding questions
Can a new limo company get vehicle financing?
Sometimes, especially with a down payment and decent personal credit. Some lenders want a few months of bookings first.
Do you finance used limos or vans?
Some lenders in our network finance used vehicles, often with limits on age or mileage. Tell us the year, make and mileage.
Can a line of credit cover my insurance renewal every year?
Yes, that is a common use. You draw it once a year and repay it as bookings come in.
What do lenders look at for a seasonal business?
They want to see the pattern across a full season, not just one slow month, so bring statements covering both busy and slow periods.
Guides
Guides for limo & transport services
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Where we work: all US states · all Canadian provinces
See your options
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