Business funding for moving and relocation companies
Moving companies deal with sharp seasonality, most of the year's volume packed into a few summer months, alongside expensive trucks and equipment that need regular replacement. Residential jobs are usually paid by card at the time of the move, while commercial and corporate relocation contracts often bill on terms.
- One application, several lenders
- No credit pull to see your options
- No fee to you, ever
Common funding needs
- Buying or replacing moving trucks and equipment
- Covering payroll and lease costs through the slow winter season
- Bridging payment on corporate relocation contracts billed on terms
- Staffing up ahead of the summer moving season
What usually fits
Products that usually fit
- Equipment financing for trucks, dollies and moving equipment; often the cheapest way to buy them.
- Line of credit for seasonal swings in payroll and lease costs.
- Invoice factoring for corporate relocation or commercial contracts billed on terms.
- Merchant cash advance only for urgent needs, sized so daily payments leave room to operate.
Compare term loans, lines of credit, cash advances and equipment financing side by side →
Separately, our sister company CELER Merchants offers card processing.
Illustrative example
A worked example
A moving company finances $65,000 for a replacement box truck over 5 years at an illustrative 8–18% a year. Payments come to about $1,318–$1,651 per month, or $79,078–$99,034 in total.
The same $65,000 as a merchant cash advance at an illustrative factor rate of 1.20–1.40 means paying back $78,000–$91,000, usually within 6 to 12 months, which can be a heavy load to carry through a slow winter of daily debits.
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
- Monthly card and bank deposits, and how much they swing by season
- Age and condition of the truck fleet
- Corporate or relocation contracts billed on terms, if any
- Existing cash advances or daily debits on the account
- Owner credit and time in business
Honestly
Who this is not for
- A company financing a truck payment sized for peak season when winter revenue cannot support it
- A brand-new company with no completed season of deposits yet
- Stacking a second cash advance on top of one you are still repaying going into the slow season
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
Moving companies funding questions
Can I finance a used moving truck?
Some equipment lenders finance used trucks, often with limits on age or mileage. Tell us the year, make and mileage.
How do lenders handle our seasonal revenue?
Lenders who work with moving companies expect the swing and look at the full year of deposits rather than just the slowest months.
Is a cash advance risky for a seasonal business?
It can be, since daily debits continue through the slow season regardless of that day's revenue. A line of credit you draw and repay as needed is often a better fit.
Can factoring work if most jobs are paid by card at the time of the move?
Factoring only applies to invoices billed on terms, so it fits corporate or relocation contracts, not card-paid residential jobs.
Guides
Guides for moving companies
Related
Similar businesses
Cleaning & janitorial · Daycare & child care · Staffing agencies · IT & managed service providers · Marketing & creative agencies · Printing & commercial print
Where we work: all US states · all Canadian provinces
See your options
Two minutes, no credit pull, no fee. We come back with real options from lenders that fit.