Food Truck Business Loans
The truck is the business. Financing it shouldn’t be harder than running it.
Get $5,000–$10,000,000 to buy your truck, cover permits and commissary costs, and fund your next location, funded in as little as 24 hours.
Simple, fast, and clear
How Food Truck Business Financing Works
A food truck business has two distinct capital phases. Launch means acquiring and equipping the vehicle, securing commissary space, obtaining health permits and licenses, and funding the first weeks of inventory before revenue stabilizes. Growth means a second truck, catering and private event contracts, or a move into brick-and-mortar. In practice: you’ve run one truck for two years, average $22,000 a month, and turn down private event bookings because one truck can’t cover them alongside your daily stops. A second used truck, equipped and permitted, costs $65,000. Your commissary is raising rates next month and annual permit renewals are due. The business case is clear; the capital gap between today and the day the truck generates revenue is the problem. SBG Funding provides $5,000 to $10,000,000, approves 85% of applications, and makes same-day decisions.
SBG Funding closes that gap directly. Equipment financing covers the truck itself with terms up to 60 months, and the vehicle serves as its own collateral. A business line of credit handles the rolling costs of commissary fees, ingredient inventory and event supplies without tying up working capital in a fixed-term balance. For operators moving into a permanent location or expanding to three or more trucks, SBA 7(a) financing provides long-term capital at favorable rates.
Traditional banks don’t have a lending template for food trucks: no real estate, cash-heavy revenue that is hard to document through standard channels, and a depreciating vehicle as collateral. Most operators get declined before an underwriter even reviews the application. A bank underwrites against two years of filed financials and a 680 credit score. Banks are not built to underwrite against revenue that arrives daily at the window and swings with the season, which means the businesses under the most cash flow pressure are the ones a bank is slowest to serve. Our working capital and term loan products are unsecured, with no lien on your truck, your home or your savings; equipment financing is secured by the equipment it funds. We never perform a hard credit pull. Applications take about 5 minutes.
See How We Stack Up
Traditional Bank
Typical Online Lender
Won't affect your credit score.
Food Truck Financing for Every Situation
Whether you’re buying your first truck, adding a second, or bridging a slow season, the right financing depends on where your business is right now.
Buying or Upgrading Your Truck
The truck is your kitchen, your storefront, and your entire operation in one asset. Equipment financing covers the vehicle purchase with terms up to 60 months, new or used, custom-built or pre-equipped. The truck serves as its own collateral, keeping your personal assets out of the equation.
Upgrading or Replacing Equipment
Private events, corporate catering, and festival bookings generate your highest per-hour revenue, but accepting them at scale requires a second truck. A business term loan or equipment financing covers the second vehicle so you can say yes to the bookings you’re currently turning away.
Bridging a Slow Season
Winter slowdowns, annual permit renewals, and commissary cost increases all arrive on their own schedule regardless of your revenue. Working capital or business line of credit covers fixed costs during low-revenue stretches so you enter your next busy season fully operational.
What Food Truck Operators Use Business Loans For
Food truck financing is flexible. Here are the most common ways operators put it to work.
All you need to Qualify
- No collateral
- No hard credit pull
- No upfront fees.
Applying will not impact your credit score.
$150K+
annual revenue
500+
min. FICO score
6+
months in business
4
bank statements
Applying will not impact your credit score.
“Bob Longo is THE BEST! Super communicative, super friendly, super swift, and also super awesome. He made what can feel like a stressful situation into an easy, peasy, lemon squeezy process and I am so grateful. If your small business needs help financially, I HIGHLY recommend going through Bob Longo.”
$3B+
Funded since 2017
via Trustpilot
Lucas was great with helping us secure funding for our business. He was flexible and was really able to understand what our funding needs were. Definitely recommend.
4.9
Trustpilot rating
5×
Inc. 5000 honoree
via Better Business Bureau
He was prompt, professional, personable and transparent. I look forward to working with him in the future!
85%
Approval rate
via Trustpilot
Stephen Tucker was a great help in getting some funding for our coffee shop! He was responsive and friendly, and worked to make sure that we were able to get the best available!
A
BBB rating
via Better Business Bureau
He was organized, transparent, and incredibly knowledgeable about the loan process. He took the time to explain every step, answer all my questions, and made what could have been a stressful process feel clear and manageable.
4.9
Google rating
via Better Business Bureau
He took the time to understand my needs, walked me through every option, and gave me a clear solution of where to go for my business financing in the future.
Just 3 Steps to Get Funded
Apply Online
Complete our quick online application in about 5 minutes. Basic information about your business and financing needs, no lengthy paperwork to get started.
Get Approved
Our team reviews your application and presents financing options matched to your business profile. We look at revenue, deposit history, and time in business, not just your credit score.
Receive your funds
Once approved and documents are signed, funds can be in your business bank account in as little as 24 hours.
Frequently Asked Questions
SBG Funding requires a minimum FICO score of 500. Credit score is one factor among many. Strong revenue, consistent bank deposits, and time in business can all support your application. For an operator with credit challenges, approval rests on deposit history and route consistency rather than the score.
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After approval and document submission, funds can be available in as little as 24 hours. The online application takes about 5 minutes, and most applicants receive a decision the same business day.
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No. SBG Funding’s working capital and term loan products are unsecured. Equipment financing for the truck itself uses the vehicle as collateral, which is standard and typically results in better terms, but no additional personal assets are required.
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Yes. Equipment financing is the most common structure for purchasing a food truck, new, used, or custom-built. Terms run up to 60 months, the vehicle serves as its own collateral, and same-day approval means you can move on a truck as soon as you find the right one.
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Yes. Custom builds, where a bare vehicle chassis is converted into a fully equipped mobile kitchen, are eligible for equipment financing. The completed vehicle serves as collateral. Build timelines vary; contact us to discuss timing the funding disbursement to your builder’s schedule.
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We evaluate bank statement deposits, not revenue type. As long as your cash sales are deposited into your business bank account consistently, they count toward your revenue picture. We look at the pattern and consistency of deposits across 4 months of statements, not the source of each transaction.
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Yes. Commissary agreements, health department permits, business licenses, and fire inspection fees are operating expenses eligible for working capital or business line of credit. These costs are predictable and recurring, a short-term loan is a clean way to cover them without disrupting your ingredient inventory budget.
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Yes. A second truck is the most common growth use case for food truck financing. Equipment financing covers the vehicle, and your existing route revenue demonstrates the capacity to service the additional payment. Most operators find the second truck pays for itself within 6 to 12 months of adding catering and event bookings.
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Yes. Transitioning from a truck to a permanent location is a natural growth path, and SBA 7(a) financing is built for it. You have a proven concept, an existing customer base, and documented revenue, which is exactly what the SBA program is designed to fund. Terms run up to 25 years for real estate or up to 10 years for leasehold improvements and equipment.
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SBG Funding offers food truck business loans from $5,000 to $10,000,000. Working capital amounts are based on monthly revenue, a food truck averaging $20,000 per month in deposits would typically qualify for $20,000–$40,000. Equipment financing for a truck is sized to the vehicle’s purchase price, independent of the working capital formula.
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Yes. Event-based and festival-circuit operators qualify under the same criteria as fixed-route trucks. What matters is your trailing deposit history, consistent incoming revenue from event payments, catering invoices, and daily sales all count. Event operators often have strong seasonal revenue spikes that support solid approval outcomes.
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Yes. Event-based and festival-circuit operators qualify under the same criteria as fixed-route trucks. What matters is your trailing deposit history, consistent incoming revenue from event payments, catering invoices, and daily sales all count. Event operators often have strong seasonal revenue spikes that support solid approval outcomes.
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Ready to Grow Your Food Truck Business?
Whether you need capital to buy a truck, add a second, or cover the costs of your next busy season, SBG Funding has food truck operators funded in 24 hours. Apply online in minutes. No collateral, no hard credit pull, no obligation.