Security & Transport Services
Business Funding for Moving Companies
Moving companies need trucks, and trucks are the biggest expense in the business. A 26-foot box truck costs $40,000 to $60,000 used, and a new one runs $80,000 or more. Beyond the trucks, you need dollies, blankets, straps, packing materials, and a warehouse for storage revenue. Seasonality is real because most moves happen between May and September, and you need to keep trucks and core crew members through the winter. Interstate moves require FMCSA authority and additional insurance that adds to the overhead.
Common Uses
What Moving Companies Use Funding For
- Purchase or lease box trucks and tractor-trailer combinations for long-distance moves
- Cover warehouse lease costs for storage-in-transit and long-term customer storage
- Hire movers, drivers, and dispatchers during peak moving season
- Fund FMCSA operating authority, cargo insurance, and DOT compliance requirements
Funding Options
Best Funding Types for Moving Companies
Commercial Vehicle Financing
Finance box trucks and moving equipment trailers with the vehicles as collateral. Moving truck lenders understand the utilization patterns and can structure terms that account for the seasonal revenue cycle of the industry.
Business Line of Credit
A revolving line covers payroll and operating expenses during peak season when you are hiring temporary labor and running trucks at full capacity. Draw during the busy months and repay during the steadier off-season.
SBA 7(a) Loan
Fund the purchase of a moving company, a warehouse facility, or a fleet expansion. SBA loans work well for established movers who are acquiring a competitor or expanding into a new service territory.
What Lenders Look For
Qualification Notes for Moving Companies
Related Industries
Related Security & Transport Services Funding
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