How much do you need?
We’ll start with a brief questionnaire to better understand the unique needs of your business.
Once we uncover your personalized matches, our team will consult you on the process moving forward.
Here are 7 dump truck financing options
Lender | NerdWallet Rating▼ | Max loan amount▼ | Min. credit score▼ | Next steps |
---|---|---|---|---|
Bank of America - Equipment loan | 4.5/5 Best for Low-interest dump truck financing | Undisclosed | 700 | Read Review |
National Funding - Equipment Financing with Fundera by NerdWallet | 4.5/5 Best for Startup dump truck financing | $150,000 | 600 | with Fundera by NerdWallet |
Triton Capital - Equipment financing with Fundera by NerdWallet | 4.0/5 Best for Dump truck financing for bad credit | $250,000 | 575 | with Fundera by NerdWallet |
JR Capital Equipment Financing with Fundera by NerdWallet | 4.0/5 Best for Zero down dump truck financing | $10,000,000 | 620 | with Fundera by NerdWallet |
CAG Truck Capital Commercial Truck Financing | Best for Used dump truck financing | Undisclosed | Undisclosed | |
Balboa Capital - Equipment Financing | Best for Fast dump truck financing | $500,000 | 620 | Read Review |
Commercial Fleet Financing Equipment Financing | Best for Customizable dump truck financing | $1,000,000 | 640 | |
Here are 7 dump truck financing options
Best for Low-interest dump truck financing
Best for Startup dump truck financing
Best for Dump truck financing for bad credit
Best for Zero down dump truck financing
Best for Used dump truck financing
Max Amount
Undisclosed
Min. Credit Score
Undisclosed
Best for Fast dump truck financing
Best for Customizable dump truck financing
Max Amount
$1,000,000
Min. Credit Score
640
I'M INTERESTED IN:
Our pick for
Low-interest dump truck financing
Established businesses with good credit can access competitive interest rates on Bank of America’s dump truck loans.
Bank of America - Equipment loan
Max loan
Undisclosed
Min. Credit score
700
Our pick for
Startup dump truck financing
National Funding can offer dump truck financing to startups with a minimum of six months in business.
National Funding - Equipment Financing
Max loan
$150,000
Min. Credit score
600
Our pick for
Dump truck financing for bad credit
You may be able to qualify for a dump truck loan from Triton Capital with a personal credit score of 575 or higher.
Triton Capital - Equipment financing
with Fundera by NerdWallet
Max loan
$250,000
Min. Credit score
575
Apr range
5.99-34.99%
with Fundera by NerdWallet
Our pick for
Zero down dump truck financing
JR Capital can help you finance the purchase of a new or used dump truck with no down payment required.
JR Capital Equipment Financing
with Fundera by NerdWallet
Max loan
$10,000,000
Min. Credit score
620
Apr range
6.99-18.00%
with Fundera by NerdWallet
Our pick for
Used dump truck financing
CAG Truck Capital specializes in commercial truck loans and can finance a variety of dump truck options. This lender also offers a unique program dedicated to financing used, high-mileage vehicles.
CAG Truck Capital Commercial Truck Financing
Max loan
Undisclosed
Min. Credit score
Undisclosed
Apr range
10.00%
Our pick for
Fast dump truck financing
Balboa Capital can approve dump truck loan applications in as little as one hour and issue funds within the same day.
Balboa Capital - Equipment Financing
Max loan
$500,000
Min. Credit score
620
Our pick for
Customizable dump truck financing
CFF offers dump truck financing with customizable terms and repayment options. The company’s lending representatives provide expertise in the construction industry to help you find the best loan option for your individual needs.
Commercial Fleet Financing Equipment Financing
Max loan
$1,000,000
Min. Credit score
640
What is dump truck financing?
How does dump truck financing work?
- Repayment terms. Terms on dump truck financing usually range from 12 to 60 months, but may be longer depending on the specific truck you’re purchasing. You’ll often make payments on a fixed monthly cadence, although some lenders offer flexible payment options, such as quarterly, annually or seasonally.
- Interest rates. Dump truck financing rates can range from 5% to 36% APR. The rate you receive, however, will vary based on your business’s qualifications, your down payment and the value of the dump truck you’re buying.
🤓 Nerdy Tip
To get the most competitive dump truck financing rates, it’s helpful to have good credit, strong finances and multiple years in business. If your credentials aren’t quite where you want them to be, you might consider offering a larger down payment (or offering one when it’s not required) or additional collateral (e.g. equipment, real estate, inventory) to qualify — which can also help you access better rates and terms. Learn more about how to get the best interest rate on your business loan.Where to get dump truck financing
Banks and credit unions
Online lenders
Specialized commercial truck lenders
How to finance a dump truck
- Credit score. Many dump truck lenders will want to see a credit score in the mid 600s or higher. Some lenders are more flexible, but these options may come with higher interest rates.
- Annual revenue. Dump truck financing companies may not have a specific annual revenue requirement or may not disclose one upfront. Nevertheless, most lenders will look at your revenue and cash flow as part of their underwriting process. A strong financial history can help you qualify for the most competitive trucking business loan options.
- Time in business. Because dump truck purchases can be expensive, lenders often prefer you to have at least a few years in business. If, however, you have good credit or can provide a large down payment, some lenders may work with younger companies.
Frequently asked questions
Methodology
Wondering if you qualify?
It’s possible to get a business loan even if you have bad credit. Bad-credit business loans are available from alternative sources, like online or nonprofit lenders.