Moving Company Financing up to $500,000
Are you a moving company owner looking to strengthen and grow your operation? We’ve helped tons of moving companies do just that. We can approve you for up to $500,000 within 48 hours. Check if your business is eligible online with no obligations, impacts to your credit score, or application fees.

Many employees who used to commute Monday through Friday to office jobs now find themselves working predominately at home with endless options in front of them. Increased location freedom and a booming housing market have created a sky-high demand for moving services.
There has never been a better time to be in the professional moving business. New and established moving companies struggle to keep up with diverse customer needs. Moving company business loans can help drive business expansion by covering the cost of additional moving trucks, employee wages, and rising fuel prices.
What Are Moving Company Business Loans?
A moving company business loan can help you finance the start-up of your moving company, as well as expand or improve your operations. This type of loan can provide you with the money you need to purchase trucks, hire employees, and more.

Ways to Use Moving Loans to Your Benefit
One of the most significant expenses for a moving company is the cost of trucks. Payroll, packing supplies, fuel, and vehicle repairs are not far behind. As prices rise across the board due to inflation, moving loans can help small business owners keep operations running smoothly and have working capital available to cover employee wages and necessary expenses.
What Moving Company Financing Options Are Available?
There are many different options for funding a moving company, depending on its needs and where it is on its business journey.
Term loans, personal loans, equipment financing, and SBA loans are your standard installment loans. Common eligibility criteria for loan approval are good credit history, satisfactory business performance for at least two years, solid financial statements, loan purpose, and collateral to secure the loan.
Equipment loans use purchased equipment as collateral and do not require additional assets. Repayment for all loan types is satisfied through fixed-rate monthly payments for several years until the total loan amount plus interest is satisfied.
Both credit cards and business lines of credit charge interest only on the funds used. Generally, credit lines have lower rates than credit cards and are a better option if you can obtain one. By carrying credit balances month after month, smaller purchases can become very expensive. If you pay off your credit card balance each month, you will avoid paying interest.
For new businesses and borrowers with bad credit, invoice financing and merchant cash advances are alternative ways for professional moving companies to gain access to cash quickly.
Business cash advances are available up to $500,000 and can often be transferred to your business bank account by the next business day. Applications are generally quick and do not require extensive paperwork to submit.
Unlike conventional loans, approval is based on business health and earning potential, not credit history. Business bank accounts are debited daily or weekly to repay a merchant cash advance based on a percentage of sales earned. Payment amounts automatically adjust in response to fluctuations in business revenue.
How Do Moving Company Loans Work?
Moving loans work just like any other loan borrowed from a lender. After an application is submitted, the lender reviews the file and decides whether to approve the loan. If approved, funds are released, and the borrower is legally bound by a loan agreement to repay the total amount of the loan plus interest through fixed-rate monthly payments.
Qualifying for Moving Company Loans With the Best Rates
To improve your chances of receiving a better interest rate, moving truck businesses should have a good credit history, years of bank statements, and the ability to use collateral. A well-written loan application will help you convince a lender that loaning money to your moving company is a low-risk venture as well.
Where to Get a Moving Company Business Loan
A business owner can apply for a small business loan for their moving company through a traditional brick-and-mortar bank or credit union and online lenders. Different lenders will have different rates, loan terms, and application requirements. Putting in the research upfront to see which lender is the best fit for your business may save you thousands of dollars in the long run.

How to Apply for the Best Moving Company Funding
Eligibility Requirements
mCashAdvance™ requires the following requirements in order to approve you:
- You must be a U.S. citizen or legal resident
- A minimum age of 18 years old is required
- Your moving company must be at least six months old
- You must have a 500+ credit score or higher
Funding Limits
Your moving business’s financial health determines the amount of funding you can receive, but you may be eligible for up to $500,000.
Term Length
The repayment period you receive will depend on the amount of funding you receive and the amount of business you conduct.
Pros and Cons of Small Business Loans for Moving Companies
Advantages
Business Funding Options To Fit Your Moving Needs
Whether your business needs to purchase a few more moving trucks to expand the fleet, acquire additional storage units, or hire more professional movers – there are moving loans to suit your financial needs.
Access to Increased Working Capital
In comparison to other forms of financing, loan maximums are much higher. A variety of alternative lending methods and loans for moving companies can help small businesses overcome cash flow gaps until your profit margin can increase.
Disadvantages
Getting Approved for A Business Loan is Difficult
Approximately 85% of all small business loans were denied in 2021. Newer businesses and companies with significant financial needs often have their loan applications rejected by multiple lenders due to their increased risk and inability to qualify.
Interest Rates Are Directly Correlated To Credit History
Credit score and credit history are significant factors in determining how affordable a loan will be. Obtaining financing with poor loan terms can make borrowing very expensive for moving company business owners. Rather than allowing the business to grow and expand, existing debt may spiral.
Traditional Lenders Prefer Established Businesses
Financial statements and revenue projections are essential to traditional lending institutions. It will be impossible to meet this requirement if your company has less than two years of documented operating history. Unless you have tangible proof that your moving company will become profitable, turning your dreams into reality might be challenging.
Other Industries We Finance
Frequently Asked Questions for Moving Company Loans
You can make starting a moving company as expensive as you want to. The most significant purchase will be a vehicle for relocating customers’ items. Other supplies you may need include: packing materials, moving blankets, furniture belts, cardboard boxes, moving dollies, and rope.
Startup costs for a moving company generally include legal, licensing, and insurance fees, down payment on a moving vehicle, moving supplies, and employee wages. However, with careful budgeting, costs can be relatively low, with total expenses under $25,000.
A personal credit card can be used for brand new businesses that are just opening their doors and don’t yet have any money to put towards expenses. However, credit cards often have higher than average interest rates, potentially doubling the cost of smaller moving expenses over time. This should only be considered as an option if you can pay a good portion (if not all) of the statement balance each month.
A business can use a small business loan to finance a moving truck in almost all cases. While some SBA loans, such as the 504, restrict the use of funds, the majority do not. Additionally, equipment loans may have lower rates than traditional small business loans because the truck serves as collateral.
Lenders like to see a minimum credit score of 670 to get approved for a moving loan. A business cash advance is easier to acquire and has a lower minimum credit score of 500.
The maximum loan amount a moving business may qualify for is entirely based upon the strength of their application and the type of loan requested. SBA loans can be requested in seven-figure amounts but can very hard to qualify and get approved for.
A moving business can be a very profitable venture if services and finances are managed correctly. The average profitability of moving companies is highest among those who focus on winning contracts with local businesses. Additionally, moving businesses that offer services above and beyond moving furniture tend to be much more successful than your basic professional movers.

Funding Your Business Is Our Business
Business Loans for a Moving Company Can Help Grow Your Business
Your moving business can scale its services with the help of a variety of lending options. Moving company loans may be an excellent solution for moving company owners who want to introduce new trucks, hire additional staff, or plan a marketing campaign.
Contact mCashAdvance™ to apply for funding or to speak with an advisor and learn more about our innovative lending options.
Does Your Business Need Funding Today?
There’s no fee or obligation, and it won’t impact your credit.
$5,000 – $1,000,000
Talk to a rep at (855) 433-8641
Mon – Fri | 9:00am – 8:00pm