Semi Truck & Commercial Vehicle Title Loans – Fast Cash for Big Rigs

If you own a big rig, semi-truck, or other commercial vehicle and need fast cash, a semi truck title loan or commercial vehicle title loan could be the solution. These loans allow you to use your vehicle’s title as collateral to access funds quickly, without selling your truck or halting operations.

At TFC Title Loans, we act as your title loan broker, connecting you with a nationwide network of licensed lenders. Our lenders comply with all state and federal regulations, ensuring you get the best loan terms and lowest monthly payments possible.

What is a Semi Truck Title Loan?

A semi truck title loan is a secured loan that uses your commercial vehicle as collateral. The lender holds your truck’s title until the loan is fully repaid, while you continue to operate your vehicle.

Other names for this type of loan include:

Commercial vehicle title loans
Big rig title loans
Commercial truck title loans

Benefits:

Quick access to cash for emergency expenses
No reliance on credit score – approval is based on vehicle equity
Flexible repayment options tailored to your business
Maintain operation of your truck while repaying the loan

“Big rig title loans can be a lifeline for truck owners in need of fast cash. They provide a practical solution without the lengthy approval process of traditional loans,” says Daniel Joelson, consumer finance expert.

For related loans, see our Car Title Loans, Motorcycle Title Loans, and Title Pawns & Emergency Title Loans Guide pages.

How Semi Truck & Commercial Vehicle Title Loans Work

Application – Apply online or by phone with details about your vehicle and personal information.
Document Submission – Provide your commercial vehicle title, driver’s license, proof of insurance, and proof of income. Business registration documents may also be required.
Loan Evaluation – The lender assesses your truck’s value based on make, model, year, condition, and mileage.
Approval & Funding – Receive approval and funds, often within 24 hours. Keep using your vehicle while repaying the loan.
Repayment – Follow the agreed-upon repayment schedule. Early repayment may be allowed without penalties, depending on the lender.

For a more detailed application process, see our Apply for a Title Loan page.

Eligible Commercial Vehicles

Most types of commercial vehicles can qualify:

Semi-trucks / big rigs / tractor-trailers
Box trucks / delivery trucks
Platform trucks / car haulers
Dump trucks
Specialty commercial vehicles

Requirement: The vehicle must be fully paid off with a clear title in your name.

Loan Amounts & Terms

Loan amounts typically range from 25% to 80% of the vehicle’s wholesale value
Short-term repayment (usually 24–48 months), with options to extend depending on lender
Funds can be used for:
- Repairs and maintenance
- Fuel and tolls
- Equipment purchases
- Hiring drivers or staff
- Marketing and business growth
- Cash flow management

Required Documents

To streamline the process, gather:

Government-issued ID
Vehicle title (lien-free)
Proof of insurance
Proof of income or financial statements
Commercial Driver’s License (if operating the truck)
Business registration documents (if applicable)

Risks & Considerations

Repossession Risk: Failure to repay may result in the lender taking your vehicle.
Interest Rates: Secured loans have lower rates than unsecured alternatives, but rates can still be high.
Financial Assessment: Ensure you can meet repayment obligations to avoid jeopardizing your business.

Daniel Joelson: “Commercial vehicle title loans can be a valuable resource for business owners needing quick funds. However, it’s important to carefully review the terms to protect essential business assets.”

Refinancing & Title Loan Buyouts

If you already have a semi truck title loan or another commercial vehicle loan, refinancing can help you:

Lower monthly payments
Reduce high interest rates
Access additional funds if equity remains

This is also called a title loan buyout and can help improve cash flow while keeping your truck on the road.

Learn more about Refinancing Your Title Loan.

Frequently Asked Questions

Visit our title loan FAQ page.

Q1: Can I keep using my truck during repayment?
Yes, you retain possession while the lender holds your title.

Q2: Can I get a loan with bad credit?
Yes, most commercial vehicle title loans prioritize vehicle equity over credit history.

Q3: How quickly can I get funding?
Approval and funding can occur in as little as 24 hours.

Q4: What vehicles qualify?
Trucks must be fully paid off with a clear title. Eligible vehicles include semi-trucks, tractor-trailers, box trucks, and specialty commercial vehicles.

Q5: Can I refinance an existing loan?
Yes, refinancing can reduce payments or provide additional funds.

Q6: Are there upfront fees?
No application fees with TFC Title Loans. Always confirm fees with your lender.

Alternatives to Commercial Vehicle Title Loans

Personal Loans: Traditional bank or credit union loans
Business Loans: May offer better rates for commercial purposes
Selling the Vehicle: Provides funds but forfeits ownership

Get Your Commercial Vehicle Title Loan Today

With TFC Title Loans, you can get approved for a big rig or commercial truck title loan quickly and efficiently. Our nationwide network ensures you get competitive rates, flexible repayment terms, and funds in your account fast.

For related loan options, check: