Key Takeaways
- L-2 EAD holders can own and operate trucking and logistics companies in the US
- Revenue-based funding replaces SBA loans (now blocked for non-citizens as of March 2026)
- Fund truck purchases, fleet expansion, fuel, and operating expenses
- 48-hour decisions based on freight revenue, not immigration status
- No green card required — L-2 EAD work authorization is sufficient
Trucking is one of the most accessible industries for L-2 EAD entrepreneurs. An owner-operator with a CDL can start generating revenue quickly. Many L-2 spouses have backgrounds in logistics, supply chain management, or transportation from their home countries — particularly those accompanying corporate executives transferred from Japanese automotive companies, German manufacturing firms, or Indian logistics conglomerates. They understand freight operations, they have connections to shippers, and they build trucking businesses that serve both general freight markets and specialized lanes connecting to their professional networks.
Bankable funds L-2 EAD trucking companies from owner-operators with a single truck to fleet operators managing 20+ vehicles. Our revenue-based funding evaluates your freight income, fuel card history, and factoring relationships. We make decisions in 48 hours without requiring citizenship or a green card.
Trucking Funding Uses for L-2 EAD Holders
- Truck purchases: Down payment assistance or full vehicle financing for Class 8 semis, box trucks, or refrigerated units
- Fleet expansion: Add additional units to scale capacity and capture more freight lanes
- Trailer acquisition: Dry van, flatbed, refrigerated, or specialized trailers for your freight mix
- Working capital: Fuel, insurance, maintenance, and driver payroll during long net-30 or net-60 payment cycles
- Authority and compliance: USDOT number, MC number, IFTA registration, and compliance consulting
- Factoring bridge: Capital to cover the gap before your factoring company releases funds
- Dispatch software and GPS: Technology investments for efficient fleet management
How Revenue-Based Funding Works for Trucking
Trucking companies often struggle with cash flow because freight payments arrive 30-60 days after delivery. Bankable's revenue-based funding bridges that gap. We advance capital against your revenue history and recover a percentage of your daily deposits — aligning our repayment with your actual cash flow rather than imposing fixed monthly payments during slow freight seasons.
| Factor | Requirement |
|---|---|
| Minimum Monthly Revenue | $15,000+ |
| Time in Business | 6+ months preferred |
| Immigration Status | L-2 EAD accepted |
| Funding Range | $25,000 to $5,000,000 |
| Decision Timeline | 48 hours |
| Repayment | % of daily deposits |
L-2 EAD Trucking: The International Advantage
L-2 spouse trucking owners often have connections to importers and exporters in their home countries. The spouse of an executive at a Japanese trading company may build a drayage operation servicing container ports with direct relationships to Japanese importers. The partner of a Korean electronics executive may serve freight lanes connecting warehouses for Korean consumer electronics brands. These specialized relationships create revenue stability and premium freight rates that general market carriers cannot access.
Related Funding Options
Frequently Asked Questions
Yes. L-2 EAD holders are fully authorized to own and operate businesses in the United States, including trucking and logistics companies. Your L-2 status provides work authorization incident to status under the 2022 DHS rule. You can obtain a USDOT number, MC authority, and all required trucking licenses as a business owner.
You need a CDL only if you personally drive commercial vehicles. Many L-2 EAD trucking business owners operate as fleet managers or dispatchers, employing CDL-licensed drivers. You can own and operate a trucking company without holding a CDL yourself.
Bankable funds L-2 EAD trucking companies from $25,000 to $5,000,000. Owner-operators with a single truck typically qualify for $25,000-$150,000. Fleet operators with multiple trucks and strong revenue can qualify for $500,000-$5,000,000.
Yes. We can fund down payments on truck purchases, full vehicle acquisitions, and trailer financing. Equipment used in the business serves as additional security in some cases, which can improve terms.
We need 3-6 months of business bank statements, your EIN, freight invoices or factoring statements showing revenue, and your MC/USDOT authority documentation. We do not require immigration documents in the underwriting process.
We set your repayment as a percentage of daily deposits. During weeks when freight revenue is high, you repay more. During slower periods, you repay less. The total repayment amount is fixed — only the timing varies with your cash flow.
Yes. We work with trucking businesses that use factoring. We can underwrite based on your factoring deposits and factor statements. In some cases, we work alongside your factoring arrangement to provide additional working capital.
Your funding agreement with Bankable is tied to your trucking business revenue, not your spouse's employment situation. A change in your spouse's employer does not affect your Bankable funding in any way.