Funding for Courier & Last-Mile Delivery
Delivery is high-frequency revenue with a built-in lag: invoices pile up while fuel and driver pay leave the account every week. Working capital sized to that gap keeps routes running and lets you take on the next contract.
Last-mile delivery runs on a treadmill: fuel every day, driver settlements every week, maintenance whenever a van decides it is time — while the money you earned doing it sits in a shipper's accounts-payable queue for 30 to 60 days. Win a new contract and the treadmill speeds up before the new revenue lands: more drivers, more vans, more fuel, all on your dime through the first billing cycles. Banks look at thin margins and aging vans and pass. Broadway looks at your deposits: three months of bank statements, one short form, a soft credit pull, and a same-day decision across 50+ programs. Funding in as little as 24 hours keeps the wheels turning while the invoices catch up.
The challenge
Fuel goes on the card today, drivers settle up weekly, vans need tires and brakes constantly — and the shippers and contract customers who owe you for all of it pay net-30 to net-60. You run a daily-cost business on monthly money.
How Broadway Advance helps
Delivery is high-frequency revenue with a built-in lag: invoices pile up while fuel and driver pay leave the account every week. Working capital sized to that gap keeps routes running and lets you take on the next contract.
What owners use it for
- Cover weekly driver settlements and fuel while contract invoices age
- Add vans or box trucks to take on a new route or contract
- Bridge the first billing cycles after winning a new shipper
- Keep up with tires, brakes, and maintenance across a hard-working fleet
- Cover commercial auto insurance renewals that hit in one lump
- Fund dispatch software, scanners, and onboarding for new drivers
See your real number in about five minutes.
Apply nowFunding options that fit courier & last-mile delivery
Merchant Cash Advance
Immediate cash today in exchange for a small slice of future sales.
Up to $2,000,000 →Equipment Financing
Buy the equipment you need; the equipment itself secures the deal.
Up to 100% of equipment cost →Business Line of Credit
A revolving cash reserve you only pay for when you draw on it.
Flexible limits →Courier & Last-Mile Delivery funding questions
We just won a contract that doubles our volume. How do we fund the ramp without choking?
This is the classic courier problem: the contract is great and the first sixty days of it are brutal. You hire drivers and add vans now; the shipper pays after their first billing cycle clears. Fund the two pieces separately — equipment financing for the vans at up to 100% of cost, and an advance or credit line for driver pay and fuel through the gap. Bring the signed contract with your statements; a committed revenue stream makes the underwrite straightforward.
Our margins are tight. Is an advance going to eat what is left?
It can if you size it wrong, and we would rather lose the deal than pretend otherwise. An MCA costs more than bank money — on thin delivery margins it only makes sense when it funds something that adds revenue or prevents a bigger loss: a new contract's ramp, a van repair that keeps a route alive. If the need is ongoing working capital against slow invoices, a line of credit is usually the cheaper fit. Send three months of statements and we will price both honestly.
Do you fund owner-operators, or only fleets?
Both, within reason. Underwriting runs on business bank deposits, so a single-van operator with steady contract revenue flowing through a business account can qualify, and equipment financing for a van works at any fleet size. What matters is separation and volume: business income in a business account, three months of real deposits. If you are running everything through a personal account, fix that first — it is the single biggest thing holding solo couriers back from approval.