Funding for Limo & Charter Transportation
Charter work is capital-heavy and event-driven — six-figure vehicles earning on a seasonal calendar. Equipment financing carries the fleet at up to 100% of cost; flexible working capital carries the months between busy seasons.
Nobody outside this business understands what the fleet costs. A motorcoach is a six-figure purchase, a stretch or executive sprinter is not far behind, and commercial livery insurance runs all twelve months while the revenue stacks up around weddings, proms, corporate seasons, and event calendars. Your best clients — the corporate accounts — ride today and pay net-30. Banks see specialized vehicles and seasonal books and slow down; your booking calendar will not wait for them. Broadway funds transportation operators off three months of bank statements, one short form, and a soft credit pull, with a same-day decision. Equipment financing up to 100% of cost puts the vehicle in service, and funding in as little as 24 hours means before the season, not after it.
The challenge
A motorcoach or stretch costs as much as a small building, the insurance bill lands whether the vehicles roll or sit, and the revenue clusters around wedding season, prom season, and corporate calendars. Corporate accounts then pay net-30 after the ride.
How Broadway Advance helps
Charter work is capital-heavy and event-driven — six-figure vehicles earning on a seasonal calendar. Equipment financing carries the fleet at up to 100% of cost; flexible working capital carries the months between busy seasons.
What owners use it for
- Finance a motorcoach, sprinter, or stretch addition at up to 100% of cost
- Cover chauffeur payroll and fuel while corporate accounts pay on net terms
- Pay commercial livery insurance premiums that land in one heavy bill
- Refurbish interiors and wraps before wedding and event season
- Carry the fleet through the slow months between event calendars
- Fund maintenance, DOT compliance, and inspections across the fleet
See your real number in about five minutes.
Apply nowFunding options that fit limo & charter transportation
Equipment Financing
Buy the equipment you need; the equipment itself secures the deal.
Up to 100% of equipment cost →Term Loan
The lowest rates and longest terms, with predictable monthly payments.
Up to $5,000,000 →Merchant Cash Advance
Immediate cash today in exchange for a small slice of future sales.
Up to $2,000,000 →Limo & Charter Transportation funding questions
Can we finance a used motorcoach? New is out of our range.
Yes. Most operators buy used coaches, and equipment financing is built for it — the vehicle is the collateral, used units from reputable dealers qualify, and Broadway can structure up to 100% of the cost. That keeps your cash where the financing cannot follow: insurance, chauffeurs, fuel, and the refurbishment that actually books the weddings. One short form, three months of bank statements, soft credit pull, and a same-day decision, so you can move while the coach is still on the lot.
Our revenue swings hard between event seasons. How does repayment handle that?
Two different answers for two different products. A merchant cash advance remits against your revenue, so slow months take less out of the account than booked-solid ones — that flexibility is what you are paying its higher cost for. Equipment financing and term loans carry fixed payments that do not care about your calendar, which is the trade for cheaper money. Most operators we fund pair them: fixed financing on the vehicle, flexible capital for the seasonal gaps.
The insurance renewal hits next month and it is brutal. Is that a sane use of funding?
Sane and common. Livery insurance is one of the heaviest single bills in this business, it lands in a lump, and you cannot legally roll without it — which makes it a keep-the-doors-open expense, not a luxury. An advance can cover it inside a week. The honest caution: if the premium strains you every single year, build it into pricing and reserves rather than financing it annually, because borrowing for the same predictable bill every year compounds the cost.