Frequently Asked Questions (FAQ)
Last Updated: November 2025
1. What does Big Time Finance do?
Big Time Finance is an independent commercial finance brokerage.
We connect business owners and operators with trusted lenders to secure financing for commercial trucks, trailers, and equipment, without requiring you to contact multiple lenders on your own.
Applying with multiple lenders individually can result in multiple credit inquiries. We streamline the process by matching your application to the most appropriate lenders, helping reduce unnecessary credit impact and saving you time.
2. Who can apply for financing?
Our programs are strictly for business or commercial use.
Applicants must:
Be at least 18 years old
Be a U.S. resident or registered business
Be seeking financing for business or commercial-use equipment
3. What types of equipment do you finance?
We assist with financing for a wide range of commercial assets, including:
Semi-trucks (sleeper, day cab, dump, box, flatbed, and similar configurations)
Commercial trailers (dry van, reefer, step deck, lowboy, and others)
Specialized equipment used in logistics, construction, agriculture, and related industries
4. How much can I finance?
There is no strict minimum financing amount.
Many lenders start around $25,000, but smaller transactions may be considered depending on the equipment type, credit profile, and business history.
If your purchase is under $25,000, we will still review your situation and determine the most practical options available.
5. What are typical loan terms?
Most commercial financing terms range from 24 to 60 months, depending on credit profile, time in business, and equipment age.
Some applicants with strong credit or newer equipment may qualify for terms up to 72 months, while startups or higher-risk deals may fall in the 24–48 month range.
6. What credit score is needed?
We work with businesses across a wide range of credit profiles, from startups to established fleets.
Providing an accurate estimate of your credit profile allows us to match your application to the most appropriate lenders and improves approval outcomes.
7. Will applying affect my credit?
Submitting an application through our site does not automatically result in a hard credit inquiry.
Lenders may perform either a soft or hard inquiry during the approval process. Hard inquiries are only performed with your consent once you decide to proceed with a specific lender.
This authorization is disclosed and acknowledged in the application before any credit check occurs.
8. How long does the approval process take?
Applications received before 3:00 PM CST are typically reviewed the same business day.
Applications submitted after 3:00 PM CST are reviewed the next business day.
Most applicants can expect an update, pre-approval options, or next steps within 24–48 business hours after review, depending on lender requirements and file completeness.
9. What documents may be required?
Document requirements vary by lender and deal size, but may include:
Driver’s license or business identification
Recent bank statements
Purchase invoice, quote, or bill of sale
Equipment photos, VIN, or serial number
10. Is my information secure?
Yes. All submissions are encrypted using HTTPS and handled through secure servers.
Your information is shared only with verified lending partners when necessary to evaluate financing options. Additional details are available in our Privacy Policy.
11. What if I have questions after applying?
You can contact us anytime at contact@bigtimefin.com.
We typically respond within one business day of receiving your message.
12. What states do you serve?
We assist applicants throughout the United States, excluding U.S. territories.
13. Can I apply for multiple vehicles or trailers?
Yes. If you are financing multiple units, note this in the Additional Comments section of your application.
We will follow up to discuss structure and available options.
14. Is there an application fee?
No. Big Time Finance does not charge an application or broker submission fee.
Any lender-related fees are disclosed before you agree to move forward.
15. How much down payment do I need?
Down payment requirements vary based on credit profile, equipment type, and lender guidelines.
General ranges:
Strong credit: 0–10%
Average credit: 10–20%
Challenged credit or older equipment: 20% or more
We work to identify the most favorable terms available for your situation.
16. Can startups get approved?
Yes. Many lender programs support newer businesses, including those with 0–24 months in operation.
Startup approvals often consider:
Personal credit profile
Cash flow or bank statements
Down payment strength
Industry experience
17. After approval, how long until I can
Once approved and the required documents are received, funding timelines vary by lender and deal structure.
Typical funding ranges:
Same day for straightforward transactions
24–72 hours for deals requiring additional documentation
Longer if seller documentation, title, or insurance is delayed
We coordinate with you and the seller to move the process forward as efficiently as possible.
Didn’t find your answer?
If you still have questions, contact us at FAQ@bigtimefin.com or visit our Contact Us page to send us a message directly.