How Do Food Trucks Fund Vehicles and Equipment?

The funding challenge for food truck and mobile catering businesses

Food trucks combine a vehicle and a fitted kitchen in one high-value asset, then trade seasonally at events and pitches where income concentrates in warmer months. Money leaves the business before it comes back, and for food truck and mobile catering businesses that gap has a particular shape — around equipment, stock, seasonality or the wait for payment. Naming the shape is how you avoid borrowing the wrong way and overpaying for it.

The facility that tends to fit

The natural route here is asset finance for the vehicle and kitchen. It matches the need rather than forcing a one-size loan onto a specific problem, and where a firm has both an asset to fund and a cash gap to bridge, two matched facilities usually cost less than one stretched to do both. Credicorp lends to limited companies and LLPs with no personal guarantee. Read the underlying guide before committing.

Put real numbers behind it

Size it with our seasonal cash buffer calculator and the managing seasonal cash flow on Learn. A figure taken from a forecast, with repayments matched to when cash actually arrives, beats a round number every time.

How lenders view the trade

Our sector page for food truck and mobile catering businesses sets out what a lender looks at, and the general answers on whether your sector affects borrowing and how affordability is assessed give the wider picture. When ready, you can apply. General information, not an offer of finance.