Taxi Financing

Simple application. Simple process.

Taxi financing can get you to your financial destination quickly.

To keep your taxi business competitive, you need more than drivers committed to high customer service. It would help if you also had vehicles that look good and run well. If you need to add one or more vehicles to your fleet, look to Balboa Capital, a small business lender that offers taxi financing. With this option, there is no large upfront payment needed. Instead, you will make predictable payments over a convenient term. In addition, taxi financing eases the strain on your existing cash and keeps your credit line open.

Running a successful taxi business in the United States has never been more challenging. More than 250,000 taxi cab drivers compete for fares in small towns, big cities, and everything in-between. On top of that, the popularity of app-based ride-sharing companies is making it even more difficult for taxi companies to prosper.

  • Application-only for hard collateral up to $500,000
  • Application-only for soft collateral up to $350,000
  • If approved, same-day funding is available
  • Easy online application
  • One-hour approval decisions during regular business hours
  • Flexible terms available
  • Competitive rates

Equipment financing in 3 easy steps.

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  1. Submit a simple online application.

  2. Get a prompt decision during our normal business hours.

  3. If your application is approved, funds will be provided fast.

What we look for.

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Minimum of one year in business

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$100,000+ in annual revenue

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FICO score of 620 or more

These are some of our minimum lending requirements, and meeting them does not constitute approval.
Should you apply for equipment financing, additional lending criteria will determine if you qualify.

Financing for estate vehicles, luxury taxis, yellow cabs, and more.

Taxis run for many more miles than personal vehicles, so it will be advantageous to have one that is new or relatively new. This will decrease the chances of needing costly repairs or maintenance for your taxi in the future. In addition, Balboa Capital makes the entire taxi financing process easy and hassle-free. You can apply for equipment financing from your computer or mobile device in a matter of minutes.

If your application is approved and you decide to move forward, one of our helpful equipment financing specialists will contact you to discuss your options and answer any questions you have. Balboa Capital offers competitive rates, flexible repayment terms, and rapid funding, so get started now!

  • Cargo taxis
  • Estate vehicles
  • Hybrid taxis
  • Luxury taxis
  • Saloon cars
  • SUV taxis
  • Taxi buses
  • Vintage taxis
  • Wheelchair accessible taxis
  • Yellow cabs
taxi financing

Reasons to choose Balboa Capital.

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Lender with an A+ BBB rating

Over $7 billion funded nationwide

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Simple, quick process