Use our free food truck financing calculator to estimate your monthly loan payments. Enter the truck price, down payment, interest rate, and loan term to see your projected monthly payment, total interest paid, and total cost of financing.
Takes 60 seconds. No impact to your credit score.
Get Instant QuoteEnter the total cost of the food truck you're considering, your expected down payment percentage, the interest rate (APR) offered by your lender, and the loan term in months. The calculator will show your estimated monthly payment and total cost of financing.
Food truck financing rates typically range from 5% to 25% APR depending on your credit score, time in business, and whether the truck is new or used. Borrowers with excellent credit (720+) can expect rates around 5-8%. Good credit (660-719) typically sees 8-14%. Fair credit (580-659) may see 14-25%.
For a $50,000 used food truck at 9% APR over 5 years: $1,038/month. For a $100,000 new food truck at 7% APR over 7 years: $1,509/month. For a $30,000 starter truck at 12% APR over 3 years: $996/month.
A good rate is 5-10% APR. Rates below 8% are considered excellent and typically require a credit score above 700 and 2+ years in business.
Most lenders require 10-20% down. Putting 20% or more typically gets you better rates. For a $75,000 truck, that's $15,000.
Financing builds equity — you own the truck at the end. Leasing has lower monthly payments but no ownership. Most food truck owners prefer financing.
Most food truck loans are 3-7 years. A 5-year term offers the best balance for most buyers between monthly payment and total interest.
“I got approved for $52,000 in equipment financing at 8.2% APR. The truck paid for itself within 14 months.”
Maria T. — Houston, TX · Taco Truck · Credit Score: 640
“As a first-time owner, I used an SBA microloan for $35,000. The application took 3 weeks but the 6.5% rate was worth the wait.”
James K. — Portland, OR · BBQ Truck · Credit Score: 710
“Bad credit didn’t stop me. I put 25% down and got financing at 18% APR. After 12 months of on-time payments, I refinanced down to 11%.”
Priya S. — Atlanta, GA · Indian Food Truck · Credit Score: 560
Disclosure: Some links on this page are affiliate links. We may earn a commission at no extra cost to you.