For operators with businesses that run fleets of pickup trucks and trailers

May 19, 2025
by a searcher from Rice University - Jesse H. Jones Graduate School of Business in Houston, TX, USA
How have you handled the need to rotate your fleet while managing an SBA 7(a) loan? I'm especially interested in how lenders respond to the need to sell and replace rolling stock before it's fully depreciated — ideally around the 5- to 7-year mark — to avoid reliability issues and poor resale value.
I'm currently looking at a few businesses with 5+ pickups that accumulate mileage quickly, and I’m concerned that holding onto these vehicles too long would create operational headaches. Have any of you worked with lenders who understand and support ongoing asset rotation? If so, how did you structure that conversation prior to close and did you include any specific wording in loan docs?
from University of Texas at Dallas in Dallas, TX, USA
from Spalding University in Prospect, KY 40059, USA