Big Rig Truck Financing & Leasing

Truck Financing and Leasing

If your business is trucking we can help you build your fleet. We offer financing options to help you grow you’re trucking business.

Leasing offers your business a broad range of commercial truck financing options. We are excited to offer financing commercial work trucks, light duty and medium duty trucks for large and small business owners.

We believe that commercial work programs are essential to the success of a commercial business owner's ability to deliver their product to customers. We offer several financing options and services to offer too small to medium sized trucking companies.

"A" Credit: Trucking companies with good business credit history and owner operators with personal credit scores above 700, three or more years of experience, and a solid payment history for their previously financed trucks and trailers, will obviously enjoy the most favorable market rates.

"B" Credit: (Credit scores between 650 and 700) Offers many of the same benefits as our "A" credit

Our second chance program can help Fleet Owners and Owner-Operators that have personal credit scores as low as the mid-600s, if they have resolved most of their current credit problems and provided they have started re-establishing credit as a result of making regular on-time payments to their current creditors.

Whether you are acquiring additional equipment or just want to refinance the trucks & trailers you already have financed, we can help.

We can also turn any existing equipment that is already paid for into a source of working capital by offering you a Sale-Leaseback. TRAC (Terminal Rental Adjustment Clause) Leases can help fleet owners better manage their cash flow by providing lower lease payments and the possibility of a cash rebate at the end of the lease.

At the beginning of a TRAC Lease a residual amount is chosen, say 20%. The lease payments are then only based on the 80% of the equipment that is financed, thereby lowering the monthly payments. At the end of the lease you will have three options:

Purchase the vehicle for the Residual Amount.

Extend the lease by financing the Residual Amount.

Turn in the vehicle and be eligible for a "Rental Adjustment" based on the sales proceeds of the vehicle.

Whether you need two trucks or two hundred,  Equipment Leasing has the finance options to assist you with acquiring the equipment you need to operate your business.

I will be happy to discuss your needs and see how we can help you get he trucks you need. Help is a phone call away! 

Contact:

Bob Bruton
888-658-6669