1Step one.  Apply Now, it only takes minutes

2Step two.  We evaluate your equipment financing needs

3Step three. Get Approved Receive Financing

Get Your Commerical Financing Now

EquipmentLend provides Commerical Vehicle Financing with the most flexible options in the business tailored exactly to your fleet vehicle inventory. All to help you accomplish your business goals. 

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  • Commercial Vehicle Financing from
    $5,000 to $5 Million
  • Decision as fast as 24 hours and financed in as few as 3 days
  • Term lengths from 1 to 10 years

Start or expand your fleet vehicle inventory with a commercially financed loan

EquipmentLend provides commercial vehicle-financed loans to handle business finances with dependable funding resources. We can help you determine the right equipment finance strategy for your business. Choose from a variety of loan and lease options to build or expand your fleet.

Get a Commerical Vehicle Financed loan through
EquipmentLend to:

  • Trucks Financed

  • Semi Trailers

  • Specialty Vehicles

  • Buses and Motorcoaches

  • Dealer Financed

  • Flexible financing terms from 12 to 84 months (balloon financing available)

  • Timely documentation and funding

Qualifications for a Commerical Vehicle Financing – 24-72 Hour Approval

Over $300k in Yearly Revnue

ANNUAL REVENUE

680 Credit Score or Better

CREDIT SCORE

Over 3 Years in Business

TIME IN BUSINESS

*Based on past EquipmentLend Customers

Commerical Vehicle Financing Frequently Asked Questions

Commercial vehicle financing refers to the process of obtaining funding or loans to purchase or lease vehicles used for commercial purposes. It is a financial solution designed specifically for businesses that require vehicles for their operations, such as trucks, vans, buses, or heavy equipment.

Commercial vehicle financing provides businesses with the necessary capital to acquire the vehicles they need without having to make an upfront payment in full. Instead, the business can spread out the cost over a predetermined period, usually through monthly installments or lease payments.

Commercial vehicle financing offers several advantages for businesses:

  1. Conserves Cash Flow: Financing allows businesses to preserve their cash flow by avoiding a large upfront payment. Instead, they can allocate funds to other essential business operations or investments.
  2. Flexibility: Financing options provide flexibility in terms of repayment periods and structures, allowing businesses to choose a plan that aligns with their financial capabilities.
  3. Asset Ownership: Depending on the financing option chosen, businesses have the opportunity to own the vehicle at the end of the financing term, which can be beneficial for long-term planning and asset acquisition.
  4. Tax Benefits: In some cases, businesses may be eligible for tax benefits related to commercial vehicle financing, such as depreciation deductions or tax-deductible interest expenses.

Your business must be physically located and operate in the United States and in business for more than 3 years. The business must be for-profit and in an eligible industry. The borrower must have invested equity in the business doing over $300k annually and have a credit score of 680 or better and it must be a small business.

Commercial vehicle financing is typically available to a wide range of businesses and individuals engaged in commercial activities. Eligibility criteria may vary slightly depending on the lender or financing institution. However, here are some common factors that determine eligibility for commercial vehicle financing:

  1. Business Entity: Commercial vehicle financing is primarily targeted towards registered businesses, including sole proprietorships, partnerships, limited liability companies (LLCs), and corporations. The business should have a valid and active operating status.
  2. Creditworthiness: Lenders evaluate the creditworthiness of the business or individual applying for financing. This involves assessing the credit history, payment behavior, and overall financial stability. A good credit score increases the chances of approval and may result in more favorable financing terms.
  3. Business Experience: Some lenders may consider the length of time the business has been operating. Typically, businesses with a track record of at least a few months or more are more likely to be eligible. However, certain lenders may have specific requirements regarding the minimum business experience.
  4. Financial Stability: Lenders often assess the financial stability of the business. This includes factors such as the business’s revenue, cash flow, profitability, and debt-to-income ratio. A stable financial position indicates the ability to make regular payments.
  5. Down Payment: Depending on the financing option chosen, businesses may be required to provide a down payment. The amount of the down payment can vary based on the lender and the specific terms of the financing agreement.

Create your future now!

Don’t let another valuable moment slip away! Begin expanding your equipment-based business today.

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