Financing for the trucks that do the work
Liberty Capital finances vocational and commercial trucks for contractors, service companies and local fleets: dump, tow, box, reefer, flatbed, bucket, crane, concrete and water trucks, plus cargo vans and trailers. One broker, many lenders, so you don’t have to bank-hop.
Trucks we finance
Each page below covers terms, credit and FAQs for that truck type.
Finding the right lender the first time
Every lender has its own appetite for truck type, age, industry and credit. Apply to the wrong one and you start over, which is how business owners end up “bank-hopping.” Liberty Capital has matched trucks to lenders since 2004, so we tell you what will get approved before you spend time on it.
Loan, lease or EFA?
| Equipment financing (EFA) | Equipment lease ($1 / FMV) | Business term loan | |
|---|---|---|---|
| Ownership | You, lender holds lien | You own at $1 buyout; FMV = buy or return | Your business |
| Maximum term | 60 months (72 on newer heavy units) | 60 months (72 on newer heavy units) | 24 months |
| Typical minimum credit | 650 | 600 | 550 |
| Time in business | Startups considered | Startups considered | 3+ years |
| Application only | Up to ~$250K* | Up to ~$250K* | Up to $150K |
| Funds go to | The seller | The seller | Your business |
72-month terms apply only to newer heavy trucks (such as dump trucks) for well-qualified buyers; used trucks cap at 60 months.
Why trucking businesses lease
Leasing is an inflation buster: a fixed payment while fuel, parts and truck prices climb. It is cash flow management, with a low capital outlay compared with buying outright, and low, manageable payments. Terms run up to 5 years, most with a $1 buyout. A $1 buyout lease may qualify for Section 179, a potential 100% deduction in the year the truck goes into service (ask your CPA). You conserve cash for drivers, insurance and the next job.
What it takes to qualify
- $3K–$49,999: 600+ credit, startups up to 1+ year considered, application only
- $50K–$150K: 650+ credit, application only
- $150K–$250K+: 650+ credit, 2–3+ years in business, financials
- Larger deals: full financials
- Invoice or quote, and 3–4 months of bank statements
- See the full credit guidelines
$0 down and startups
$0 down is reserved for businesses with 5+ years in business, established PayNet and D&B business credit and 700+ personal credit. Startups and new authorities are reviewed case-by-case and usually need a down payment or collateral.
Trucking equipment financing questions
What kinds of trucks do you finance?
Vocational and commercial trucks: dump, tow, box, reefer, flatbed, bucket, crane, concrete and water trucks, cargo vans and trailers, new or used.
How long can I finance a truck?
Up to 60 months on most trucks. Newer heavy trucks can go to 72 months for well-qualified buyers; used trucks cap at 60 months.
Do you finance used trucks from private sellers?
Yes. The seller must prove ownership and deliver clear title; any lien is paid off at funding.
Can a startup finance a work truck?
Yes, case-by-case. Expect a down payment or collateral; strong personal credit and industry experience help.
Will applying hurt my credit?
We start with a soft inquiry. The lender runs a hard inquiry only when you move forward.
Ready to finance your next truck?
Get a free quote or call (888) 511-6223.
Rates and terms disclosure: any rates, payments or terms shown are examples only. Sample rates apply to established businesses with 3 to 5+ years in business and strong credit (680+ FICO), subject to credit approval. Startup rates vary and are subject to final approval. Application-only limits vary by credit, time in business, equipment type and industry; amounts shown are guidance, not a promise. $0 down is reserved for businesses with 5+ years in business, established PayNet and D&B business credit and 700+ personal credit. This is not an offer or commitment to lend. Not tax advice; ask your CPA about Section 179.