How To Get Financing for Box Trucks?
Box Truck Financing Rates
We know that your time is valuable. The equipment search can be long and difficult, so Liberty Capital uses a simplified online application process to get you pre-approved for the box truck you need. Your pre-approval financing will compete with to traditional lenders, our advantages to you include:
- 100% equipment cost for any box trucks
- Up to $250,000 with a simple one-page application
- Next-day pre-approval
- Approved Box Truck
- Private seller or Dealer/Vendors
- 12 – 60-month fixed payment terms
- No down payment required for qualified borrowers and established companies
- Lowest Rates in the industry for qualified borrowers
- Eligibility for all industries
- Will not appear on personal credit reports
- No pre-payment penalties
Funding Range for Box Trucks: $10,000 to $150,000
FInancing cost for box trucks can vary based on your specific requirements. If you’re start up or established company can vary on how much you could get funded per bank lines. IF you
Start-Up Box Truck Financing Specials:
Our expedited financing solutions cater to companies seeking to finance a wide range of box trucks with lift or swing doors, reefer or dry box trucks, whether you’re replacing old box trucks expanding your fleet, or expanding new territories, financing through Liberty Capital will make it hassle-free and affordable especially for startups.
We offer flexible payment plans tailored to your budget, including:
- $0 down truck financing for qualified customers
- $99 for the first 6 months, requiring only $99 to initiate the lease.
- 90-day deferral option with no payments for the first three months
- Seasonal payment arrangements
- Fair Market Value and $1 buyout options with terms ranging from 12 to 60 months.
Your Monthly Payment Financing Options for Box Trucks
Features | Business Term Loans | Equipment Leasing | Equipment Financing |
Ownership Requirements | 50% | 100% | 100% |
Initial Costs | $0 (orig fees) | Low to moderate | Varies |
Monthly Payments | Monthly, Daily, Weekly | Monthly | Monthly |
Credit Minimum: | 550 | 600 | 650 |
Fund Disbursements | Client | Vendor | Vendor |
New/Used Equipment | n/a | Yes | Yes |
Maximum Term | 24 months | 60 months | 60 months |
Time in Business | 3+ years | Startup OK | Startup Ok |
Interest Rates | Moderate | Low | Low |
Application Only | $150K | $250K | S250K |
Funding Time | Same Day Funding | 1-3 days | 1- 5 days |
Box Truck Financing and Leasing for Startups:
For start-ups, the choice between cash payment and financing is crucial. Opting for financing early in your business journey can yield significant long-term benefits, especially in building a positive payment history. Financing provides fixed monthly payments, preserving your working capital for crucial investments that appreciate over time, such as hiring talent, securing prime locations, and stocking up on inventory and supplies.
Start-up companies seeking to lease box trucks must meet certain credit requirements, including:
- Possession of a valid business license or active business entity registration
- Personal guarantees from all owners
- Minimum credit score of 680
- No bankruptcies, liens, or judgments within the last seven years
- Low personal loan and credit card debt ratio
Preferred Vendors or Dealers for Box Truck Financing and Leasing:
With two decades of serving truck dealers with financing box trucks, we understand the importance of effective communication between vendors and clients. Our commitment to seamless funding processes ensures vendor satisfaction, prompting them to refer clients to us with confidence.
If you’re a box truck vendor seeking approval from Liberty Capital for your clients, rest assured you’ll be partnering with a reputable equipment loan broker committed to facilitating seamless transactions for your clients.
Get Started with Liberty Capital:
Regardless of your credit history or business size, Liberty Capital has the expertise to tailor a box truck financing solution that meets your needs. As technology evolves, staying ahead with the latest equipment is crucial. By financing your box trucks with us, you gain access to competitive rates, expedited funding, and unparalleled customer service, empowering you to boost sales and drive business growth.
Whether you prefer box trucks leasing or financing, you can rest assure it’s a long-term solution and commitment. Will ultimately provide you the freedom and flexibility of utilizing some form of financing.
Box trucks are indispensable assets for a wide range of businesses across various industries. Now having bad credit doesn’t preclude you from getting the financing you need. For a free consultation, please call 888-511-6223 to speak to one of our truck funding specialists.
