Get Competitive Terms for Fleet Truck Financing
Your Fleet Truck Financing & Leasing Solutions
Looking to upgrade your fleet, or add new or used service, work or vocational trucks? At Liberty Capital Group, Inc., we understand the importance of having reliable equipment for any business. Your trucks are the assets that keep crews, cargo and equipment moving, and every day one sits idle is revenue you do not get back.
Why Choose Fleet Truck Financing with Liberty Capital Group, Inc.?
Affordability is key when it comes to acquiring a service truck, work truck or commercial fleet of trucks. Our fleet truck financing options offer the flexibility you need to manage your cash flow effectively while investing in the equipment necessary to grow your business. With longer loan terms of up to 5 years, we can help you reduce your monthly payments and make owning a high-ticket item like a tractor, box truck or service truck more manageable.
Compared to traditional lenders, we offer several advantages:
- Corp-Only Available: We cater to businesses of all sizes, including corporations.
- Up to 120% Equipment Cost: Our financing solutions can cover not only the equipment cost but also soft costs associated with acquisition.
- Fast Approval Process: With our simple one-page application, you can get Funding Approval as quickly as the next day.
- $0 Down Available (OAC): Qualified borrowers may access financing without the need for a down payment.
- Competitive Rates by Credit Tier: Rates are set by credit tier (A, B or C), with prior blemishes considered.
- No Pre-Payment Penalty Fee: You can pay off early with no penalty fee. Leases and EFAs are non-cancellable, so an early payoff means settling the remaining obligation per the contract, and we show you that figure before you sign.
Feature | Business Loans | Equipment Leasing | Equipment Financing |
Ownership | 50% | 100% | 100% |
Origination, Admin Titling Fees | Low | Low to moderate | Varies |
Monthly Payments | Monthly, Daily, Weekly | Monthly | Monthly |
Credit Minimum: | 500 | 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 |
Credit Requirements for Service Fleet Truck Financing:
For startup companies, it’s not easy to get any funding, but Liberty Capital offers start up financing for fleet vehicles.
Here is what we require:
- Business license or active business entity registration.
- Personal guarantees from all owners.
- Minimum 625 credit score.
- No bankruptcies in the last 7 years.
- No unresolved tax liens.
Financing Options for Service Fleet Trucks:
We offer various financing options tailored to your needs:
- Equipment Financing: Spread the cost of the service truck over time with fixed payment terms.
- Equipment Leasing: Lease a work truck with off-balance sheet financing options like Fair Market Value (FMV) leases.
Additional Financing Benefits:
- $99 for the First 6 Months: Get started with minimal upfront costs.
- 90-Day Deferred Payments: Pay nothing for the first three months.
- Working Capital Loans: Access short-term cash flow solutions for immediate needs.
Preferred Fleet Truck Vendors:
Need help finding reliable truck vendors? We’ve got you covered. Let us know your requirements, and we’ll help you find new or Used Truck Dealers who can meet your needs.
Get Started Today!
Ready to add another truck to your fleet? Apply online today or call our Funding Specialists at 888-511-6223 for personalized assistance. Let Liberty Capital Group, Inc. be your reliable funding partner for all your fleet truck financing needs. Apply Now!
So, if you want to expand your fleet operation, we can handle working capital, term loans, lines of credit and especially Used Heavy Equipment, including trucks, crane, boom lift and many heavy ticket items all can be financed. Apply now to get your business capital to grow. Call now 888-511-6223.
Commercial Fleet Truck Financing Application Only up to $250,000
One of the utmost necessities for a Fleet Truck Operator and Management Companies are the trucks that generate revenue every day, from tractors and box trucks to service and vocational units. It’s imperative to ensure that operational equipment, which serves as an asset for the company, is well-maintained and kept current. Equipment loans or leasing are viable routes for expanding a fleet. Leasing, in particular, offers numerous advantages, though they won’t be explored here today. One notable benefit of equipment leasing is the accompanying tax advantages, cashflow saving, inflation buster and easy to get funded.
Easier to get than a traditional business loan
Less paperwork
Fast processing time
Less stringent requirements for qualifying
No collateral needed, the equipment is the collateral
May require less credit score for you and your business as well
Why Fleet Truck Financing Matters
Affordability is paramount when investing in commercial fleet trucks. Financing offers the advantage of spreading the cost over an extended period, with loan terms of up to 60 months available. This results in reduced fixed monthly payments, making these high-ticket items more manageable for businesses.
Leasing equipment that depreciates in value can also preserve working capital. By avoiding large upfront expenditures, businesses can allocate funds towards hiring skilled personnel, marketing efforts, and other operational needs. Work truck and service trucks both fall in the commercial truck categories of Heavy Equipment.
When it comes to financing fleet trucks, Liberty Capital Group, Inc. offers several advantages over traditional lenders:
– Corp-Only Available: Established corporations with multiple owners may qualify without a personal guarantee. Amounts are limited, and most files are approved with owner guarantees.
– Up to 120% Equipment Cost Coverage: Our financing options can cover not only the equipment cost but also associated soft costs.
– Flexible Funding Amounts: Access financing from $10,000 up to about $250,000 on a one-page application, and up to $5,000,000 with financial statements.
– Quick Approval Process: Benefit from next-day funding approval, ensuring minimal downtime for your operations.
– Approved Equipment Vendors: We work with approved truck dealers and equipment vendors nationwide, streamlining the acquisition process for our clients.
– Competitive Rates by Credit Tier: Enjoy competitive rates for qualified borrowers, reducing the overall cost of financing.
– Eligibility for New and Used Equipment Financing: Whether you’re purchasing new or pre-owned equipment, we’ve got you covered.
– Minimal Impact on Personal Credit: Most business equipment financing reports to business credit rather than your personal credit. A personal guarantee is usually required, and a hard inquiry may be run at final approval.
– No Pre-Payment Penalty Fee: You can pay off early with no penalty fee, but leases and EFAs are non-cancellable — an early payoff settles the remaining obligation per the contract.
Rates and terms disclosure: Application-only limits vary by credit, time in business, equipment type and industry. 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) and are subject to credit approval. Rates for startups vary and are subject to final approval. This is not an offer or commitment to lend.
Related truck financing: box truck financing · dump truck financing · commercial truck leasing · heavy equipment financing · all commercial truck financing
Already own trucks free and clear? A sale-leaseback converts that equity into working capital, and a business line of credit covers fuel, repairs and payroll between settlements.
Get a free fleet financing quote — no obligation, or apply in 3 minutes.
Fleet Truck Financing Programs
At Liberty Capital Group, Inc., we offer aggressive financing programs designed to meet the diverse needs of our clients. Our solutions typically involve two primary options:
– Equipment Financing: Spread the cost of your commercial trucks over time with fixed payment terms.
– Equipment Leasing: Opt for off-balance sheet financing with Fair Market Value (FMV) leases, providing flexibility at the end of the lease term.
Additional Financing Benefits Our financing options include:
– $99 for the First 6 Months: Start with minimal upfront costs.
– 90-Day Deferred Payments: Pay nothing for the first three months.
– Working Capital Loans: Access short-term cash flow solutions for immediate needs.
– Fast Approvals: Apply online for funding up to $250,000 with a Streamlined Process.
Preferred Leasing Vendors
Utilizing our extensive experience in commercial truck financing on commercial service fleet trucks dealers, we can assist you in finding reputable vendors for new or used trucks and trailers. Additionally, if you’re a vendor seeking financing for trucks, we’re ready to serve your needs.
Get Started Today!
If you’re seeking a reliable funding partner for your truck financing needs, apply online today or call our Funding Specialists at 888-511-6223 for personalized assistance. Let Liberty Capital Group, Inc. empower your business with comprehensive financing solutions tailored to your requirements.
Financing More Than One Truck at a Time
Adding two or five trucks is not five separate headaches. We set up a single approval you can draw against as units are delivered, so each truck starts its own term when it hits the road instead of while it sits at the dealer. Application-only approvals run up to about $250,000; larger fleet programs go to $5,000,000 with financial statements, and multiple vendors can be bundled into one monthly payment.
Deferred and Seasonal Payment Options for Fleets
Trucks rarely start earning the day they are delivered. Common structures for fleets: 90-day deferred payments so the unit is running lanes before the first full payment, $99 for the first six months to keep early outlay low, and seasonal or step payments matched to your busy months. These are approval-dependent, and we show the full payment schedule before you sign.
Growing a Small Fleet or Owner-Operator Business
Going from one truck to three is the hardest jump. Lenders look at how long you have been in business, your bank balances and whether your contracts or lanes support another payment. Startups can lease with a down payment, and established operators can usually add units on an application-only basis. A line of credit alongside the equipment keeps fuel, repairs and payroll covered while invoices age.
Refinancing and Freeing Up Cash Across an Existing Fleet
If trucks are paid off or close to it, a sale-leaseback turns that equity into working capital without selling the units. Refinancing existing truck notes into one payment can also lower the monthly outlay across the fleet. Both are underwritten on the equipment's value and condition plus your cash flow.
Fleet Truck Financing FAQ
Can I finance several trucks at once?
Yes. We set up one approval you can draw against as units are delivered, with multiple vendors bundled into a single monthly payment. Application-only runs to about $250,000, and up to $5,000,000 with financial statements.
Do you offer deferred payments on fleet trucks?
Yes. 90-day deferred payments and $99 for the first six months are available to qualified applicants, along with seasonal or step payment structures.
What credit do I need to finance a fleet truck?
A minimum 625 score, personal guarantees from all owners, no bankruptcies in the last seven years and no unresolved tax liens. Business licence or active entity registration is required.
Can a startup trucking company get financing?
Yes. Liberty Capital offers startup financing for fleet vehicles, typically with a down payment. Established operators can usually add units application-only.
Do you finance used trucks?
Yes, new or used, from dealers or private sellers, with terms up to 5 years. Age and condition affect the structure.
How much down payment is required?
$0 down is available on approved credit. Lower credit files are generally structured with a down payment, and financing can cover up to 120% of the equipment cost including soft costs.
Can I free up cash from trucks I already own?
Yes. A sale-leaseback converts equity in paid-off trucks into working capital, and existing notes can often be refinanced into one lower payment.
How fast can fleet trucks be funded?
Next-day approval is possible on application-only files, with funding typically 1 to 5 days once documents are signed and the vendor is verified.
Our small business financing experts are available to guide you through the funding Process.
Despite technological advancements, loans, especially in fleet trucks and equipment financing, predominantly involve personal interaction with an underwriter to ensure as fraud prevention. Automation may not suffice, particularly when dealing with a third party like the vendor and the complexities of equipment purchase. In such scenarios, business owners are often better served by collaborating with a Business Loans Broker like Liberty Capital Group, Inc., who can steer them in the right direction.
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