Did you know that 75% of businesses experience delays in growth due to outdated or insufficient transportation? Keeping your fleet up-to-date is crucial for success. That’s where we come in—offering fast, flexible financing solutions tailored to your needs.
We provide approvals within 24 hours for qualified applicants, ensuring you get the funds quickly1. With competitive rates starting as low as 5.59% APR, your business can secure the right vehicles without straining your budget2.
Our process is simple: apply, get approved, and receive funds—all while enjoying a 30-day rate lock to protect against market changes3. Plus, our partnerships with authorized dealers nationwide make purchasing seamless.
Ready to upgrade your fleet? Call 833-902-6430 today or explore our streamlined financing options.
Key Takeaways
- Fast approvals within 24 hours for qualified applicants
- Competitive rates starting at 5.59% APR
- 30-day rate lock protects against market fluctuations
- Nationwide dealer network for hassle-free purchases
- Flexible terms up to 84 months available
Why Choose an Online Commercial Vehicle Loan?
Running a business requires smart financial decisions—especially when upgrading your fleet. Traditional lenders often mean piles of paperwork and weeks of waiting. With digital-first solutions, approvals can happen in under 24 hours4, letting you focus on growth, not delays.
- Reduced paperwork: Upload documents securely online—no in-person visits.
- Seasonal payment plans: Align installments with your cash flow cycles.
- Hybrid solutions: Pair vehicle financing with merchant processing for added convenience.
Traditional vs. Digital Lending
| Traditional Lenders | Digital Solutions | |
|---|---|---|
| Approval Time | 2+ weeks | As fast as 24 hours4 |
| Rates | Higher due to overhead | Competitive, starting at 5.59% APR4 |
| Flexibility | Rigid terms | Customizable leases and lines of credit |
Beyond standard loans, we offer equipment lines of credit up to $40M and municipal leases for government fleets. Our Preferred Rewards program even lowers rates on future financing—because your success is our priority.
Ready to explore? Check out our tailored options or call us today.
Types of Commercial Vehicle Financing
Finding the right financing for your business fleet doesn’t have to be complicated. We offer multiple solutions to match your needs, whether you’re expanding or replacing equipment. Choose from term loans, flexible leases, or revolving credit—all designed to keep your operations moving forward.
Term Loans for New and Used Equipment
Finance vehicles up to 8 years old with 100% financing available for qualified applicants. Loan amounts range from $5,000 to $1,000,000, catering to businesses of all sizes5. Whether you need heavy-duty trucks or vocational trailers, terms extend up to 84 months for manageable payments.
Prefer to refinance? Our secured term loans cover purchases and refinancing with no prepayment penalties. Ideal for Class 6–8 trucks or specialized assets like refrigerated units.
Flexible Lease Options
Leasing can optimize cash flow while keeping your fleet modern. Compare:
- Open-end leases: Build equity with flexible return terms.
- TRAC agreements: Modified leases for vocational equipment like CNG trucks6.
- Municipal leases: Tailored for government fleets with tax advantages.
Equipment Lines of Credit
Need ongoing access to funds? Our revolving credit lines go up to $40 million, perfect for dealers or growing fleets6. Use it for:
- Emergency vehicle purchases
- Interim construction financing
- Bulk trailer orders (53-foot dry vans included)
Pair this with our competitive commercial lenders network for streamlined approvals. From waste management to construction, we specialize in industry-specific packages.
How to Apply for Fast Approval
Getting the right financing for your business fleet should be simple and stress-free. Our streamlined process ensures quick decisions, letting you focus on what matters—growing your operations. Here’s how it works.
Start with a Digital Application
Our mobile-friendly platform lets you apply in minutes. Just enter your ZIP code and upload the last three months of bank statements—no stacks of paperwork7. You’ll get real-time updates, so there’s no guessing about your status.
“Speed and simplicity define our process. We’ve removed the hurdles so you can get back to business faster.”
To qualify, you’ll need:
- At least 6 months in business
- A FICO score over 575
- An equipment quote from your preferred dealer8
Secure Your Rate Quickly
Once approved, lock in your rate for 30 days. This protects you from market changes while you finalize your purchase. Funding can happen in as few as 24 hours for qualified applicants8.
| Feature | Benefit |
|---|---|
| Mobile e-Sign | Complete documents anytime, anywhere |
| Dealer Coordination | We work directly with vendors to speed up delivery |
| Dedicated Support | Your account manager guides you post-approval |
For those needing immediate funds, same-day pre-approval is available if you meet specific conditions. Our team will confirm your details and get you moving fast.
Ready to begin? Call 833-902-6430 or explore our flexible financing options today.
Eligibility and Requirements
Flexible requirements make financing accessible for both new and established businesses. Whether you’re a startup or a seasoned operator, we’ve designed pathways to fit your needs.
Standard eligibility includes a minimum credit score of 680+ and at least 2 years in business4. But we go further—revenue-based approvals let newer businesses qualify based on cash flow, not just history9.
Need better rates? Use your financed equipment as collateral. Cross-collateralization strategies can lower interest while keeping payments manageable4.
“We believe in second chances. Our credit builder program helps businesses with limited history access financing.”
Industry-specific rules apply too. CDL endorsements or DOT certifications may be required for certain vehicles4. We’ll guide you through every step.
Gather these documents to streamline approval:
- Business tax returns (last 2 years)
- Vehicle specifications and dealer quotes
- Valid business licenses
Adding a co-signer? It boosts approval chances, especially if your credit is below 5759. Explore our commercial auto loan options or call us to discuss personalized solutions.
Conclusion
Upgrading your business fleet just got easier. With industry-low rates starting at 5.59% APR and approvals in under 24 hours, we help you stay ahead10. Our specialized options, from term loans to revolving credit, adapt to your unique needs.
Act now—limited-time offers on 2024 models can save you thousands. One logistics company expanded their fleet by 12 trucks using our flexible customized financing, cutting costs by 18%11.
Our 24/7 portal lets you apply anytime. Prefer expert guidance? Schedule a free consultation with our specialists to explore tailored solutions.
Don’t wait—delays cost opportunities. Call 833-902-6430 today or apply online to secure your funds fast.
FAQ
What types of business vehicles can I finance?
We offer funding for a wide range, including trucks, vans, and specialized equipment. Whether you need a new or used model, we have flexible options to match your needs.
How fast is the approval process?
Many applications receive a decision within 24 hours. Once approved, funds can be available in as little as 48 hours, helping you get back on the road quickly.
What credit score do I need to qualify?
While requirements vary, we work with businesses across credit profiles. Stronger scores often secure better rates, but we provide solutions even if your history isn’t perfect.
Can I refinance an existing loan?
Yes! Refinancing can lower your payments or adjust your term. Share your current loan details, and we’ll explore ways to improve your cash flow.
Are there prepayment penalties?
No. We encourage early repayment—it saves you interest. Pay off your balance anytime without extra fees.
What documents are required for approval?
Typically, we need proof of income, business registration, and driver’s license. Specifics depend on your situation, but we’ll guide you through each step.
Do you offer leasing options?
Absolutely. Leasing provides lower monthly costs and flexibility to upgrade later. Compare lease vs. loan terms to see which fits your budget.
How do payments work?
Choose weekly, biweekly, or monthly schedules. Automatic deductions simplify the process, and you’ll always know your payment amount upfront.
