Commercial Vehicle Financing & Leasing Resources

Easy. Quick. Hassle-free. If you’ve tried to finance a commercial truck before, those might not be terms you’d associate with a bank.

Yet those are the words Gary Mann, owner of New York Truck Parts, uses over and over to describe his dealings with Intek. There’s another one that comes to mind: Family.

So you’ve decided to reap the benefits of lease financing your next commercial truck. The next step? Getting preapproval.

Want to expand your fleet heading into 2018? Leveraging the Section 179 deduction for your commercial vehicle lease is the most profitable last-minute decision you can make.

This tax-relief legislation targets small and mid-size businesses. Thousands of businesses have successfully taken advantage of this break to grow their operations.

Don’t be the business owner that misses out!

Time means more to the commercial truck industry than it does to many other industries. Time to reach a load’s destination, time spent in the repair shop, time wasted struggling to get a bank loan -- a fleet owner always has his eye on the clock.

No company owner likes to feel fooled or ripped off. A bad deal is always painful. But when you’re talking about a huge purchase like a commercial truck, the agony -- and cost -- amplifies 1,000 times.

Certainly you’d rather focus on your business instead of paperwork or other deal details. That’s why you should look back at those purchases gone wrong so you don’t fall victim to the same pitfalls.

So you’ve found the commercial truck that has all the characteristics you seek to maintain a great fleet. Congratulations! Now comes the tricky part: financing.

We’ve already covered how lease financing your commercial truck can benefit your business. Now it’s time to learn why the wrong bank or lender can hamper your future.

Lease financing -- or lease to own -- is a financial tool that can help you build ownership in a commercial truck.

Why should you consider lease financing? It’ll help you find the commercial truck that fits your needs.

We get it. It’s hard to resist the temptation of a shiny, new toy. And in some cases, leasing a new commercial truck is indeed beneficial for a fleet owner.

One of the Peterbilts pictured above is new. The other is a 2001 model. Not easy to tell the difference, right?

It won’t surprise you to hear that many of the best reasons to lease a used commercial truck -- tow, dump, or otherwise -- are cost-related. You may be surprised to learn, though, just how many ways -- whether wallet-impacting or not -- you can benefit from going used.