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Commercial Vehicle Loans
Drive your logistics and transport business forward with our funding for new and used commercial vehicles.
Product Description
Whether you're an individual truck driver expanding your fleet or an established logistics company, our Commercial Vehicle Loan covers light, medium, and heavy commercial vehicles. We finance both brand-new chassis and pre-owned trucks, allowing your transportation business to scale without exhausting your operational cash reserves.
Eligibility Criteria
- Experience: Minimum of 2 years of experience in the transport/logistics business.
- Fleet Ownership: Existing ownership of at least 1-2 commercial vehicles is often preferred depending on the size of the loan.
- Financials: Bank statements reflecting healthy cash flows, freight contracts (if applicable), and up to 2 years of business vintage records.
- Permits: Applicants must hold a valid commercial driving license and necessary national or state transit permits.