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Financing Commercial Vehicles: Trucks, Vans, and Fleet Leasing
For many small businesses, commercial vehicles are essential to daily operations—but purchasing trucks, vans, or an entire fleet outright can strain your cash reserves. That’s where commercial vehicle financing and fleet leasing come in.
Whether you run a delivery service, contracting company, HVAC business, or mobile repair shop, financing helps you secure the vehicles you need without compromising your cash flow.
✅ Featured Snippet Answer:
How do you finance commercial vehicles?
Businesses can finance trucks and vans through equipment loans or lease agreements, using the vehicle itself as collateral and spreading costs over time.
What Types of Vehicles Can Be Financed or Leased?
Almost any business-use vehicle can be financed or leased, including:
🚚 Light-Duty and Work Vans
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Cargo vans (e.g., Ford Transit, Ram ProMaster)
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Service vans with shelving/storage
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Passenger shuttles
🚛 Medium- and Heavy-Duty Trucks
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Box trucks and straight trucks
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Tow trucks
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Dump trucks
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Flatbeds
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Refrigerated trucks
🚐 Fleet Vehicles
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Delivery vans
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Utility trucks
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Branded fleet vehicles
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Mobile service units
New and used vehicles are both eligible with most lenders, and upfitted or customized vehicles can often be included in the loan or lease.
Benefits of Financing Commercial Vehicles
✅ Preserve Working Capital
Avoid tying up cash reserves in large vehicle purchases—finance them instead and pay in manageable monthly installments.
✅ Own or Lease Based on Your Strategy
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Finance to own long-term assets
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Lease to rotate vehicles regularly and stay updated with newer models
✅ Flexible Terms
Financing terms typically range from 24 to 84 months, with options for zero-down or deferred payment plans.
✅ Tax Deductions
Interest on vehicle loans and lease payments may be deductible. Vehicles may also qualify under Section 179 for full depreciation in the first year.
Calculate your Section 179 savings here (opens in new tab)
Leasing vs. Financing Commercial Vehicles
| Feature | Lease | Finance (Loan) |
|---|---|---|
| Upfront Cost | ✅ Low or none | ❌ May require down payment |
| Ownership | ❌ No (unless buyout option) | ✅ Yes at end of loan |
| Upgrade Flexibility | ✅ Easy to replace every few years | ❌ Committed long term |
| Long-Term Cost | ❌ Higher for long-term use | ✅ Lower if vehicle kept for years |
| Tax Treatment | ✅ Lease payment deductible | ✅ Depreciation + interest deductible |
Who Should Consider Commercial Vehicle Financing?
This solution is ideal for:
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Construction and contracting firms
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Delivery and courier services
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Mobile service providers (plumbers, electricians, etc.)
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Logistics and transport companies
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Franchise or multi-location businesses needing a branded fleet
Even startups and small businesses may qualify, especially with solid business revenue or a personal guarantee.
Where to Get Commercial Vehicle Financing
Top lenders and leasing providers include:
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Crest Capital – Commercial vehicle and fleet financing
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Balboa Capital – Flexible programs for light and heavy-duty vehicles
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National Funding – Known for fast approvals and small business-friendly terms
How to Apply: Step-by-Step
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Choose your vehicle(s) and request dealer quotes
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Compare lenders to find the best rates and terms
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Submit an application (include business info and credit history)
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Review your financing offer and sign the agreement
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Take delivery and start using your vehicle—while preserving cash flow
Final Thoughts: Drive Your Business Forward
Whether you need one service van or an entire fleet of trucks, commercial vehicle financing offers the flexibility and affordability to expand your operations. Instead of letting vehicle costs stall your business, financing puts your growth in motion—literally.
Take Action: Secure the Vehicles Your Business Needs
Start comparing commercial vehicle financing or lease options today.
Drive smarter, scale faster, and keep your business moving.
