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.
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.
Almost any business-use vehicle can be financed or leased, including:
Cargo vans (e.g., Ford Transit, Ram ProMaster)
Service vans with shelving/storage
Passenger shuttles
Box trucks and straight trucks
Tow trucks
Dump trucks
Flatbeds
Refrigerated trucks
Delivery vans
Utility trucks
Branded fleet vehicles
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.
Avoid tying up cash reserves in large vehicle purchases—finance them instead and pay in manageable monthly installments.
Finance to own long-term assets
Lease to rotate vehicles regularly and stay updated with newer models
Financing terms typically range from 24 to 84 months, with options for zero-down or deferred payment plans.
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)
| 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 |
This solution is ideal for:
Construction and contracting firms
Delivery and courier services
Mobile service providers (plumbers, electricians, etc.)
Logistics and transport companies
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.
Top lenders and leasing providers include:
Crest Capital – Commercial vehicle and fleet financing
Balboa Capital – Flexible programs for light and heavy-duty vehicles
National Funding – Known for fast approvals and small business-friendly terms
Choose your vehicle(s) and request dealer quotes
Compare lenders to find the best rates and terms
Submit an application (include business info and credit history)
Review your financing offer and sign the agreement
Take delivery and start using your vehicle—while preserving cash flow
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.
Start comparing commercial vehicle financing or lease options today.
Drive smarter, scale faster, and keep your business moving.