Commercial truck financing helps leverage your business in several ways. Leverage is defined in part as “the use of a small initial investment, credit, or borrowed funds to gain a very high return in relation to one's investment, to control a much larger investment, or to reduce one's own liability for any loss.” A trucking company may be interested in expanding their fleet, acquiring a new truck and taking advantage of commercial truck financing. To do this, companies often acquire used truck financing. Commercial truck loans are one way of leveraging your business. They allow you to use someone else’s money to invest in the equipment, which will allow your company to use that equipment to make a larger return on your investment and increase your company’s monthly cash flow. The newly acquired equipment obtained through used truck financing is used to earn more money every month, thus increasing the cash flow of the business. Another advantage of commercial truck financing is the tax deduction for which your trucking company will qualify through a commercial lease. . In many commercial vehicle lease programs, no huge down payment is required. This is beneficial to your company’s cash flow because it preserves working capital and credit lines. In addition to not putting out a large sum of money, by leasing a piece of equipment, your company can take advantage of more tax write offs. Lease payments are tax deductible and help to reduce your company’s total liabilities.

Using a commercial truck loan is an advantageous way to leverage your transportation business. Commit to a low monthly payment, use the equipment recover any additional expense, and then some, and you are well on your way to running a successful transportation business. Like the financial gurus say, “it takes money to make money.” So be smart, and use someone else’s money to make your own.