Medium Duty Truck Financing

How Medium Duty Truck Financing Works

Built for serious operators who want speed and clarity.

Step 1: General Profile

• A few quick questions about you and your business
• No credit check. No pressure.

Step 2: Business & Ownership Profile

We’ll collect:

• Business details (EIN, time in operation, address, annual sales)
• Owner info (SSN, % ownership, home address)
• Truck details (year, make, model, price)

Upload:

• 3 months of business bank statements
• Driver’s license or CDL (if required by GVWR)
• Invoice, bill of sale, or website link

Step 3: Review & Match (Within 24 Hours)

We evaluate:

• Time in business (2+ years preferred)
• Credit (650+ ideal)
• Cash flow ($5,000+ ending balance)

Then we match you with the right lender and program.

Step 4: Approval & Funding

You receive:

• Rate range
• Estimated monthly payment
• Term length and down payment (if any)

Most deals fund in 1–3 business days.

Tip: Upload docs upfront to move faster.

Medium Duty Truck Financing Rates, Terms & Payment Estimates

If you’ve been in business 2+ years, have 650+ credit, and maintain $5,000+ in your business account, you’re well positioned.

Typical Medium Duty Truck Loan Terms

What Affects Your Rate

• Credit score (650+ unlocks better programs)
• Time in business (2+ years improves odds)
• Cash flow ($5,000+ ending balance)
• Truck age/condition (newer = better terms)

Medium Duty Truck Financing for Start-Ups

We offer start-up programs when the profile makes sense.

Minimums

• 18+ months industry experience
• 20% down payment
• Rates: 12% – 20%
• Max amount: Based on credit & cash flow

Best For

• Owner-operators stepping out on their own
• New contractors with signed work or routes
• Businesses building commercial credit

Medium Duty Truck Financing for Bad Credit

Possible—with stronger terms.

Typical Requirements

• Credit below 625
• 50% down payment
• Rates: 15% – 30%
• Max amount: ~$45,000

Best For

• Experienced operators with steady work
• Lower-cost used trucks
• Buyers willing to put cash down to get approved

Loan vs. Lease: What’s Right for a Medium Duty Truck?

Medium Duty Truck Loan (Financing)

Best if: You want ownership and long-term value.

Pros

• Full ownership after payoff
• New or used; dealer, auction, or private party
• Builds equity
• Section 179 & bonus depreciation eligible

Consider if

• You’ll keep the truck 5+ years
• You want zero payments after term
• You plan to customize the truck

Medium Duty Truck Lease

Best if: You want lower payments or frequent upgrades.

Pros

• Lower upfront cost
• Lower monthly payments
• Easier upgrades every 2–4 years
• Capital leases may still qualify for Section 179; operating leases allow payment deductions

Consider if

• You prefer newer equipment
• You want predictable expenses
• Your routes/contracts may change

Pro Tip: We show loan and lease options side-by-side so you choose with clarity.

Medium Duty Fleet Financing

Scaling from one truck to many? We handle fleets.

Why Fleet Operators Choose Us

• Finance 2–20+ trucks under one application
• Approvals in 24 hours; funding in 1–3 days
• Mix loans and leases to optimize cash flow
• Nationwide programs with dedicated reps

Preferred Fleet Standards

• 2+ years in business
• 650+ credit
• $10,000+ average monthly bank balance
• 2015+ models preferred

Tax Advantages: Section 179 & More

Medium duty trucks qualify for powerful write-offs.

Section 179 (2025)

• Deduct up to $1,250,000 of qualifying equipment
• Applies to new and used trucks
• Available on financed purchases and capital leases
• Truck must be >50% business use

Bonus Depreciation

• Up to 40% on remaining basis
• Stackable with Section 179

Operating Leases

• Deduct 100% of lease payments as a business expense

Why It Matters

• Lower tax bill
• Preserve cash flow
• Strong year-end planning tool

Medium Duty Truck Financing FAQs

1. What credit and business history do I need?
Most approvals are for businesses with 650+ credit, 2+ years in business, and $5,000+ average monthly bank balance. Start-ups and lower credit can work, but require more cash down.

2. How much can I finance on a medium duty truck?
Typical financing ranges from $30,000 to $350,000+, depending on credit, cash flow, truck age, and whether you’re buying one truck or multiple units.

3. Can I finance used or privately sold medium duty trucks?
Yes. We finance new and used trucks purchased from dealers, private sellers, or auctions, as long as the pricing and condition make sense.

4. Is a down payment required?

• Strong profiles: often $0 down

• Start-ups: usually 20% down

• Credit below 625: often 50% down

We tell you upfront—no surprises.

5. How fast can I get approved and funded?
With complete documents, approvals can happen same day, and most deals fund in 1–3 business days.