Commercial Truck and Trailer Financing - Leasing Need transportation equipment to grow your business? Have you exhausted your efforts at the bank? If you have found a truck that you want, we can finance it for you. 1st Commercial Credit, LLC provides Commercial Truck and Trailer Financing for start up owner operators and existing owner operators with less than perfect credit. View Pre-Qualify check list. In addition, we can also provide freight bill factoring for all trucking companies. If you are adding trucks or trailers to your existing fleet and have been turned down by other lenders, then 1st Commercial Credit may be the truck finance source for you. PDF- Download: Truckers Application Truck Dealer Finance Program or Owner-Operators looking for truck financing: PDF Download: Dealership Finance Program Typical monthly terms 2001 to 2002 year model trucks 18– 24 months (C Program only) 2003 year model trucks 30– 36 months (A, B, and C Program) 2004 year model trucks – 42 months (A, B, and C Program) 2005 to 2006 year model trucks – 48 to 60 months (depending on credit and mileage- A, B, and C Program) 2007 year model trucks – 60 months (A, B, and C Program ) 2007 Trailers up to 72 Months (A, B only) How do trucking companies benefit with our truck equipment funding program? We can finance your owner operators Higher profits for dealers Constant referrals We act as your in house credit and finance department Are you looking for an easier way to liquidate used equipment? Tucking companies are always looking for a financing program for trucks & trailers that are coming off their fleet. Liquidating equipment in the past involved either wholesaling their trucking equipment or selling equipment at auction. 1st Commercial Credit can accommodate an in house financing program which trucking companies can use, at no cost to them. Simply stated, trucking companies can now retail their truck inventory while we can approve their retail customers and help them retain more profit on each sale. PLEASE NOTE: We do not provide truck and trailer financing in Louisiana or Canada. We currently do not approve applicants that have: Delinquent child support Bankruptcies that have not been discharged (case by case) Tax Liens Delinquent installment loans Bank statements showing bounced checks No past history of installment loans No CDL No experience in the trucking industry "A" & "B" Credit Program: Financing program for Trucking Fleets with good financials or owner operators with good credit. Very competitive rates and terms available. - Fast credit decisions – usually within 48 hours. Credit scores 640+. - 100% non-recourse to the dealer. - 5 year old or newer Class-8. - Dealer reserve available with volume targets. - Application only up to the $150,000. - Standard terms from 24 months to 60 months. 72 months on trailers. Typical program calls for 1st monthly payment to start, plus standard processing fee of $550.00 Medium duty / Off-road and Construction equipment a specialty. Vocational equipment gets special consideration. News Update - Now you can offer you’re A and B credit customers even lower payments with TRAC deals and residuals from 15% to 35% on most equipment – NEW AND USED! "C" Credit Program: Start-ups, First Time Buyers and Challenged Credits This program is specifically designed to help you obtain financing for credit challenged customers that may have been turned down already. 1st Commercial Credit will work to make the deals happen when others will not. We can handle you’re A – B and C deals. - Fast credit decisions – usually within 48 hours. Credit scores 585 and up. 100% non-recourse to the dealer. - Class 8 trucks 2000 or newer, Vocational vehicles 1998 or newer. Medium duty – no age restriction. - Loan amount up to the NTDA wholesale value and all are $1 out leases ($101.00 for challenged credits). - Standard terms from 24 months to 60 months. - Typical program calls for 10% cap-reduction plus 1st and last monthly payment to start, plus standard processing fee of $550. - Medium duty / Off-road and construction equipment a specialty. Flexible trucking leases for drivers and small fleets Start up Owner Operators (Must have CDL with 6 months min. experience) Past bankruptcies (If discharged) Lower credit scores acceptable Renters will qualify Co-Signers accepted   Other related pages about Trucking: Load Board at PickaTruckLoad.com Freight Factoring Company Free Load Board sponsored by 1st Commercial Credit.  Countries:   [Factoring UK]          [Factoring Canada]          [Factoring USA]

Commercial Truck Financing STEP 1 - Select the Truck or Trailer to be bought. STEP 2 - Review pre-qualify check list before submitting. STEP 3 - Download application STEP 4 - Verify that you can comply with ALL requirements. STEP 5 - Submit Application with buyers order and equipment spec sheet. Factoring Program Freight Bill Factoring as low as 1.59% - No Minimums Required - No Minimum Invoice Fees - Free Credit Checks in 15 Min. - Same Day Funding Available. - No Financials Required - Best Rates in the Industry We Finance all Trucking and Transportation Industries > Containerized Freight > Freight Brokers > General Long Haul Freight > Intermodal Companies > Recent Transactions

Articles about factoring in trucking:

• 02-19-2005 More Trucking Owners turn to freight factoring as their safety net

• 03-05-2005 Freight Factoring Services provides profitability for small trucking companies

• 03-10-2005 Is an SBA loan the best answer for your business?

• 09-09-2005 What kind of financial services is there for trucking companies?

• 03-13-2006 PR: 1st Commercial Credit offers new freight factoring products for the transportation industry.

• 08-28-2006 How to hurdle fast growth financing without adding debt to your business?

 

We can finance all freight trucking and transportation industries:

 

TRUCKING-LIVESTOCK	TRUCKING- COMMODITY
TRUCKING-DISPATCH SERVICE	TRUCKING-GRAIN
TRUCKING LOCAL WITH STORAGE	TRUCKING-HEAVY HAULING
TRUCKING CONSULTANTS	TRUCKING-LIQUID & DRY BULK
TRUCKING MANAGEMENT	TRUCKING-LOCAL CARTAGE
TRUCKING OIL FIELD	TRUCKING-MOTOR FREIGHT
TRUCKING-CONTAINERIZED FREIGHT	TRUCKING-OVER DIMENSIONAL LOAD
TRUCKING-CONTRACT HAULING	TRUCKING-REFRIGERATED
TRUCKING-DUMP	TRUCKING-SAND & GRAVEL
TRUCKING-OWNER-OPERATORS	TRUCKING-TRANSPORTATION BROKERS
TRANSPORTATION-PASSENGER-TOUR BUS	TRANSPORTATION-AIR FREIGHT
TRANSPORTATION-FREIGHT TRAIN LOAD	TRANSPORTATION-INTERMODAL DRAYAGE