Semi-Truck Finance Programs
Semi-Truck Finance Programs
Accepting A-D Credit 
Accepting A-D Credit 
Approving Startups 6 Months+
550 Minimum FICO Credit Score
Large Fleet Financing Available
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trucking companies

$750,000

Long Haul Trucking Company
trucking companies

$100,000

Small Fleet Trucking Company
manufacturing company

$350,000

Industrial Temporary Staffing Agency
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$650,000

Invoice Factoring For Cyber Security Company

Financing Programs For Semi-Trucks

Approving A-D Credit
Consistent & Fast Funding
Wide Credit Score Range
Easy Application Process

Why Choose Our Semi-Truck Financing Programs?

1st Commercial Credit provides financing for owner-operators, small and large fleet for all types of semi-trucks and transportation vehicles. We are able to finance new and used trucks and trailers for your trucking company. We prefer to finance used trucks that have lower mileage under 500,000 miles and less than 5 years of age. Some approval considerations will be given depending on condition, down payment and consistent monthly revenue.

Please review our financial programs below for new and used semi-trucks.

More Programs Offered by 1st Commercial Credit:

Semi-Truck Fleet Financing

Starting as low as 8.9% to 14.9% — 2+ years in Business
Established Fleets And Businesses
Minimum $35,000 To $15 Million
Have 10% Of Financed Amount
50% To 70% Comparable Debt
Application Only Up To 250k
Challenged Credit Program
0% To 30% Down Payment
640 Minimum FICO Credit Score
640+ PayNet Score
Minimum 2 Years In Business
Minimum $35,000 To $15 Million
Have 10% Of Financed Amount
50% To 70% Comparable Debt
Application Only Up To 250k
0% To 30% Down Payment
640 Minimum FICO Credit Score
640+ PayNet Score
Minimum 2 Years In Business
Mileage Restrictions:
→ 500,000 Miles: - 2.5 to 3 years term 
→ 400,000 Miles: - 4 to 5 years term
→ 300,000 Miles: - 3 to 4 years term
→ 200,000 Miles: - 5 to 7 years term
If This Semi-Truck Finance Fits You, Pre-Qualify Below
GET THE FUNDING YOU NEED IN JUST A Few DAYS!
Click Here To Pre-Qualify
More Programs Offered by 1st Commercial Credit:
1st Commercial Credit's financing programs involve the following steps:
1

Applications
In Minutes

2

Credit Decision
In Hours

3

Electronic Documents
Signed

4

Another Deal
Closed

Call Now 1 (800) 876 6071pre qualify now

OTR TruckStarter® Program

New Business/Challenged Credit - Parameters for Approvals on OTR equipment
Why Choose Our OTR TruckStarter® Equipment Finance Program?

1st Commercial Credit has designed a new offering for newer or credit challenged trucking companies. When an applicant does not meet the requirements for our A through C credit programs, we have available OTR TruckStarter®. It offers more flexibility in approving trucking companies under 1 year in business and helps build business credit. Some trucking company owners have good credit score but not enough comparable debt.

$35,000 - $500,000
Must have MC Authority or DOT
Last 3 months bank statements
Have at least 10% of the financed amount
30% to 40% down payment
Flexible in Comparable Debt
Auctions can be approved
550 Minimum FICO Credit Score
Semi Trucks Age up to 5 Years
Business Owner must be involved
2 years experience
No CDL required
Business – Corp, LLC (No Sole Props)
Private party transactions accepted
Mileage Restrictions:
→ 500,000 Miles: - 2.5 to 3 years term 
→ 400,000 Miles: - 4 to 5 years term
→ 300,000 Miles: - 3 to 4 years term
→ 200,000 Miles: - 5 to 7 years term
If This Finance Program Fits You, Pre-Qualify Below
GET THE FUNDING YOU NEED IN JUST A Few DAYS!
Click Here To Pre-Qualify

Industries We Finance:

Semi truck financing
Semi-Truck
Trailer financing
Trailers
Box truck financing
Box Truck
More Programs Offered by 1st Commercial Credit:

1st Commercial Credit will evaluate your funding request based on your company’s monthly revenue, time in business and the equipment you will be purchasing or leasing.

1st Commercial Credit will evaluate your funding request based on your company’s monthly revenue, time in business and the equipment you will be purchasing or leasing.

  • Condition of the truck: We will review the make, model, vin number, engine type, transmission, average fuel mileage, previous accidents reports, mileage, history, pictures and current valuations.
  • Truck vendor: We are flexible in adding new truck vendors all the time. We prefer funding to reputable truck dealers, as opposed to a private party from an individual. We will consider a private party sale from reputable trucking fleet companies that can demonstrate a historical service and maintenance record of the truck.
  • Credit scores: Trade business credit score as well as your own personal credit history will be reviewed. We have programs for all type of borrowers regardless of your credit score, even with bad credit. The most important is you can show that you have had consistent monthly revenue in your business and can maintain recurring sales for at least the last 6 months. 
  • Proof of down payment: We will need to know if you have enough cash available to pay for the down payment as well as meet other expenses. If you plan to finance $50,000 dollars, it is suggested that you have at least 10% ($5,000) of the finance amount for cash flow purposes and at least a down payment for your insurance. Depending on your used truck purchase cost, credit and time in business, a down payment averages 10% to 30% to meet the loan to value ratios.
  • Time in business: It is important to have detailed financials if your business is under 2 years of operation. We would like you to demonstrate that you can run a profitable business and have saved up some money for future repairs, tires, insurance and truck payments. Trucking companies over 2 years of historical data are easier to approve, however they still fall under the same criteria in profitability and set-aside cash flow. 
  • Truck insurance: We will require insurance on the truck for property damage and liability for at least 1 million. 
  • Other documents: Typical documents we ask for is to provide proof of business, tax returns, profit and loss statements, balance sheets, bank statements, as well as permits and insurance.
Accounts receivable financing for manufacturing Illinois businesses

The commercial trailer and trucking business has unique financing requirements when it comes to loans or leasing trailers for fleet owners.

1st Commercial Credit has seasoned experts in the commercial truck and trailer financing industry to get you the monthly payments you can afford. Enjoy an affordable payment, increase your monthly cash flow, and adding more profit to your business are our goals.

1st Commercial Credit Provides Asset Based Lending, Purchase Order Financing and Factoring to all States, Canada, and the UK: