Vehicles and Equipment
If you drive for business, you can put the title of your car in the business’s name. It’s easier and quicker than a standard commercial vehicle loan and based on qualification, you’ll have the added benefit of getting the consumer loan rate and business tax advantage*. Qualifying vehicles include:
*Consult with your tax accountant
- Passenger vehicles or light duty trucks for business purposes
- Heavy-duty commercial vehicles with competitive pricing and a streamlined process if under $100,000. (Can also accommodate over $100,000 and fleets for over 5 vehicles).
- Commercial equipment purchases. Our terms are better than manufacturers offerings and can be a better alternative than an equipment manufacturer. It’s more competitive and has a quicker turnaround time once we have all the needed information. None of our vehicle or equipment loans have prepayment penalties.