Equipment financing and leasing for your business

Trucks and trailers have their own rulebook

Transport equipment is underwritten differently from the rest of this page, and it is worth knowing before you apply. The truck itself is doing most of the work in the decision, so its age, mileage and where you are buying it carry weight that a shop machine would not attract. That cuts both ways: it is why a first-time owner-operator can sometimes get financed with no trading history at all, and why a cheap high-mileage unit can be declined for a borrower who looks strong on paper. The rules also loosen sharply with scale — once a company is past roughly six years with several trucks running, much older equipment comes into range on the strength of the borrowing record. One hard exclusion is worth stating plainly rather than discovering late: long-haul over-the-road operations based in California are outside what we can place, whatever else the file looks like. Short-haul and vocational work is the opposite — it is actively wanted, which suits a good share of what runs out of the Treasure Valley and the Magic Valley.