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Transportation Equipment Financing | Truck & Fleet Loans equipment financing
Industry Financing

Transportation Equipment Financing | Truck & Fleet Loans

Get transportation equipment financing for commercial trucks, trailers, and fleet vehicles. Our truck equipment loan programs offer flexible terms, competitive rates, and fast approvals for owner-operators and trucking companies alike.

How it Works

Equipment Age

New & Used

Payment Style

Fixed Monthly

Credit Score

630+ Accepted

Speed

Pre-approval in 60 seconds

Transportation Equipment Financing Built for Trucking Professionals

Looking for a transportation equipment loan that fits your business? Whether you're an owner-operator buying your first rig or a fleet manager expanding operations, we provide commercial equipment financing that keeps your wheels turning. Learn more about how equipment financing works.

Get qualified and know your budget before you negotiate at dealerships. Our 60-second pre-approval process covers credit scores starting at 630+, offers 3-7 year flexible terms, requires 10-20% down payment, and finances both new and used equipment.

Why Choose Our Equipment Financing?

Traditional banks often don't understand the transportation industry. We do.

Fast Pre-Approval: Get qualified in 60 seconds so you can negotiate at dealerships with confidence and bid at auctions knowing your budget.

Flexible Credit Requirements: Scores starting at 630+ accepted, with options for lower scores when paired with strong down payments.

Terms That Make Sense: 3-7 year options matched to equipment lifecycles and your cash flow. Fixed monthly payments for easier budgeting.

New and Used Equipment: Finance commercial vehicles from dealers, auctions, or private sellers. We work with all purchase sources.

Commercial Equipment Loan Options

Our transportation equipment financing covers the full range of commercial vehicles that keep freight moving across the country:

Class 8 Semi-Trucks

  • Freightliner
  • Peterbilt
  • Kenworth
  • Volvo
  • International
  • Day cabs and sleepers

Trailers of All Types

  • Dry van
  • Flatbed
  • Refrigerated (reefer)
  • Step decks
  • Lowboy trailers

Delivery Fleet Vehicles

  • Box trucks
  • Straight trucks
  • Cargo vans
  • Sprinter vans

Specialty Commercial Equipment

  • Tow trucks
  • Dump trucks
  • Tanker trucks
  • Car haulers

Don't see your equipment? Ask us - we finance most transportation equipment. Our truck equipment financing programs cover a wide range of commercial vehicles.

Equipment Financing for Owner-Operators

Starting or growing your own trucking business? Our truck equipment loan programs are built for independent owner-operators:

BenefitDetails
No established business history requiredFor experienced drivers with valid CDL
Financing available before authorityPre-authority financing options available
Down payments 10-20%Manageable upfront costs
Payment schedules aligned with freight cyclesCash flow friendly monthly payments

Many of our commercial equipment financing programs are designed specifically for experienced drivers becoming owner-operators for the first time. Your CDL and driving experience matter more than extensive business history.

Fleet Expansion Made Simple

Growing your fleet? Our commercial equipment financing streamlines the process:

  • Quick Approvals: Keep your expansion on schedule
  • Volume Financing: Options for multiple vehicles
  • Consistent Payments: Easier budgeting and planning
  • Dedicated Support: Team that understands trucking

Get pre-approved in 60 seconds. Compare rates and terms. Start generating revenue with your new equipment.

Ready to start? Use our equipment financing calculator to estimate payments, or check your eligibility in minutes. Explore Section 179 tax deductions to maximize your equipment purchase savings.

Why Finance Your Equipment?

New & Used Vehicle Financing

Our equipment financing covers both new and quality used trucks, trailers, and commercial vehicles from dealers or private sellers.

60-Second Pre-Approval

Get pre-qualified for your transportation equipment loan in under a minute. Walk into dealerships ready to negotiate.

All Purchase Sources Accepted

Use your equipment loan for authorized dealers, auctions, or private party sales - we work with all sources.

Simple Application Process

Our technology platform streamlines documentation for commercial equipment financing, getting you approved faster.

3-7 Year Loan Terms

Match your equipment loan payments to vehicle lifecycles and freight revenue patterns with flexible terms.

Owner-Operator Programs

Specialized truck equipment financing designed for independent operators starting or scaling their business.

What Can You Finance?

Semi-Trucks
Trailers
Box Trucks
Cargo Vans

Frequently Asked Questions

Can I get an equipment loan for a used truck with high mileage?
Yes, our transportation equipment financing covers used commercial trucks. Approval depends on the truck's age, mileage, condition, and maintenance history. We typically finance trucks up to 10-15 years old with documented maintenance records.
Do I need a CDL for truck equipment financing?
For Class 8 semi-trucks, you'll need a valid commercial driver's license. For smaller commercial vehicles like box trucks and cargo vans, a standard driver's license is usually sufficient for your equipment loan approval.
Is equipment financing available for new owner-operators?
Absolutely. Our truck equipment loan programs work with new owner-operators who have trucking experience and a valid CDL. You'll need a credit score of 630+ and a down payment (typically 10-20%). Prior industry experience counts, even without your own authority.
What credit score is required for transportation equipment financing?
Our commercial equipment financing accepts credit scores starting at 630-650+. Lower scores may qualify with a larger down payment or co-signer. Your credit score influences your interest rate and down payment requirements.
Can I finance the down payment for my truck equipment loan?
The equipment loan itself requires a down payment (usually 10-20%). Some owner-operators use separate unsecured business loans or lines of credit for down payment funds. Ask about your complete financing options during consultation.
Why choose Credion for transportation equipment financing?
Credion specializes in commercial equipment financing for the trucking industry. We understand seasonal freight patterns, equipment maintenance cycles, and owner-operator economics. Our 60-second pre-approval, credit acceptance starting at 630+, and industry expertise set us apart from traditional banks that don't understand transportation businesses.
What types of commercial equipment can I finance?
Our equipment financing covers semi-trucks, trailers (dry van, flatbed, reefer), box trucks, cargo vans, tow trucks, dump trucks, and most other transportation equipment. If you need commercial equipment loan options for specialized vehicles, contact us to discuss your needs.
How long does the equipment loan approval process take?
Pre-approval for your transportation equipment loan takes just 60 seconds. Full approval and funding timelines depend on documentation and the specific equipment, but our streamlined process is designed to get you on the road quickly.

Simple 3-Step Process

We've removed the friction from equipment financing. Get back to work faster.

1

Apply Online

Fill out our simple 2-minute application. No paperwork, no tax returns needed for deals under $250k.

2

Get Approved

Review your offers with a dedicated account manager. Pick the term and payment that fits your budget.

3

Get Funded

Sign documents electronically. The lender pays the vendor directly, and you get your equipment.