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Commercial Financing

Lending Options to Buy Trucks and Grow Your Business


Financing your Truck Doesn’t Need to be Stressful

By working with us, you'll have a dedicated expert evaluate your options and recommend a finance, lease, or insurance package that fits the needs of your specific business and equipment. 

Financing

We offer a large number of financing options, including fixed and variable rate loans, loans with balloon payments, and seasonal skip or token payment options.  Each option can be tailored to fit your specific needs. 

Leasing

We offer several different leasing options, including a TRAC Lease or Open Ended lease, in which the customer is responsible for the residual, an FMV Lease or "Walk Away" Lease, in which you pay for the usage of the equipment and turn it in at the end of the lease term, or a Modified TRAC Lease, in which both the customer and finance company participate in the residual.  

Insurance Options

Truck Enterprises offers competitive insurance pricing for Owner/Operators and Fleets.

  • Physical Damage Insurance: Immediate coverage with competitive rates and a range of deductibles make our physical damage insurance an attractive option. In-contract premium financing or other convenient payment plans specifically designed for both fleet and non-fleet customers are available.

  • Gap Insurance: In the event of a total loss, this supplemental product covers the potential short fall between your Physical Damage insurance pay-out and your remaining loan balance. This product covers loans up to $150,000 with terms up to 84 months. For a nominal premium, this insurance will cover a "GAP" claim up to $50,000.

  • Non-Trucking Use: "Bob-Tail" Insurance coverage is available to physical damage policyholders. Most companies require owner/operators to carry this coverage and we offer competitive rates through a carrier rated "A" by A.M. Best. Direct billing or annual policies available.

  • Truckers' Liability: Coverage available for bodily injury or property damage that arises from a covered accident. Tailor a package to your needs while choosing policy limits up to $1,000,000. Coverage can be selected to fit your operation - local, intermediate, or long haul.

  • Accidental Downtime: Know your truck and trailer payments will be taken care of for up to four months per year if your equipment is down for accident-related repairs. Protection available exclusively to physical damage policyholders.

  • Cargo: Standard Named Perils or Special Broad Form protection. You can customize a package to fit your needs by adding a number of options.