Category guide
Commercial & fleet financing
Fleet financing funds work trucks, cargo vans and business vehicles through a loan or lease — arranged through a commercial dealer or equipment-finance lender, and structured around business cash flow.
What fleet financing covers
Fleet and commercial vehicle financing funds work trucks, cargo vans and other business vehicles — one at a time or as a fleet — secured by the vehicles. It can be a loan or a lease, and is underwritten on the business rather than an individual.
Dealer versus equipment-finance lender
Commercial dealers arrange financing on-site, while equipment-finance lenders and banks compete on rate for larger fleets. Leasing is common because it preserves cash and simplifies vehicle turnover.
How to compare and borrow smart
Compare the true annualized cost across the term, and match the term to how long you'll keep the vehicles in service. Use the directory to compare commercial dealers and fleet lenders near you by rating.