FINANCING, LEASES & LOANS
TOW TRUCK FINANCING
Financing Built for Tow & Recovery Operators
You know your call volume, your contracts, and your margins. You just need a financing partner who understands tow trucks, recovery equipment, and the realities of your day-to-day operations and can structure terms around that.
- Equipment Finance Agreements: For businesses that want ownership but cannot afford a large down payment or prefer 100% LTV financing.
- Equipment Loans: For operators planning on long-term use, wanting ownership and the tax benefits of depreciation.
- Equipment Leases: Ideal flexibility in payments offering Fair Market Value buyouts, $1 buyouts and walk-away structures to keep payments lower plus Section 179 tax benefits.
Low Rate Tow Truck & Recovery Equipment Financing
Access competitive rates on the equipment that keeps your trucks on the road and revenue coming in, including:
- Flatbed & rollback tow trucks
- Wheel-lift wreckers
- Integrated and heavy-duty wreckers
- Rotators and recovery units
- Used and refurbished tow trucks
- Service vehicles and support trucks and more!
Take Advantage of Section 179 Tax Benefits
You may be able to write off up to $2.5 million in qualifying equipment purchases in the first year. That means you can invest in new trucks while potentially reducing your tax burden.
Need to Finance a Tow Truck or Recovery Unit?
Tell us what you’re trying to accomplish. We’ll walk you through your options and help you determine the best path forward.
How Do I Get Started?
If you are ready to get financed, contact us for a free, no obligation consultation by filling out our short form.
We are standing by ready to serve!
Daryl Eames
Founder – Loanviser.com
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“Fantastic company with an amazing owner. They offer top-notch services and excellent customer service.”
EFA Financing
An equipment financing agreement is a hybrid that combines the ownership of a loan with the fixed payment structure of a lease.
- You own the equipment from day one, similar to a loan
- Instead of traditional interest, EFAs use fixed finance charges built into equal monthly payments
- Often provides 100% financing with no down payment required
- The security interest is typically restricted only to the specific piece of equipment being financed
Equipment Leases
A lease is essentially a rental agreement for a fixed period with an option to purchase or return the equipment at the end of the term.
- The lender (lessor) retains ownership. At the end of the term, you can return the equipment, upgrade it, or buy it out
- Monthly payments are typically lower than loans because you only pay for the equipment’s depreciation during the lease term
- Little to no down payment is standard, helping to preserve cash flow
- Ideal for equipment that becomes obsolete quickly (like IT gear) because you can easily swap for newer models
Equipment Loans
A traditional loan is a direct borrowing arrangement to purchase equipment.
- You own the equipment immediately, and it appears as an asset on your balance sheet
- Payments are amortized, meaning they are split into varying amounts of principal and interest over a set term
- Usually requires a down payment, often between 10% and 20%
- The lender typically places a lien on the equipment and sometimes on all business assets as security
Finance New & Used Tow Trucks & Equipment
Our lenders have a wide variety of programs to finance your equipment. Traditional loans, equipment financing agreements (EFA), equipment leases, fair market value leases (FMV), dollar buyouts, walk-a-way financing and more.
Buy From Any Seller in the U.S.
Locate your best deal on the equipment anywhere in the U.S. Purchase from one vendor or multiple vendors. While you source your equipment, our lenders will compete to get you the best deal on financing.
Flexible Terms & Repayment Options
Enjoy the flexibility of credit, revenue and collateral based financing. Spread the payments out from 12 to 72 months to craft the perfect repayment plan.
READY TO GET FINANCED?
CONTACT US
Schedule a free, no obligation consultation with our friendly financing team.
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