It’s not fun when you have to deal with old equipment that is near the end of its estimated lifetime. That might be costing you a significant amount of money on repairs. Maintenance costs, like everything else, are on the rise. Is that affecting your bottom line?
If you need to replace old and failing machinery or expand your fleet, Gloven Capital is your perfect ally. We have the best loan and lease programs for owners operators or companies in the transportation business. Whether you are starting up or a well-established business you can count on Gloven Capital for commercial transportation financing.
We know that your time is valuable, so we have simplified the loan application process. Now you can get the capital that you need as soon as possible by filling out our Online Application Form.
We also understand that having the most reliable equipment and machinery is crucial to your business’ success. With Gloven Capital, you can get it fast and pay it back on affordable monthly payments.
Get the funding you need to purchase or lease commercial trucks, trailers, buses, limousines, taxis, ambulances, and other specialty vehicles.
Gloven Capital offers commercial financing solutions for owner-operators and truck dealers. Our flexible loan programs allow you to buy, lease, or repair vocational and long-haul trucks with ease.
When you apply for commercial truck financing, the truck acts as collateral for the loan.
Depending on the strength of your loan application, the down payment could range anywhere from 0% to 30%, or the borrower may require a month’s worth of down payment and a security deposit.
Almost every owner of a transportation business will require a working capital loan at some point. They are a quick form of funding that can cover operating expenses to ensure that the business runs smoothly. Working capital loans enable transportation businesses to grow their operations and expand. Whether or not you have collateral, Gloven Capital can approve you for financing.
Many fleet operators choose a mix of leasing and ownership to optimize their operations. If you’re unsure which option is best for you, here’s a breakdown of the pros and cons of leasing versus buying.
Buying vs. Leasing: What’s Right for You?
Buying: When you finance a vehicle with a loan and pay it off in full, you gain full ownership. Owning your fleet provides long-term control over your assets. However, beyond the purchase price, you must factor in costs like maintenance, depreciation, taxes, and licensing.
Leasing: Leasing eliminates the need for a large down payment and reduces many of the financial burdens associated with ownership. It can be a flexible, cost-effective solution for fleet expansion without the commitment of full ownership.
Still unsure? Contact Gloven Capital today, and let us help you make the right financing choice for your business!
At Gloven Capital, we understand that financial setbacks can impact credit scores. That’s why our loan programs are designed to help individuals who have faced challenges get the financing they need.
Check if you qualify using our Online Pre-Qualification Tool.
Whether you’re looking to expand your fleet or replace aging vehicles—from charter buses to tow trucks—Gloven Capital is here to assist. We take pride in offering a simple, hassle-free online loan application process for transportation financing.
How It Works:
Apply online – Complete our quick and easy application.
Get qualified instantly – Find out your eligibility right away.
Receive fast loan approval – We streamline the process to get you funded quickly.
Expand Your Fleet with Ease
Need to grow your business? We’ll tailor a loan to fit your specific needs and help you scale efficiently.
At Gloven Capital, we make commercial transportation financing seamless. Call us today to get started!
We’re here to help. Send us an email or call our experts at 1-305-890-9000
Gloven Capital offers business owners alternative working capital solutions through our various funding programs for business loans.
