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Transportation is an essential part of a log company’s activities. Hauling logs out of the forest or mountains to the mill is done with heavy equipment like a truck or trailer. While some drivers opt to…

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Truck Loans & Lease Memphis, TN

When you need to get a truck loan or truck lease in Memphis, TN, working with Truck Loan Center is your best option. Our truck and trailer finance services are available for independent drivers and fleets, for either short-term or long-term use.

Usually, the decision to buy or rent a truck depends on factors such as truck loading capacity, routes, seasonality, finances, and organizational preferences, among others. Although many fleets have their own vehicles and equipment, and the financial muscle and assets to acquire other vehicles as the need arises, there are many benefits to leasing a truck.

First, you don’t need to gather your funds or security before leasing a truck. The application process is very fast, and you get your truck almost immediately to attend to the new business. Second, you won’t have to tie up cash in fixed assets. Cash flow is important to lease and manage more trucks, grow your business, and solve any problems that arise fast. Third, the burden of maintaining the vehicles is taken away from you, allowing you to focus on your core operations.

Leasing also allows you to try out the latest technologies in new trucks, and purchase them later on if you’re impressed. Otherwise, you can take advantage of the short trade cycles to try out the newer models each year. Operating newer vehicles allows you to spend more time on the road making money, rather than in the garage fixing or replacing broken components.

Truck Loan and Lease in Memphis

There are many benefits of getting a truck loan or lease, even for fleets with the financial muscle to buy. But if you are not convinced, our skilled experts can help you analyze the costs and benefits of leasing versus buying using a comparative value analysis. We also provide you with a benchmark to compare your trucking business to the Memphis, TN, industry standards. After meeting with our representatives, you will be more informed and capable of making the right decision.

Why Truck Loan Center Is Your Best Loan and Lease Partner

  • Simple application process: Our representatives are quick to explain all the options available and how they are beneficial to your business.
  • Low rates based on your credit: Bad credit does not necessarily mean that we will turn down your application. You may even be surprised at how low your payments will be.
  • We offer fast turnaround for all applications: Our Memphis truck loan/lease applicants will know the status, as well as the applicable monthly rates, within the same day.
  • Unlike financial institutions that are only focused on the profits, Truck Loan Center aims at helping you succeed. We discuss the kind of truck or trucks you need, their different loading capacities, the type of hauling you want to do, and other factors to ensure that you make a sound financial decision moving forward.

    We are highly experienced in the trucking industry, with branches across North America. We have seen it all. Our advice and guidance is priceless. Truck Loan Center is your best finance partner in the Memphis, TN, trucking business.