Conventional Truck Financing
Tractors, trailers, reefers, flatbeds, dump trucks. 100% financing, 2-7 years.
- Up to 100% financing
- 2-7 year terms
- 5-15% APR
- Section 179 deduction
WESTVALVE FINANCIAL • EQUIPMENT FINANCING FOR TRUCKING
Equipment Financing for Trucking Companies.
Tractors, trailers, reefers, flatbeds, dump trucks — 100% financing, 2-7 year terms, Section 179 tax benefits. SBA 504 for heavy trucks. Fast approval for trucking fleets.
No obligation to explore your options. Financing is subject to provider approval and program requirements.
WESTVALVE FINANCIALTRUCKING EQUIPMENT
100% FINANCING AVAILABLE
Heavy iron. Smart financing.
Tractors, trailers, reefers, flatbeds, dump trucks — the equipment secures the loan. Lower rates, tax benefits, matched terms.
TRUCKING EQUIPMENT FINANCING
Heavy iron. Smart financing.
Tractors, trailers, reefers, flatbeds, dump trucks — the equipment itself secures the loan. Lower rates, tax benefits, terms matched to equipment life.
SBA 504 for Heavy Trucks
Heavy tractors, trailers >$250K. 10% down, 25-year fixed, equipment as collateral.
- Up to $5.5M
- 10, 20, 25 yr fixed
- Fixed, below market
- 10% down (15% special use)
Fleet & Trailer Financing
Multiple tractors, reefers, flatbeds, dumps. Master lease for fleets.
- Up to 100% financing
- 2-5 year terms
- Used trucks up to 10 yrs old
- Master lease for fleets
Used Truck & Trailer Financing
Pre-owned tractors, reefers, flatbeds, dumps. Up to 10 years old.
- Up to 10 yrs old (tractors)
- Up to 10 yrs old (trailers)
- 85-100% financing
- Rates vary by provider and equipment type
TAX BENEFITS
Section 179 & Bonus Depreciation.
01
Section 179 Deduction
Deduct up to $1.22M (2024) of equipment cost in year one. Immediate expense vs. depreciation.
02
Bonus Depreciation
60% (2024) additional first-year deduction. Combined with 179 = 80-100% year-one deduction.
03
Preserve Cash Flow
Finance 100%, deduct 80-100% year one. Equipment pays for itself from tax savings.
04
Consult Your CPA
Tax laws change. Your CPA calculates exact benefit for your entity structure and income.
TRUCKING EQUIPMENT WE FINANCE
Heavy iron. Every category.
Tractors (Day Cabs)
Tractors (Sleepers)
Dry Van Trailers
Reefer Trailers
Flatbed Trailers
Dump Trucks
Refrigerated Trailers
Flatbed Trailers
Lowboys
Dump Trailers
Tankers
Specialized
SBA 504 vs CONVENTIONAL
Pick the right program for your fleet.
| Feature | Conventional Truck Financing | SBA 504 |
|---|---|---|
| Best For | $50K-$250K trucks | Heavy trucks >$250K |
| Down Payment | 0-20% | 10% (15% special use) |
| Term | 2-7 years | 10, 20, 25 years |
| Rate | 5-15% APR | Fixed, below market |
| Collateral | Truck/Trailer only | Truck + RE (if applicable) |
| Speed | 3-7 days | 60-90 days |
| Tax Benefits | Full 179 + Bonus | Full 179 + Bonus |
REQUIREMENTS
What you need to qualify.
Conventional Truck Financing
- Credit: 600+ (alt), 660+ (bank)
- Time in business: 1+ year
- Revenue: $250K+ annually
- Down: 0-20%
SBA 504 for Trucks
- Credit: 680+
- Time in business: 2+ years
- Profitable
- Down: 10% (15% special use)
Fleet/Used Trucks
- Credit: 600+
- Time in business: 2+ years
- Down: 10-20%
- Equipment age limits apply
Documents
- Dealer invoice/spec sheet
- 3 yr business tax returns
- YTD P&L + Balance Sheet
- 3 months bank statements
GET STARTED
Let's finance your fleet.
Tell us what trucks and trailers you need — new, used, or fleet. We'll match you with the right program and provider.
FAQ
Questions about trucking equipment financing.
Can trucking companies get 100% equipment financing?
Yes. Many equipment financing programs offer 100% financing (no down payment) for trucks and trailers — the equipment itself serves as collateral. SBA 504 requires 10% down but offers 25-year fixed rates. Conventional truck financing often requires 0-20% down depending on credit and equipment type.
What's the best way to finance heavy trucks and trailers?
For heavy tractors and trailers (>$250K): SBA 504 is often best — 10% down, 25-year fixed rate, equipment as collateral. For smaller equipment ($50K-$250K): conventional equipment financing offers 100% financing, 2-7 year terms, Section 179 deduction. We help you compare both.
Can I finance used trucks and trailers?
Yes. Most equipment financing programs finance used trucks and trailers — typically up to 10 years old for tractors, 7-10 years for trailers. Age and condition affect rate and term. We work with providers who specialize in used truck financing.
What are the tax benefits of truck equipment financing?
Section 179 deduction: deduct up to $1.22M (2024) of equipment cost in year one. Bonus depreciation: 60% (2024) additional first-year deduction. Combined, you can often deduct 80-100% of equipment cost in year one. Consult your CPA for your specific situation.
What credit score do trucking companies need for equipment financing?
Conventional truck financing: 600+ (alt), 660+ (bank). SBA 504: 680+. Strong equipment collateral and trucking experience can offset 620-659 scores. We've seen 620-640 approved with 20%+ down and 3+ years experience.
Can I finance a fleet of trucks and trailers?
Yes. Fleet financing programs finance multiple trucks/trailers under one master lease or loan. Typically 2-5 year terms, 85-100% financing. Used trucks: up to 10 years old. We work with providers who specialize in trucking fleet financing.