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The Electric Truck Market Is Heating Up

May 6, 2022 By Engs Commercial Finance

Financing Electric Semi Trucks for Sale

With new-to-market fully-electric manufacturers and traditional diesel manufacturers now developing partnerships with technology providers entering the fray, the next few years will see the electric semi truck market heating up with a handful of logistics companies already placing orders for regional delivery-rated trucks in the final stages of development.  First official manufacturer to serial production […]

Filed Under: Blog, Transportation Tagged With: Electric Trucks, Semi Truck Leases

How To Purchase A Big Rig

July 9, 2018 By Engs Commercial Finance

Buy a Semi Truck

If you’re an established owner operator or manage a small fleet and you’re looking to purchase a new truck, you have a few options for financing a truck, however just starting out, purchasing your first truck can be difficult due to lack of established business credit. Lets begin with financing a truck for established businesses; funding […]

Filed Under: Blog, Transportation Tagged With: big rig financing, big rig trucking business, Semi Truck Leases, truck loans, truck replacement, Truck Trailer Financing

Lease vs. Loan: What’s The Best Way To Finance A Big Rig?

November 30, 2016 By Engs Commercial Finance

Growing Business Funding

When purchasing a new truck or trailer, you’re often faced with the question of whether to lease or purchase the truck or trailer.  Depending on your intended use, long-term goals, financing incentives, and tax situation, one method may be more favorable than the other. What’s the Difference? In short, a loan is borrowing money to purchase […]

Filed Under: Blog, Transportation Tagged With: Semi Truck Leases, Truck Financing Company, truck loans, Truck Trailer Financing

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