Transportation Financing
Transportation Financing
Finance for Commercial Transportation
Dealing with aging machinery that is nearing the end of its anticipated lifespan is not enjoyable. You might be spending a lot of money on repairs because of that. Like everything else, maintenance expenses are rising. Does that have an impact on your revenue?
Onkoure Financial Services is your ideal ally if you need to update dated and malfunctioning equipment or increase your fleet. For company owners who operate their own vehicles or for transportation companies, we offer the best loan and lease programs. You can rely on Onkoure Financial Services for private transportation financing whether your company is just getting off the ground or is well established.
We also recognize that your company’s performance depends on having the most dependable tools and machinery. You can quickly obtain it from Onkoure Financial Services and repay it with manageable monthly installments.
To purchase or hire commercial trucks, trailers, buses, limos, taxis, ambulances, and specialty vehicles, you can obtain the financing you require.
When you apply for financing for commercial trucks, the vehicle serves as security for the loan.
Collateral
When you apply for financing for commercial trucks, the vehicle serves as security for the loan.
One-time payment
The down payment may vary from 0% to 30%, or the borrower may need a month’s worth of down payment and a security deposit, depending on the strength of your loan application.
Onkoure Financial Services responds YES to bank rejections!
Almost all transportation company owners will eventually need a working capital loan. They are a quick source of capital that can pay for operating costs to keep the company running efficiently. Loans for working capital make it possible for transportation companies to expand and thrive. Onkoure Financial Services can accept you for financing whether or not you have collateral.
Loans versus leases
To get the most out of their business, many fleets decided to lease and own. If you’re trying to decide between purchasing or leasing, keep reading to find out the advantages and disadvantages of each.
When you fully repay a loan, you become the outright owner of the car. Owning your fleet offers you control over your assets, which is a great idea. You must take into account additional costs associated with ownership, such as upkeep, car depreciation, taxes, licensing, etc., in addition to the final purchase price. Contrarily, the down payment and many other expenses of purchasing are eliminated with leasing.
Poor credit? No issues
Our loan programs are intended for people who have experienced unfavorable life situations that have negatively affected their credit scores.
Utilize our online pre-qualification tool to see if you are eligible for a credit.
There are times when the inventory needs to be expanded or the outdated vehicles need to be replaced, from charter buses to tow trucks. The assistance of Onkoure Financial Services, Inc. We take pride in offering the simplest, most uncomplicated online loan application procedure for financing of transportation.
Fill out the application first, then be prepared to discuss your transportation financing objectives with us so we can start working on realizing them.
Our loan application procedure is very simple, with a 95% approval rate:
- Apply online and qualify right away.
- Rapid credit acceptance
Increase the size of your fleet by allowing us to assist your firm in growing. For your requirements, we can design a loan specifically.
Call Onkoure Financial Services right away to get started. We make the financing of commercial transportation projects easy.