ToolTrucks.com can assist you in locating a good leasing plan for your used Tool Truck or Trailer purchase. In general, 2000 – 2009 model year trucks qualify.

Used Tool Trucks can be a challenge to finance for an affordable monthly payment due to the short term and high down payment the banks seem to want. In recent days, it seems as if some banks don't even want to loan money at all.

For the companies we know, the basic qualifications to qualify for a lease are 2+ years self-employment experience. This doesn't necessarily mean tool sales self-employment experience. If you meet this time guideline or are close to it, please read on. If you are new to the tool business, there is info for you at the bottom of this page.

Highlights of the Lease programs available for experienced tool people include:

• Lower down payments and longer terms, which = lower payments for you
  
• Competitive lease rates
• "Off Balance Sheet/Off the Radar" financing - ask us how this helps you.
• Assumable leases help when you are ready to sell
• Finance amount is based on the truck value and your credit, not a pre-set limit.
• Leasing is available for all Tool Trucks, not just those you find on ToolTrucks.com.

 

For more information on Tool Truck leasing plans, please fill in the form below and click on Submit. After submitting your information, you will be contacted by a financing representative. Sellers, if you would like a payment range to give prospective buyers, please fill in the form. You can add these payments to the comments section in your ad.

It's always good to get pre-approved. This allows you to move quickly when you find the right truck, and there's no obligation.

Now for something completely different...Peer to Peer Business Loans

While we are on the subject of financing, there is a new way to make a business or personal loan, Peer to Peer. What's "Peer to Peer"? It's when individual investors instead of a bank fund your loan request through a facilitator like the company Prosper. You can read more about it here, or click on the banner below:

New to the Tool Business?

If you are starting out as a dealer or distributor with one of the four established Tool companies, even with no self-employment experience, no worries - our suggestion is to go with the Tool company-recommended leasing companies: Trans Lease, Snap-on Credit, and Wells Fargo. The "Big Four" Tool companies have relationships with preferred vendors and have set up affordable new and used truck lease programs. If you can take advantage of their programs, it's a good idea. Outside of these leasing companies, it is going to be more difficult for you to finance a vehicle as a "startup". Difficult, but not impossible. We know of a company that will consider your request for leasing. If you will fill in the form below we will ask them to contact you.

We know that when starting out, a lot of things are coming at you at one time. If you have questions about leasing your first truck, you can call us at 770-277-1316, ask for Tom. Note from Tom: I was in the Tool Truck leasing business for 20+ years prior to founding ToolTrucks.com, I will gladly speak with you about it.

Here's the form for a no-pressure no-obligation lease quote, thanks for reading this far down the page: