Commercial Truck Financing (CTF), a commercial vehicle leasing firm that specializes in International trucks, has added an online lease application to its website. The online applications can be used for any one of the four leasing programs offered by the company. Each leasing program also comes with two purchase options, the company said.
“There are several reasons why leasing is a good idea,” said Dario Frank, CTF business development consultant. “For instance, your working capital cash can be used for financing inventory, receivables, and other business uses, and because your equipment serves as the only collateral for the lease, you don't tie up any other assets. After all, profits come from using the equipment, not owning it.”
CTF’s lease programs for International truck financing are:
- Easy Start program allows businesses to obtain new or replacement trucks and equipment with very little down and low payments for the first six months.
- Deferred Payment plan defers the first payment for a few months to help the client get up and running with their new equipment.
- Escalating Payment program allows the payment to grow as the business grows.
- Skip Payment program allows the client to skip payments in situations where a business is slow or seasonal.
- Lease programs can also be custom-tailored to fit an organization.
To apply online or download a free application, go to www.commercialtruckfinancing.com.