A FINANCE PARTNER THAT UNDERSTANDS THE TRUCK BUSINESS
Access to capital is critical for every business. Whether you're replacing aging equipment or growing your fleet, you need a financial partner that can help you get the resources you need. While not every lender understands the commercial truck industry, the expertise at International® Financial1 runs deep. In fact, International Harvester pioneered the captive finance model in 1949 and has a long history of delivering industry-leading, customer-focused solutions.
Hear from Steve Schuster, owner of the Schuster Company, talk about his experience with International Financial, “The process we went through with financing a fair market lease was streamlined and very efficient. It’s just a great opportunity to be able to get the whole package.”
Commercial vehicle loans can offer several advantages for businesses of all sizes. With no mileage limitations, no vehicle usage limitations, customizable payment schedules and depreciation tax benefits, a loan can offer exceptional flexibility when it comes to adding equipment. Plus, a loan can also include truck bodies, vehicle modifications, extended service contracts and more. Want to know what the numbers might look like? Be sure to try our commercial vehicle loan calculator.
Leasing can offer a variety of benefits2, ranging from potentially lower upfront costs and lower monthly payments for newer equipment to providing flexibility for customers not interested in owning equipment or having to sell or trade their vehicles. Different lease types are available for whatever fleet vehicles you may need, all with fixed monthly payments throughout the lease term.
Looking for a more affordable option? International Financial offers many of the same financial services and support that new vehicle customers have access to along with flexible terms and convenient online account management. And when you buy from a participating International® Used Truck Center, International dealer, or IC Bus® dealer, you’ll enjoy the convenience of a single bundled deal.
Managing fleet needs within a constrained budget is no easy task. International Financial is here to help. Our tax-exempt lease purchase solutions can go a long way in helping municipal borrowers3 stretch every dollar.
Tax-exempt lease purchases can provide4:
- Expedited and competitive access to capital
- Typically, no voter approval required
- No agency rating or bond insurance required
- No financial covenants required
- Typically, no pledge of revenue or covenant to levy additional taxes required
RESOURCES
Ready to grow your business? Our online credit application makes it easy to begin the process for a commercial vehicle loan or lease. Submit your information online and work with your International® dealer to determine the financing option that best fits your needs.
Explore the many ways International Financial can support your business growth.
See how International Financial can help municipalities like yours stretch every dollar.
International Financial offers a variety of solutions that can help school districts with their transportation needs.
School bus leasing companies will find that International Financial can bring powerful solutions that can boost their business.
1 International Financial products and services are provided by Navistar Financial Corporation NMLS#1561857 and Navistar Leasing Company NMLS#2486424.
2 Program eligibility, actual payments, terms and down payment are determined by Navistar Financial Corporation based upon creditworthiness of customer.
3 Financing under International Financial Municipal Program is provided by Bank of America, N.A. (“BANA”), BAPCC, LLC, an affiliate of BANA, or another approved funding source. Program eligibility, actual payments, terms, and down payment are determined based upon creditworthiness of customer.
4 International Financial does not provide or endorse any legal, tax, or accounting advice or tax strategy to its dealers, customers, or potential customers. You should consult with your own tax and accounting advisor on all such matters relating to the loan or lease financing described in this brochure.
