There are many options for fleet owners to access financing and lease capital equipment these days. We’ve simplified the process by providing an easier way for you to acquire a Fleet Line Of Credit with flexible terms to suit your needs!
Create a plan with a Pro Fleet Advisor to best fit your budget and current economic conditions. If you want to know now how much you’ll save by financing and leasing with PLS, go to our Pro Fleet Savings Calculator.
We Offer Faster Approval Ratings
With over 100 years of experience behind us, we have simplified and expedited Fleet Financing to just 48 hours. Once you reach out to your advisor, they will work tirelessly to get you the credit line you need for your business to be on the road.
Our Private "No Credit Hit" Financing
Pro Leasing Services is a privately owned company and we offer our independent financing that will not be reported to a credit bureau or work against your current credit score. We can offer you up to $10,000,000 for a fleet line of credit in as little as 2 business days.
With more capital available to use in other areas of your business, PLS is your answer. Connect with your Pro Fleet Advisor today.
Custom Fleet Lease Agreement
A company’s fleet leasing program should be flexible to suit the individual needs of its customers. We offer both Open Ended Leasing and TRAC as well short term tenure lengths for those who need it most!
Terminal Rental Adjustment Clause Leases offer you more freedom than other types of leasing structures because they provide some flexibility to choose your terms. TRAC leases give you the opportunity to negotiate terms, but it’s important that before making any decisions on this front your needs are taken into consideration.
You might secure lower monthly payments in exchange for a larger residual at end of contract if certain restrictions are met; however, there is always an option not to purchase anything through these contracts either way which could lead back down other paths such as selling off equipment after or keeping what was leased out when all is said and done.
However, if the amount is lower than what you owe in monthly payments then it’s considered an outstanding balance and will be collected by your lender. One variant is a “Zero TRAC lease,” which you get to write off to “Zero” at the end of term and allows buyers access to prices for buying equipment at a fair market value without taking on debt.
Like a typical lease agreement, an open-end lease will be for a set period of time and the lessee must buy out their own contract at its conclusion. However there are two major differences – unlike with monthly leases where wear and tear on your fleet is inevitable due to constantly changing drivers who may not care about keeping up standards as much as you do (and sometimes even cause damage), this type of arrangement benefits those that maintain high quality services or products by leasing them exclusively so they can charge more when compared against other similar offerings.
Frequently Asked Questions
You would choose this option primarily if you and your business have a good deal of experience in reselling and remarketing. If you don’t have an understanding of the future market(s) you can end up paying more.
TRAC leases are a great option for those who want to save money on monthly expenses. The smaller down payment and tax-deductible payments make it even easier, with the potential of lower costs per month than other types!