Day Cab Financing

Are You Looking to Buy a Day Cab and Need Financing?
 
We Are The Number One Independently Owned Transportation Equipment Finance Company in the United States.
 
Contact Us To Help Grow Your Fleet!

Get the Day Cab Your Business Needs

Day cabs are used for most short-haul routes and occasionally for longer routes where the driver plans on arranging a motel or other accommodations.

There is a wide variety of day cabs to fit the precise needs of your business. If you do short-haul and regional deliveries, and your drivers are on the road for less than a day, day cabs are always better. They offer some key features:

  • Maneuverability: Because they are more compact, they are easy to navigate in urban areas and tight spaces.
  • Fuel efficiency: Because they are lighter, they use less fuel, making them a perfect choice for long or frequent trips.
  • Driver comfort: Modern-day cobs are fitted with climate control, ergonomic seats, and other amenities to ensure comfort.
  • Payload capacity: They are designed to maximize cargo space.
  • Versatility: Day cab trucks can easily be adapted for all kinds of industries and uses.

All semi-trucks are expensive, and high-end day cabs can cost well into six figures. Getting financing to afford these vehicles can be tough for fleet owners, as many financing companies don’t understand the industry or your needs. Fortunately, Commercial Fleet Financing is ready to help.

What Types of Day Cabs Do We Finance?

We finance all kinds of day cabs to fit the needs of every trucking company. Let us help you purchase any of the following:

Standard Day Cabs

These are the basic day cabs that most short-haul truckers use. They have a compact design with a single row of seats and are designed for high visibility and maneuverability. Commercial Fleet Financing can finance standard day cab trucks and help you assemble a fleet.

Heavy-Duty Day Cabs

Heavy-duty day cab trucks are designed for large payloads and tough jobs. They feature reinforced frames, powerful engines, and advanced braking systems. These trucks are most often used in heavy freight, construction, and mining. We can help you with the high-cost loans needed to afford the heaviest-duty, toughest trucks.

Image of a day cab semi truck on the road.

Medium-Duty Day Cabs

Medium-duty day cab trucks balance capacity and efficiency, with a moderate payload capacity. They are popular for regional hauling, urban deliveries, and municipal services requiring agility. Commercial Fleet Financing has loans for these trucks too, helping you expand your fleet in a way that works for your business.

Light-Duty Day Cabs

Light-duty day cabs are small, fuel-efficient, and easy-to-handle trucks designed for small businesses and local, last-mile deliveries. They are compact and cost-effective and can fit into small urban spaces. While these trucks are typically cheaper, many companies still need financing, and that is where Commercial Fleet Financing comes in. We offer tailored light-duty day cab truck financing.

Vocational Day Cabs

Vocational day cab trucks are designed for service applications and are often custom-built for a specific trade purpose of a trucking business or similar operation. They may have special features, such as hydraulic systems, to allow for highly specialized use. These trucks tend to be very expensive, but we can help with reasonable terms and a lower down payment. Call us for vocational day cab truck financing today.

Cab-Over-Engine (COE) Day Cabs

Cab-over-engine day cab tractors have a cab that sits above the engine, creating a flat front. This gives these trucks excellent visibility and a tighter turning radius, ideal for tight urban environments. If you need a COE truck, we can help you with a fast, easy loan. Apply for COE day cab truck financing today.

Conventional Day Cabs

Conventional day cabs, on the other hand, have a more traditional design with the engine in front of the cab. This typically gives better driver comfort and aerodynamics as well as more frame options for attachments. We can help you secure funding for conventional day cab trucks for all of your deliveries.

Specialty Day Cabs

Last, but not least, specialty day cabs are designed with unique features and/or attachments for specific tasks. This might include tanker trucks, flatbed haulers, and refrigerated units, as well as trucks with specialized cargo handling systems. These can be extremely expensive and particularly hard to finance, so let Commercial Fleet Financing help you out.

How Does Day Cab Financing Work?

We provide fast, easy approval for day cab financing. Follow our streamlined process and get your funds in no time!

  1. Fill out our simple online application. If you need more help, you can contact one of our finance specialists.
  2. Get together the required documentation, including proof of business ownership, financial documents, and details of the vehicle(s) you plan on buying.
  3. Wait a couple of days for our fast and transparent review and approval process.
  4. Select from the provided financing options to support your cash flow and budget.
  5. Receive your funds and purchase your truck(s).
  6. Get ongoing support throughout the life of your loan.

As specialized lenders, we can provide you with better terms faster. We understand the trucking industry and your needs.

Day Cab Loans vs. Day Cab Leases

Choose between a loan and a lease to move your business forward. Loans have many advantages, but for some companies, a lease may work better. Here are some things to consider:

Benefits of a Day Cab Loan

  • Ownership: You own the truck outright as soon as you make the last monthly payment. You can customize it as you need, sell it to recoup some costs or keep it as long as you want.
  • Potential tax advantages: You may be able to deduct the interest on the loan and/or depreciation on the truck’s value. Talk to your tax advisor.
  • Potential lower long-term costs: While a loan is more expensive in the short term, owning your day cab truck will be more cost-effective in the long run.
  • Equity: You own your truck and can use its value by selling it or using it as collateral.
  • Sense of security: Owning your trucks helps you feel secure and in control of your business.

Benefits of a Day Cab Lease

  • Lower upfront costs: You don’t have to find a down payment, but only have to pay a security deposit and/or the first month’s lease.
  • Predictable monthly payments: Your monthly payments aren’t affected by interest rates and are fixed for the lease term.
  • Potential lower maintenance costs: You can choose a lease that includes routine maintenance, lowering costs and reducing hassle.
  • Access to newer vehicles: You can update your trucks every time the lease term expires, giving your drivers access to the latest safety advances, and reducing fuel costs.
  • Flexibility: You can often choose a lease term that suits your business goal and budget.
  • Focus on core business: Leasing means you don’t have to worry about a lot of things related to your fleet, potentially including routine maintenance.

When deciding between leasing and financing a day cab truck, three key factors stand out.

The first is ownership. With a loan, you own your truck. You can customize it as needed, sell it when it no longer suits your needs, or keep it until it “dies.” With a lease, you have to return it in good condition.

You also must consider upfront costs. With a loan you pay a high down payment, typically 20% of the value of the vehicle, which can be prohibitive for smaller businesses or larger purchases. On the other hand, leases have lower upfront costs.

If your goal is the long-term benefits, a loan boasts the long-term benefit of either cashing in on appreciation or deduction depreciation. Leases are cheaper, but you don’t build equity or gain ownership over time.

Why Choose Commercial Fleet Financing?

We are specialist lenders who have been financing day cab trucks for over two decades. We offer competitive rates, including for new businesses with short credit history, as well as a streamlined process and expert advice.

We help new and growing businesses finance their fleet, and we help owner-operators purchase the truck that will be at the heart of their businesses. We understand your specific needs and work with you to secure the financing you need.

 

Drive Your Business Forward With Commercial Fleet Financing

Our financing experts are waiting to take your call about all types of semi-trucks, from those with a sleeper cabin and sleeping quarters to vocational vehicles. We’re the go-to financing firm for owner-operators who want to do more with their fleet.

To get your personalized financing quote or pre-approval, contact Commercial Fleet Financing.