Sleeper Truck Financing

Are You Looking to Buy a Sleeper Truck and Need Financing?
 
We Are The Number One Independently Owned Transportation Equipment Finance Company in the United States.
 
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Rest Easy With the Right Sleeper Truck for Your Business

At Commercial Fleet Financing, we understand that there are a wide variety of sleeper semi-trucks to support your business needs and the lifestyle of your drivers. These range from simple beds for people who just want to be able to rest when they need to, all the way up to luxury cabs with showers, toilets, and kitchenettes.

All of these trucks are designed to provide comfortable accommodations for drivers who spend days on end on the road. They also have storage options for personal belongings and can be customized to your exact desires and your driver’s ergonomic needs.

Sleeper trucks are, however, very expensive, especially if you are looking into something suitable for drivers who might be a couple of weeks between visits home. Most lenders don’t understand the costs involved or the industry and are likely to give you high down payments and unfavorable terms.

Commercial Fleet Financing has the industry expertise you need in a financing partner who will support your business’ growth.

What Types of Sleeper Trucks Do We Finance?

At Commercial Fleet Financing we finance all types of sleeper trucks for all types of businesses, from large companies with large fleets to owner-operators who want to live a good life on the road. We provide financing options for the following truck types and for all your customized options.

Standard Sleeper Trucks

Standard sleeper trucks are designed for truckers who might need to spend the odd night here and there in the cab but don’t want to sleep in their chair. They provide a bed, some storage space, and, often, basic climate control.

Commercial Fleet Financing can offer semi truck financing for sleeper trucks and help you upgrade your fleet so everyone gets a bed.

Extended Sleeper Trucks

Extended sleeper trucks are a little bit larger and offer more living space. They’re designed for drivers on multi-day trips who need more space for storage. Some have a small seating area as well. While more expensive, they’re also more comfortable.

We can help with finance programs to purchase new extended sleeper cabs, whether to expand your fleet or upgrade it.

A sleeper truck or sleeper cab semi-truck driving on a highway.

Luxury Sleeper Trucks

Luxury sleeper trucks go above and beyond to provide your driver with maximum comfort on the road. They have extensive amenities such as advanced climate control, entertainment systems, and kitchenettes. These trucks are designed to help your drivers rest and are also popular with owner-operators who seldom return to a home base.

Getting the funding to afford these premium trucks (or convince a lender you need one) is a problem, but not with Commercial Fleet Financing!

Integrated Sleeper Trucks

Some sleeper cabs have the sleeping area as a separate compartment with a separate entrance. Integrated sleeper trucks fully merge the two, which increases space utilization and results in a smaller cab for the amount of space. These often have modern amenities and ergonomics. Integrated cabs are popular with drivers who might routinely drive in difficult climates.

Contact Commercial Fleet Financing to find out how we can help you fund modern integrated sleeper trucks for your drivers.

Custom Sleeper Trucks

If your company has unusual needs, you might want to go all the way and purchase a custom sleeper truck. These trucks offer unique layouts and features and may include specialized equipment, a customized workspace to get paperwork done, and even facilities for pets. Custom trucks are expensive but perfect for companies with unusual needs or drivers who know exactly what they want.

Commercial Fleet Financing offers easy approval on the high-value loans needed to acquire a custom truck.

Team Sleeper Trucks

Team sleeper trucks are designed for two drivers working together. Often the fastest way to do super long haul routes is for one driver to drive while the other sleeps, and these trucks are designed for this. They have two bunks or beds for those times they both need to sleep and amenities for multiple occupants.

Team sleepers can pay for themselves in saved delivery times, but are very expensive, so let Commercial Fleet Financing help you finance them.

Super Sleeper Trucks

Super sleeper trucks provide a home-like environment to drivers who spend a lot of time on the road. They’re bigger than other types of sleeper trucks and often have full-sized beds, televisions, refrigerators, microwaves, and decent seating areas.

We can help you afford these with competitive rates and good deals on high-value loans. Fill out a financing application today.

Integrated High-Roof Sleeper Trucks

High-roof sleepers provide more vertical space and thus more standing room, especially for taller drivers. They sometimes have upper bunks or lofts to make more use of that space and often have more storage.

Commercial Fleet Financing can provide loans for these too, or for any other sleeper trucks you need.

How Does Sleeper Truck Financing Work?

Sleeper truck financing with Commercial Fleet Financing is easy! Just follow our simple protocol to get pre-approved today.

  1. Fill out the easy online application or talk to one of our finance specialists.
  2. Provide the required information such as business ownership, financial documents, and details of the kind of truck you are buying.
  3. Wait a couple of days for our fast and transparent review process.
  4. Choose from one of our competitive financing options to fit your budget.
  5. Receive your funds.
  6. Purchase your new truck.
  7. Enjoy ongoing support throughout the life of your loan.

We keep our process as straightforward as possible so you can focus on your business.

Sleeper Truck Loans vs. Sleeper Truck Leases

Whether to get a loan or a lease for these very expensive vehicles depends on several factors such as your business needs, credit history, and a good understanding of the pros and cons.

Benefits of a Sleeper Truck Loan

  1. Ownership: Owning your truck gives you more of a sense of security and control. You own the sleeper tractor once you have paid it off and can sell it to put towards a new one, customize it, or keep it in the long term. If you intend to heavily customize, you pretty much need a loan.
  2. Tax Advantages: You may be able to deduct your interest payments and/or the depreciation on the truck. Check with your tax advisor or accountant.
  3. Potentially lower long-term costs: While a loan costs more upfront, the fact that you can keep the truck for a longer time can save money, and you avoid lease-end costs.
  4. Build Equity: This doesn’t just help if you sell the truck; you can also use it as collateral for a loan in the future.

Benefits of a Sleeper Truck Lease

  1. Lower upfront costs: You avoid the high down payment in favor of a simple security deposit or the first month’s lease fee.
  2. Predictable monthly payments: Interest rate changes don’t impact your payments, making them easier to predict and budget for.
  3. Maintenance Considerations: You can find a lease that includes routine maintenance, often a good deal, and you then don’t have to worry about scheduling maintenance or finding the right mechanic.
  4. Fleet Upgrades: Every few years you can lease a brand-new truck. Especially with sleeper cabs, this allows your drivers to have the latest technology.
  5. Greater Flexibility & Control: Leases are often more flexible and you can typically choose the length of the lease term. Leases also require a lot less attention, meaning you can focus on your core business.

There are three key differences to consider when making your choice between a lease or a loan before getting a sleeper truck financed.

The first is ownership. With sleeper cabs, your drivers are likely to want to make extensive changes, which may not be possible with a lease. You’re expected to return it in “good condition.” The second is upfront costs. Not every business can afford the down payment on a very expensive truck, and leasing avoids this.

The third is long-term benefits. There are real benefits to owning your equipment, including the ability to sell it, use it as collateral, or get the most use out of it.

Why Choose Commercial Fleet Financing?

Most lenders don’t understand the very specific needs of the commercial trucking industry. Commercial Fleet Financing is different. We have over 20 years of experience as a specialist provider of financing options in this area.

Choose us because we have:

  • Competitive rates
  • An easy and streamlined application process
  • Flexible terms
  • Fast approvals
  • Expert guidance

We can help you buy the right vehicles for your business, including specialized sleep trucks.

 

Drive Your Business Forward with Commercial Fleet Financing

Need financing for your fleet? Contact Commercial Fleet Financing for a personalized financing quote and to get pre-approved today.