The Demand for Light-Duty Is Growing!
Since the modernization of the automobile in the early 1900s, being mobile and creating valuable businesses have exploded. Today, more than 1.2 billion vehicles exist worldwide, and more than 95 percent of those are light-duty vehicles (LDVs) — cars and trucks weighing less than 8,500 pounds. By 2027, the global light-duty vehicle market will reach $972.2 billion. The demand for light-duty vehicles is growing steadily due to expanding businesses in many industries, like e-commerce and logistics. Plumbers, electricians, car haulers, construction companies, and other skilled professionals often need financing for specialized vehicles for their business growth and success.
If a light-duty vehicle is right for your fleet and fits your business needs, finding a trustworthy funding partner is vital to your operational costs and business success. Discover why hundreds of light-duty fleet owners have used Commercial Fleet Financing (CFF) to support their financing needs and expand their fleets.
What is a light-duty vehicle?
Light-duty vehicles are primarily used to transport passengers and cargo with a GVWR less than or equal to 10,000 pounds (i.e., Class 1 through Class 2 Vehicles, as designated by the U.S. Department of Transportation). Some examples of light-duty vehicles include:
• Cars
• Vans
• Mini-vans
• SUVs
• Light-duty pickup trucks
Light-duty vehicles are commonly used in some types of commercial fleets. For many small business fleets, pickup trucks are an ideal choice. For others, commercial passenger vans work well for their business.
Many benefits exist to owning light-duty vehicles. The main advantage is lower fuel consumption, which is a plus for fleets using light-duty vehicles as fuel costs are lower. Another benefit is light-duty vehicles are more comfortable and easier to drive. The vehicles also face fewer regulatory requirements, such as DOT numbers and commercial driver’s licenses.
Commercial Fleet Financing – Trusted Funding Partner for Fleets from 5 to 100+
With the right funding partner, growing your fleet has never been easier. If you want to add light-duty vehicles, CFF offers up to $350,000 with an application only. This program requires at least 3 years’ time in business. You can qualify for zero-down payment financing (with approved credit).
CFF’s business began more than 26 years ago by financing commercial fleet vehicles, including cargo vans, box trucks, pickup trucks, straight trucks, last-mile trucks, etc.
Funds in 24 Hours
CFF has grown to be the number one independently owned light/medium duty fleet financing company in America, with the most rigorous training program for our expert, industry-leading loan consultants. You get credit approval in as little as two hours, loan or lease funds delivered in as little as 24 hours, zero-money-down options, and the most flexible terms in the industry. With all this white-glove service, it’s a no-brainer to see why more people choose Commercial Fleet Financing over the slow and cumbersome big banks and credit unions. Learn more here and start your application process today!
The Future of Light-Duty Vehicles
Electric Vehicles (EVs) have emerged as a sustainable mode of transport with the added benefits to the environment to mitigate climate change and pollution. Although alternative fuel vehicles are becoming increasingly popular for personal use, only 6.2 percent of light-duty fleets’ vehicles are alternative fuel. To make light-duty fleets fully electric in the future, equipment manufacturers will need to offer a reliable and economical electric alternative to pickups, vans, and SUVs.
Contact CFF to Learn About Light-Duty Truck Financing
Ready to expand your fleet with a light-duty truck?
Commercial Fleet Financing expands fleets across the U.S. and helps the trucking industry flourish. CFF’s 26+ years in business, expertise, and speed of service are always critical to our fleet financing. We know the industry inside and out and understand your needs. Join more than 10,000 customers who have used CFF to grow their fleets and businesses.
Contact Commercial Fleet Financing to hear about the most flexible financing terms in the market to get on the road with your light-duty truck or van.
About Commercial Fleet Financing, Inc.:
At Commercial Fleet Financing (CFF), our pros have given smart advice to fleet owners and owner-operators in the transportation, moving, towing or construction industries for more than two decades. With CFF, finding the right financing solutions is a phone call away and most borrowers secure commercial vehicle financing with ease. To talk directly with one of our finance pros and get started with credit approval in as little as two hours, CFF’s phone number is (469) 281-2962.
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Get all 10 FAQ’s: “10 FAQ’S Everyone in Transportation Needs to Know Now” booklet below.
Download – 10 FAQs FOR FLEET OWNERS
The experts at CFF answer the most commonly asked questions about financing, including refinancing, which is better loan or lease, and how credit is measured for a company.
