Rollback Tow Truck Financing

Are You Looking to Buy a Rollback and Need Financing?

We Are The Number One Independently Owned Transportation Equipment Finance Company in the United States.

Rollback tow trucks, also referred to as flatbed trucks, are not just vehicles; they’re the lifeline of your tow business. However, obtaining financing for these important assets can often present hurdles.

From stringent lending criteria to lengthy approval processes, the journey to acquiring the right financing solution can be a challenge. At Commercial Fleet Financing, we’ve spent the last 25 years working within the two recognize these challenges, and are committed to providing tailored solutions that meet the distinct needs of towing industry professionals. We understand the demands of your business environment and offer flexible financing options designed to meet all your needs.

Our goal is not just to provide financing but to empower you to achieve your business objectives efficiently and effectively. Let us be your trusted tow truck finance partner and help you get the equipment that’s most important to growing your business.

Why Finance Your Rollback with Commercial Fleet Financing?

With over two decades of experience in the industry, Commercial Fleet Financing understands the unique needs of towing professionals like you. Our solutions have evolved to stay ahead of the curve, ensuring you have access to the latest financing strategies tailored specifically for rollbacks.

When you choose Commercial Fleet Financing, you’ll benefit from competitive rates customized to your credit score and business history. Our rates rival those of traditional banks and credit unions, and we pride ourselves on making the entire financing process seamless and straightforward. Plus, our flexible terms cater to various equipment purchases, ensuring you get the best deal for your rollback.

You can trust that our pricing is clear and upfront, with no hidden fees or confusing jargon. From start to finish, you’ll know exactly what to expect, backed by our ongoing support and guidance.

Applying with us is a breeze. We understand that time is of the essence in the heavy machinery industry, so our processes are designed to be efficient and hassle-free. Many loans are approved within 24 hours, and you could have the funding in your account in just two business days.

Choose Commercial Fleet Financing for your rollback financing needs, and experience the difference our competitive rates, flexible terms, and customer-focused service can make. Get in touch with us today to start strengthening your towing fleet.

What is Rollback Financing?

Rollback financing is a specialized form of funding tailored to the needs of businesses operating in the towing sector. It helps you acquire the expensive and highly specialized equipment you need to grow your operations or keep them running smoothly.

Rather than facing the prospect of paying for a rollback upfront, financing allows you to distribute the financial burden into manageable installments.

Benefits include:

Conserving Cash: Financing frees up cash flow for other business needs, such as bolstering marketing efforts or expanding your workforce.
Immediate Access to Equipment: With rollback financing, you can acquire the vehicle you need without delay. Instead of waiting until you’ve saved enough to make a full upfront purchase, financing empowers you to take possession of the vehicle expeditiously, enabling you to meet the demands of your clientele without interruption.
Potential for Lower Upfront Costs: Depending on the specific financing option you select, you may have the opportunity to make a smaller initial down payment compared to an outright purchase.

What Types of Rollback Do We Finance?

When it comes to enhancing your towing fleet, Commercial Fleet Financing understands your needs and offers tailored solutions to help you acquire or upgrade your flatbeds. Here are some types we finance:

Standard Rollbacks

With towing capacities ranging from 10,000 to 20,000 pounds, these trucks are versatile assets essential for everyday towing operations. Commercial Fleet Financing provides options to help you procure standard rollbacks effortlessly, ensuring your fleet is equipped to handle various towing needs efficiently.

Heavy Duty Rollbacks

These rollbacks are built for hauling larger and heavier vehicles such as buses, large trucks, and construction equipment. They feature robust construction, powerful hydraulic winches, and towing capacities exceeding 50,000 pounds.

Our financing solutions are tailored to your specific requirements, enabling you to invest in heavy-duty rollbacks with confidence, knowing your fleet can tackle the toughest towing challenges with ease.

Integrated Rollbacks

Combining a rollback flatbed with a wheel-lift system, integrated rollbacks offer enhanced versatility, allowing you to tow vehicles with drivetrain damage or missing wheels.

With Commercial Fleet Financing, you can seamlessly integrate these versatile assets into your fleet, expanding your capabilities and maximizing operational efficiency. We also finance rollback trucks with additional features, such as:

Extendable beds that can accommodate longer vehicles that might exceed the standard bed length
Under-lift systems that can help you maneuver low-clearance vehicles onto the bed with ease
Winches that can supplement the hydraulic bed for loading, which is particularly useful in challenging towing scenarios

With Commercial Fleet Financing’s comprehensive financing solutions, you can acquire the ideal flatbeds tailored to your business needs, ensuring your fleet is equipped to handle any towing task effectively and efficiently.

How Does Flatbed Financing Work?

Our process is kept as simple and streamlined as possible. We know you need to get your business rolling as quickly as possible. Just follow the following steps:

Submit an online application or connect with one of our financing specialists.
Wait while our financing providers review your application. We consider your credit history, business experience, and requirements when determining approval.
Choose a financing solution tailored to your budget and business goals.
Receive your funding, typically within 24 hours.
Enjoy ongoing support. We will answer questions and continue to offer up-to-date solutions.

What Financing Options are Available for Rollbacks?

When it comes to financing rollbacks/flatbeds, there are various options available to suit your business’s unique needs. The two most common are loans and leases, both of which Commercial Fleet Financing can help you navigate.

Loans

Getting a flatbed loan is often the most straightforward option. Apply to a bank, credit union, or online lender for money to purchase a rollback outright. Based on your application, the lender will determine the loan amount, interest rate, and repayment term they’re willing to offer. This assessment considers factors such as your credit history, business performance, and the value of the equipment being financed.

If approved, you can use the loan funds to purchase the rollback from a vendor. In many cases, the equipment serves as collateral for the loan, providing security for the lender.

From there, you make fixed monthly payments over the loan term, typically ranging from 2 to 7 years, to repay the principal amount plus interest. This predictable repayment structure enables you to budget effectively and manage your cash flow with confidence.

Rollback loans are great if you have limited working capital and want to spread the money out, but also need to acquire the vehicle urgently. Benefits include:

Preserve Working Capital: Financing enables you to retain cash for other crucial business functions like marketing or payroll, promoting business growth and stability.
Improves Cash Flow: Predictable monthly payments are easier to manage than a large upfront cost, allowing for better cash flow management and financial planning.
Faster Access to Vehicles: Rollback loans expedite the acquisition process, enabling you to secure equipment sooner and capitalize on growth opportunities as they arise.
Potential Tax Benefits: Interest payments on the loan may be tax-deductible in your area, potentially reducing your overall tax liability.
Ownership: Once the loan is repaid, you own the vehicle outright, providing a valuable asset for your business and enhancing its long-term financial stability.

Leases

When it comes to acquiring rollbacks, leasing offers a flexible and cost-effective financing option for businesses looking to optimize their fleet without a significant upfront investment.

Leases are basically long-term rental agreements that allow you to use the equipment while making payments to cover interest and depreciation. At the end of the term, you may have the option to renew the lease, purchase the equipment outright, trade it in for a newer model (and a new lease), or simply walk away.

Benefits of flatbed truck leasing include:`

Lower Upfront Costs: Leases require a smaller down payment compared to loans, preserving your cash reserves for other essential business needs. This also improves cash flow and makes acquiring equipment more accessible.
Tax Advantages: Potential tax deductions for lease payments can offer additional savings, enhancing the overall affordability of leasing.
Easier Budgeting: Predictable monthly payments simplify financial planning, allowing for better cash flow management and budget allocation.
Access to Newer Technology: Leasing provides the flexibility to upgrade to newer vehicles at the end of each lease term, ensuring your fleet remains equipped with the latest features and advancements.
Potentially Lower Risk: By getting a rollback lease rather than a loan, you avoid the risk of depreciation associated with vehicle ownership, providing greater financial stability and flexibility for your business.