INDEPENDENT OWNER OPERATORS



Whether you’re a small fleet or a single vehicle owner operator, having a financing solution that promotes your success is crucial. Crossroads Equipment Lease and Finance is here to help independent contractors business thrive by assisting you with your vehicle acquisition. We offer flexible terms and customized payment structures to suit the needs of an independent contractor’s business. There is no other lending institution that offer’s the suite of value-added products and services to make purchasing a vehicle easier or quicker.

► New and Used Equipment
► Lease and Loan Options
► Zero Down and Extended First Payment Options

► Terms Up to 7 Years
► Sale Lease-Backs
► Extended Warranty


RATES STARTING @ 3.99%


App Only
< $250,000

Time in Business

Min. 2 yrs.

Paynet/FICO

660+

Previous Truck Credit

Yes

Equipment

2010 or newer titled equipment


Fleet Credits
> $250,000

Time in Business

Min. 2 yrs.

Paynet

660+

Tangible Net Worth

Must have positive tangible net worth

Cash Flow

Must cash flow requirement

Equipment

2010 or newer titled equipment


CalCAP - App Only
< $250,000

Specific to California Only

Time in Business

Min. 2 yrs.

Paynet/FICO

550+

Previous Truck Credit

No

Equipment

2009 or newer titled equipment

 





WAYS TO PURCHASE

Lease

Loan

Cash

  • Frees up Capital

  • Hedge Against Inflation

  • 100% Financing

  • Simple Application

  • Potential Tax Advantages

  • Easy Add-ons and Trade-Ups

  • Preserves Credit Lines

  • Fixed Payments

  • Longer Terms

  • No Down Payments

  • No Additional Collateral

  • Reduces available credit lines

  • Extensive documentation

  • Extensive monthly reporting

  • Often requires additional collateral

  • Often requires down payment

  • Not flexible

  • Negative impact on balance sheet

  • Bank Loans can be cancelled by lender at anytime

  • Disregards time value of money

  • Depletes cash reserves

  • Negative impact on
    balance sheet

  • Reduces cash asset position



Loan Options Lease Options


Roll these costs into your monthly payment


INSURANCE

WARRANTY

ROADSIDE ASSISTANCE

 

Get Approved for Credit