Comparison of Financial Products

  Hire Purchase Revolving Line of Credit
Ownership Immediate Immediate
Equity Buildup Faster None
Tax Depreciation Customer N/A
Payment Higher N/A
Purchase Option N/A N/A
Contract Flexibility Yes Yes
Early Payoff Restrictions No N/A
Personal Property Tax Customer pays
(varies by state)
N/A
Additional Information
  • Customer owns and depreciates
  • Immediate equity through down payment or trade-in
  • Quickest equity buildup through repayment
  • Access funds quickly with a simple request
  • Finance additional or replacement purchases geared to expanding or renewing your fleet
  • Customized financing offered
  • Blanket lien filing not required

 

 

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