Commercial Financing & Commercial Leasing
Transwest offers convenient, on-site truck financing plans to fit the needs and budget of each and every one of our customers. With the help of our wholly owned finance company, we work with you to find the best truck finance plan available.
Commercial vehicle financing provided by Translease.
How you choose to finance your equipment, whether business or personal, is an important decision.
At Transwest, we look to be a single source solution for you. For this reason, we offer a wide variety of financing options through a number of specialized financing partners.
Looking for Commercial Financing?
Our internal partner of the Transwest family is our leasing company, Translease. Their professional staff is highly skilled in crafting the custom leasing solutions that answer the challenges of your equipment financing needs. With nationwide coverage, the Translease team will work with your business to find the perfect financing solution.
Over the past 20 years, their commitment to the industry has moved Translease Inc. into the top 100 largest lease companies in the United States. They are listed in the top 25 privately owned lease companies in the United States. Experience and volume give them the edge to become one of the fastest growing companies in the industry, serving customers in all 50 states, Puerto Rico and Canada.
Their vision is to provide you, our customer, with the means to scale with the needs of your operations and find leasing solutions, to fit your bottom line. Committed to giving you competitive rates and the best terms possible on every equipment lease, Translease is here for you.
Terminal Rental Adjustment Clause leases or TRAC leases afford you the opportunity to get the equipment your business needs at the lowest rate available. This means a lower monthly payment for you and more on hand cash for your business operations. Your business will still hold the depreciation benefits and the tax savings are passed along to you through your lower payments. Your payments are completely tax deductible.
Fair Market Value Leases or FMVs are a solution that offers you literally the Fair Market Value of the vehicle. This value is determined by evaluating the potential value between a willing buyer and a willing seller, based on similar vehicles, terms, and conditions. The vehicle remains under the lending company’s ownership. Mileage caps may apply to this lease.
Our standard equipment lease is a tax lease on non-titled equipment. Translease would take on the risk of ownership, and you are allowed to claim the entire amount of the lease rental as a tax deduction. There are a variety of lease options available for you, for this type of equipment.
Looking for a lease with a fixed purchase option when the lease terms?
An Installment lease may be the plan for you. Upon execution of the lease terms, the ownership of the vehicle and subsequent tax benefits pass along to you immediately. When the lease terms, there are typically no additional payments and you retain ownership of the vehicle.
LOAN & SECURITY AGREEMENT
Purchasing a vehicle?
A Loan & Security Agreement sets you up with a lease that gives you the equipment on a fixed rate basis. You can better utilize your operating capital on potential market expansion deflecting rising cost with the flexibility of convenience and an additional option for equipment cycling over time.
We have solutions for your business and your life and specialize in financing for:
- Heavy-duty, medium duty, and light duty trucks
- Commercial Trailers
- Car haulers
- Parcel delivery trucks
- Recreational Vehicles
- Horse and Livestock trailers
- Cars, trucks, and SUVs
- and more!