Commercial Truck Financing Guaranteed No Hard Inquiries

Looking to Buy a Commercial Truck and Need Commercial Truck Financing? TopMark Funding® Can Help! #1 Rated Commercial Truck Financing Company. Don’t Wait! Get Pre-Approved Before You Buy. Helping Business Owners Like You Grow Your Fleet and Increase Your Revenue!

Get Approved For Up To $250K Within 24 Hours

Application Only!

Need Commercial Truck Financing? TopMark Funding Can Help!

Looking to Buy a Commercial Truck and Need Commercial Truck Financing? TopMark Funding® Can Help! #1 Rated Commercial Truck Financing Company. Don’t Wait! Get Pre-Approved Before You Buy. Helping Business Owners Like You Grow Your Fleet and Increase Your Revenue!

Get Approved For Up To $250K Within 24 Hours – Application Only!

Guaranteed No Hard Inquiries

Commercial Truck Financing

Looking to Buy a Commercial Truck and Need Commercial Truck Financing? TopMark Funding® Can Help! #1 Rated Commercial Truck Financing Company. Don’t Wait! Get Pre-Approved Before You Buy. Helping Business Owners Like You Grow Your Fleet and Increase Your Revenue!

Get Approved For Up To $250K Within 24 Hours – Application Only!

Guaranteed No Hard Inquiries

Need Commercial Truck Financing?

Looking to expand your fleet and increase your revenue? TopMark Funding® is your commercial truck financing expert. Helping business owners like to grow your business and commercial truck fleet while maximizing your profitability with our proprietary FleetSequence™ commercial truck financing program.

TopMark Funding® has a proven track record of helping fleet owners and commercial trucking companies grow by offering great commercial truck financing solutions. We utilize our vast expertise in the commercial truck financing industry to get you monthly payments you can afford, improving cash flow, and maximizing your revenue. 

Deciding whether to finance a fleet of new or used Freightliner, Peterbilt, or Kenworth, or any other trucking brand? Having a partner like TopMark Funding® that understands the commercial truck leasing and commercial truck loan industry and all that comes with commercial truck, trailer, and vehicle financing (titling, registration, insurance, warranties, etc.) is crucial to your success and growth in the trucking industry.

Get Approved For Up To $250K With 24 Hours – Application Only!

Safe & Secure Quote + Guaranteed NO Hard Inquiry Quote

Great Reviews from Truckers Like You

At TopMark Funding your satisfaction is our top priority. With decades of commercial trucking experience we know how important it is to deliver a great customer experience. Check out our reviews from our amazing customers.

Our Process is Quick & Easy! Get Pre-Approved Today

Making smart choices with commercial truck financing is critical to any trucking company working in logistics. Having up-to-date equipment to maximize efficiency and stay in compliance with the ever-changing regulations is important to a company’s growth and sustainability. We’ve made the financing process quick and easy so you can get funded fast and on the road with your new truck.

  1. Apply Online: Click the “Get Pre-Approved Today” button. Fill out the contact form and one of our truck funding specialists will call you ASAP! Or for immediate assistance give us a call at (866) 627-6644
  2. Select a Solution: A commercial truck funding specialist will contact you to go over your funding and business needs. We want to understand your needs to better help us find the best solution that meets your objectives.
  3. Review Documents: Once we have determined the best truck finance solution for you and your business, documents are generated and then emailed for review and signature. An electronic signature is acceptable on most documents.
  4. Get Funded: After the signed contract is returned, we’ll process your documents. Most transactions fund within 1 to 3 days. Fast turn around to get you the truck you want up and running.

Get Pre-Approved – Click the Get Pre-Approve Button Below to get started today. Get pre-approved in minutes. We do a soft credit pull, NO hard inquiries (unlike our competitors), and guaranteed not to hurt your business or personal credit score.

Frequently Asked Questions

HOW TO FINANCE A COMMERCIAL TRUCK

Commercial truck financing is different from traditional vehicle financing and leasing. Traditional vehicle and truck loans typically require your credit, business revenue, and time in business to determine if you’re qualified.

When it comes to commercial truck financing, the truck you decide to purchase becomes the collateral, which helps to limit the lender’s risk on the commercial truck lease or loan. By reducing the risk you’re more likely to be qualified for commercial truck financing.

Several factors will determine your commercial truck loan or lease term, interest rate, and down payment. Here’s a list of all the requirements and factors that determine your eligibility and financial requirements.

 1. DETERMINE YOUR ELIGIBILITY – GET PRE-APPROVED

Before you go semi-truck shopping it’s recommended first to get pre-approved for semi-truck financing. At TopMark Funding we have a quick and easy pre-approval process. One of our finance specialists will ask you a few questions about your credit and business history. We will then do a soft pull on your credit, not a hard inquiry. The majority of our competitors do a hard credit inquiry. That’s not good for your credit score. Our pre-approval process is guaranteed not to harm your business or personal credit score. Once we get your credit results back we’ll get you pre-approved with the amount you’re allowed to finance.

Here are a Few Factors That Determine Eligibility

  • Credit Score – 600 or Above for the Best Semi-Truck Financing Rates.
  • Time in Business with a CDL License – 3+ Years Preferred (But We Can Finance Start-ups Too!)
  • Down Payment Amount – How Much Can You Afford to Put Down on Your Semi-Truck.

Making smart choices with semi-truck financing is critical to any trucking company. Having up-to-date equipment to maximize efficiency and stay in compliance with the ever-changing regulations is important to a company’s growth and sustainability. We’ve made the funding process quick and easy so you can get funded fast and on the road with your new truck!

  1. Get Pre-Approved: Click the “Get Pre-Approved Today” button. Fill out the contact form and one of our semi-truck finance specialists will contact you ASAP! Or for immediate assistance give us a call at (866) 627-6644
  2. Select a Financing Program: A finance specialist will contact you to go over your funding and business needs. We want to understand your needs to better help us find the best solution that meets your trucking business objectives.
  3. Time to Go Semi-Truck Shopping: Once you’ve been pre-approved your finance specialist will contact you to go over your funding details. Your pre-approval is good for 90 days. Now it’s time for you to go semi-truck shopping!

2. FIND YOUR NEW  COMMERCIAL TRUCK

Here’s the fun part of the semi-truck financing process: shopping for your new big rig! When shopping for your new 18-wheeler you need to keep in mind some requirements the lenders have. We always recommend buying your new or used semi-truck from a reputable semi-truck dealer.  If you’re not sure which semi-truck dealer in your area is reputable, give us a call and we’ll have some suggestions at (866) 627-6644. We have a list of great dealers throughout the US.

  • Make, Model, Year (Less than 10+ years)
  • Mileage (Less than 700k)
  • The truck needs to be for your intended use.
  • Condition Report
  • Any past major repairs.
  • Preferably sold by a semi-truck dealer.
  • Serial Number of the truck.
  • Is the semi-truck new or used
  • Minimum of 3 pictures

Lenders want to make sure the semi-truck you’re trying to buy is a good investment for you and will last the duration of the financing term. Also, the truck is the collateral for the financing. If something were to happen and you can no longer afford to pay the loan or lease back, the lender will need to repossess the semi-truck and recover their capital.

3. FIND GOOD COMMERCIAL TRUCK INSURANCE

Before you get approved and obtain your semi-truck lease or loan, you’ll need to have semi-truck insurance. Semi-truck lenders will make sure you have good semi-truck insurance. Just like your personal vehicle, you’ll need good insurance for your big rig. Just like anything else in life, you get what you pay for. Your semi-truck and business are valuable assets and you don’t want to be under-insured and liable for the potentially massive repair and legal bills.

Commercial truck lenders require you to have the following coverage:

  • Liability coverage
  • Physical damage coverage
  • Bobtail coverage for non-trucking use
  • Cargo and storage coverage that covers what you’re hauling

If you own a fleet of semi-trucks and have employees driving for you, you’re going to need workers’ compensation. Contact your local business insurance agent for more details.

Lenders will not allow you to finalize the deal without the correct type of insurance for a semi-truck. If you have any questions please feel free to contact your finance specialist. (866) 627-6644

4. SUBMIT ALL DOCUMENTS AND GET FUNDED

Once you’ve picked out your semi-truck that meets all the requirements and you have the proper insurance in place, it’s time to finalize your funding. Contact your finance specialist to finalize your application. 

Documents will be generated and then emailed for review and signature. An electronic signature is acceptable on most documents.

After the signed contract is returned, we’ll process your documents. Most transactions fund within 1 to 3 days. We have fast turn around to get you the truck you want up and running.

COMMERCIAL TRUCK FINANCING AND CREDIT

When it comes to getting a new truck, credit can play a big role. When shopping for a loan for a new truck, you need to keep your credit health in mind. A lot of truckers actually harm their credit by applying haphazardly to any and every company that promises they can get them the truck of their dreams.

What actually happens is a LOT of hard inquiries on your report. Remember, each hard inquiry can ding you about 10 points. If you even apply to 4 places, that’s enough to drop your score a whole credit grade.

Dealers are another avenue you want to be wary of in regards to credit. When you “apply” or see if you can get financed for a truck you like at dealership, what that dealers often do is send your information around to any bank or company they think you can get approved at. Again, this leads to many unnecessary and credit damaging hard inquiries.

Don’t worry, there are companies out there that can get approved for Commercial Truck Financing without harming your credit. We here TopMark Funding can help you by getting you pre-approved with just a soft inquiry. This way, you can see your rates without any damage done to your credit or commitment from you.

For these reasons, it’s important for you to be familiar with both your credit score and what financing companies can offer you at your current credit rating before you ding your score. Do your research and make sure you are making good choices for your business. Click the link if you want to read our in-depth Semi-Truck Financing guide. Being knowledgeable about the process and what it means in terms of credit will help you make the best choices.

BREAKDOWN OF FICO SCORE RANGES

Statistically speaking, most people’s credit scores fall between the range of 600 to 720.

  • 300-579: A score in this range is considered Very Poor. Credit applicants with a score in this range will often be required to pay larger fees and deposits, or sometimes may not be approved for credit at all. 16% of people have a score in this range.
  • 580-669: Scores between the 580 mark to the higher 600s are called Fair credit scores. Often, people with scores in this range will be referred to as subprime borrowers. A total of 17% of people have a credit score in this range.
  • 670-739: This range is referred to as Good. Individuals with scores this high have a much lower rate of default. Statistically, about 8% of applicants with a Good range credit score will become seriously delinquent. Around 21% of people have a score in this range.
  • 740-799: People with scores in mid to top 700s are in the range of Very Good. Borrowers with scores in this range will receive better than average interest rates from banks and lenders. 25% of people have a score in this range.
  • 800-850: The top of the scale is considered an Exceptional credit score. Individuals with a credit score above 800 receive the best rates from lenders. Around 21% of people have scores between 800-850.

WHAT AFFECTS YOUR CREDIT SCORE

  • Payment history – This shows if you’ve made your payments on time or at all.
  • Credit utilization rate – How much of your credit you are using on your credit cards.
  • Type, amount, and age of credit accounts – Lenders want to see diversity on your credit report. Having a good mix of credit cards, a car loan, and maybe a mortgage helps your score.
  • Total Debt Owed – This is the amount you owe in loans and how much is on your cards.
  • Bankruptcies, Child Support Due, Public Records – Filing for bankruptcy or having a large amount of delinquent child support will hurt your score.
  • New Credit Accounts – Opening a lot of accounts in a short period of time can hurt your score. If you have gotten too many loans or credit cards in a 2-year period, it can ding you.
  • Hard Inquiries – The number of times a lender has requested your credit information will affect your score. These searches stay on your report for two years.

What Our Great Clients Have to Say

  • Look at Monster Box Transport LLC, and what they achieved working with us.

    Monster Box came to us in 2017 when they only had 3 trucks in their fleet. They had been in business for 3 months and their monthly revenues were $30,000. They had fair credit. Over the following 22 months, TopMark was able to successfully fund 22 trucks for them for $916,648.10, assisting them with their fleet growth. They now have 43 trucks in their fleet and are generating $700,000 in monthly revenue.

  • TopMark Funding Makes The Process Easy

    Topmark funding makes the process easy. Totally upfront and honest from beginning to end. Larry and Andrea are great to work with. Andrea was there step-by-step. Even helping me over the weekend to send documents to them.

    Gregory Tye
    Tye Trucking
  • Great Experience!

    TopMark Funding was such an amazing company to work with. All of my needs were met with the help of Trevor McCoy. He kept me informed with everything being done and walked me through the entire process. I’m looking forward to doing business with this company in the future. Great experience.

    Dyone Youmans
    Prime Time Trucking TSA LLC
  • Easy, No Stress Funding

    Working Top Mark Funding was great. My rep Damain was very friendly, knowledgeable, and there every step of the way. If you’re looking for a funding company to purchase your truck, choose TopMark Funding.

    Charles Levere King Jr
    King Global Logestics, LLC
  • Andrea is my lender, she is the best!

    Andrea is my lender, she is the best! It was so easy going through TopMark Funding. Andrea treated me and my husband with great respect and honesty. I can’t imagine a better person to represent this company. Thank you TopMark Funding

    Rebecca Sampley
  • This Place is AWESOME!

    This place is AWESOME! The first time applying for a commercial loan and was approved with no red tape or hassle, it was quick and easy. Thanks to Larry and his fellow co-workers. You guys are the best!!! I will be referring anyone that I know that’s in the market to purchase new commercial equipment. “THEY GET IT DONE”(LITERALLY)

    R. Taylor
    R. Taylor Logestics