Truck drivers and members of the long-haul transportation industry keep our economy moving. Can you imagine a world without truck drivers? How would we receive our goods and products? At Exponential Commercial Finance, we understand the importance and significance of this industry, and that’s is why we have two programs geared for members of the trucking and long-haul transportation industry.

First Time Owner-Operator Program

This program is a simple, fast, application-only program that is geared toward owner-operators. Whether or not you have challenged credit, our program offers same-day approvals, early payoff options, fee financing, and no additional collateral required.

Program Guidelines

  • Financing from $10,000 to $55,000
  • 2014 or newer Class 8 tractors (up to 700,000 miles)
  • 2014 or newer Class 6 tractors (up to 250,000 miles)
  • 2014 or newer reefer trailers (up to 15,000 hours)
  • Minimum 25-percent down payment (trade-ins accepted)
  • First-time owners are eligible
  • No minimum credit score (past bankruptcy, derogatory credit history, and foreclosures will not disqualify)
  • Must have a commercial driver’s license (CDL)