Financing
Department

YOUR COMPLETE PROVIDER

FOR COMMERCIAL VEHICLE FINANCING

When you’re purchasing a new or used commercial truck or your new IC Bus, the finance team at Southland has you covered. We know how the industry works, and Southland has an extensive network of financial service companies we can rely on to get you the very best financing options available.

FINANCE SOLUTIONS MADE EASY

Once you choose the right truck or bus for your organization, Southland can simplify the next step, ready to step up to provide numerous financing options for your convenience. Truck our fast and efficient approvals.

We offer competitive rates and flexible financing solutions through BMO Harris Bank, Navistar Financial, and multiple additional reputable financing options. We can customize financial programs for all your equipment needs, including new trucks, used trucks, and buses.

OUR MOST POPULAR FINANCING OPTIONS

• Retail Finance
  Also known as debt financing, a retail finance contract allows you to include the funding for related equipment, along with many of the other costs, for placing equipment in service. With this option, you’ll take ownership of the equipment and build equity on it.

• TRAC Leasing
  If you want maximum monthly cash flow with a limited initial investment—while still retaining ownership—you should consider a TRAC (Terminal Rental Adjustment Clause) Lease. With this option, there’s a predetermined purchase price worked into the end of the lease, taking the guesswork out of it by paying a fixed amount equal to what the vehicle is predetermined to be worth at the end of your lease.

• FMV Leasing
  Enjoy new equipment and don’t worry about the trade-in values. An FMV (Fair Market Value) Lease does just that while also maximizing cash flow. We recommend this option for new and used trucks and tractors when our customers don’t desire ownership or depreciation benefits. With FMV Leasing, you aren’t responsible for your equipment’s residual value at the end of the lease term.

• Municipal Leasing
  Municipal leasing is a tax-exempt option for our government agencies. This option helps those entities obtain essential equipment while staying within their budgetary limits. Our finance department can add some flexibility to your budget, assisting you to replace worn-out, high-maintenance equipment.