Work smart with a customizable plan for your business. Our Credit's Commercial Lease is a great alternative to conventional financing. It is a customizable lease program designed for commercial and fleet customers. It offers a variety of terms and residuals to fit your specific needs and can be a smart financial decision for your business.
Eligible Lessees: Must be a commercial entity (sole proprietor, corporation or LLC). Non-profit organizations and private colleges and universities that are not designated as governmental entities are also eligible.
What is Commercial Lease?Â
- An open-end TRAC (Terminal Rental Adjustment Clause) lease
- The lessee is responsible for the residual at lease-end
- For vehicles used more than 50% of the time for business purposes
Note: Vehicles hauling hazardous materials or used for people moving/passenger transport are subject to Credit review and approval.