COMMERCIAL AUTO-LEASE FINANCING
Your vehicle fleet is an integral part of your business. Whether you have a fleet of 1 or 100, we can help keep your vehicles on the road and your operation running smoothly.
While many vehicle manufacturers and dealerships have pre-packaged lease options, your business may not fall in line with their restrictive guidelines. We can work with your vendor or provide options from our nationwide network of equipment dealers, private sellers, and manufacturers.
At HUB, we provide single source, in-house credit review and pre-qualification. This means we conduct one soft credit inquiry to provide our underwriters with the information they need, saving you from multiple credit hits. We work with our network of over 150 funding sources to match you to the best funding option.
Your needs can change overnight. We work fast to help you meet those needs. Whether trading-in a single piece of equipment or adding multiple assets to your fleet, we can work with your needs, budget, and timeline.
Many of our clients find our leases have tax benefits. Traditionally, leases can provide the ability to write off 100% of the monthly payment. This – coupled with our ability to provide flexible, low down-payment terms – allows financial diversification and savings. We work with clients and their accounting professionals to customize a finance package that fits your needs.
You can choose from a variety of lease packages with open or closed-end options. Closed-end leases provide a set term and mileage cap which works well for company vehicles used locally that can be replaced every 24-48 months. Open-end leases are set for a longer term with no mileage restrictions. They are best used for vehicles with a higher residual value, driven beyond the standard annual mileage, and have a term range between 24-60 months. Track leases are available on certain models.
With HUB leasing, your upfitting and vehicle customization can be included in your lease payment which saves time, hassle, and out of pocket expenses. We work with manufacturers, dealerships, and aftermarket upfitting suppliers to put together the equipment and features you need to increase your operating efficiency.
HUB works with dealers in your area to assess your trade-in and create a lease program for the vehicle you want, with the terms you need.