Truck financing rates hit 12% as banks exit mid-size fleet market
Three-and-a-half-year freight recession shredded carrier credit profiles while lenders left the sector. Fleets of 50 to 200 units now face a capital squeeze.
#Truck Financing
4 posts tagged with this topic.
The dealer's monthly payment hides 21% in interest. Here's the math.
A $75,000 truck financed at 9% APR for 60 months costs $90,940 all-in. The $15,940 gap is total interest. How to calculate what you're actually paying before…
BMO Sells Truck Financing Units to Stonepeak in Undisclosed Deal
Infrastructure investor Stonepeak acquires BMO's commercial truck financing businesses for undisclosed cash plus earnout tied to performance targets.
What Commercial Truck Financing Actually Costs in 2026
Advertised rates start at 7.9%, but credit score, truck age, and lender type push the real APR as high as 35%. Here's what moves the number and where the traps…