Broad Eligibility Criteria
Caters to a wide range of businesses, from sole proprietors to large corporations, making it easier to qualify for a loan.
Commercial Auto Loan
Expand your business's operational capacity with our Commercial Auto Loan, offering tailored financing solutions, including flexible repayment schedules and potential tax advantages. With a high loan-to-value ratio, cover a significant portion of your vehicle’s cost, reducing the initial cash outlay for your business.
Interest rate starts at 9.10%
Features
Financing for a Wide Range of Commercial Vehicles
Offers financing for various types of commercial vehicles, including trucks, buses, and specialized vehicles, to meet diverse business needs.
Customized Repayment Plans
Features flexible repayment plans tailored to the cash flow patterns of businesses, aiding in better financial management.
Quick Disbursal of Loan Amount
Ensures quick disbursal of the loan amount to facilitate the immediate purchase of vehicles, helping businesses to quickly scale operations.
Advantages of Commercial Auto Loan
Business Growth Support
Enables businesses to expand their operational capacity by financing the purchase of commercial vehicles without straining cash flows.
Tailored Financing Solutions
Provides customized financing solutions that cater to the specific needs of businesses, including flexible repayment schedules.
Tax Benefits
Offers potential tax advantages, as the interest and depreciation on the vehicle can be claimed as business expenses.
High Loan-to-Value Ratio
Offers a high loan-to-value ratio, covering a significant portion of the vehicle’s cost, thereby reducing the initial cash outlay for businesses.