Premier Financing
At Premier Financing, we're your trusted partner, dedicated to helping you achieve your business goals. From flexible financing options to personalized support, we strive to exceed your expectations every step of the way.
Commercial truck financing is hassle-free with our variety of lenders that offer competitive terms and a wide range of commercial truck financing options. With a secure and straightforward application process, apply today to unlock your buying power.
How To Get Pre-Approved:
- Submit the financing application.
- A dedicated Premier Financing representative will work with a variety of lenders to get you pre-approved.
- When pre-approved, you will receive bidding guidelines that can be used at upcoming Penske Used Trucks Auction.
Financing FAQ’s
Why should I use Premier Financing when I have my own bank?
Financing through Premier Financing ensures a smooth transaction, with Sales and Finance professionals working closely together. Working with Premier also gives you access to exclusive offers and incentives only available when financing a Penske vehicle through Premier. Our knowledgeable and experienced finance managers work with the industry’s top lending partners to find you the most competitive financing on the market tailored to your individual and business needs.
Why should I finance if I can pay cash?
Commercial financing is a great option, especially if you hope to grow your fleet. Establishing a commercial credit history is the most important factor lenders consider for businesses of all sizes. When you finance through Premier Financing, you build credit every time you make a monthly payment, allowing for the possibility of future purchases and expansion. Also, saving cash for daily operations or unexpected expenses provides valuable security.
What credit score do I need to be eligible for financing?
All applicants are eligible for financing. From first-time buyers and business startups to major fleet accounts, Premier Financing has a lending source to suit your needs.
How do I find out when my credit application will be approved?
Expect a prompt outreach from a Premier Financing representative within 24 business hours of your application submission. Following the processing of your application, you'll have the opportunity to connect directly with your dedicated Premier Financing representative to complete the approval process.
Protect Your Investment
Gap Coverage
Safeguard your truck and your wallet
Did you know that if your vehicle is stolen or declared a total loss, you may still be responsible for paying off a portion of the vehicle finance contract?
Many people owe more on their finance contract than their insurance company will pay in the event of a total loss. Guaranteed Asset Protection (GAP) is an amendment to a vehicle finance contract that waives a portion or all of what you owe on the finance contract after an insurance settlement is paid for the total loss of a vehicle. GAP will also pay your insurance deductible (where permitted by the state).
Always be prepared
You may think it won’t happen to you, but the theft or total loss of a vehicle can take you by surprise. The surprise can be twice as unpleasant if your primary insurance carrier’s settlement is less than the amount needed to pay off your finance contract’s outstanding balance.
Roadway Advantage Platinum Coverage
The roadside assistance reimbursement program was created to help truck owner/operators maximize their cash flow and ease the burden of unexpected over- the- road expenses. It provides reimbursement for roadside assistance expenses such as towing, labor, trip interruption, flat repair, battery boost, pull start, lockout service and fluid and parts delivery.
The Roadway Advantage Program (RAP) includes best-in-class customer service and claims processing to ensure truck owner/operator needs are met in an expedited manner. All claims are processed by Roadway Advantage, Inc. and operations are not outsourced throughout the process. As a result, payment is usually made within 24-48 hours of claim submission.
Road Hazard and Truck Tire Coverage
Covered Items
Tire/wheel replacement due to non-repairable road hazard such as puncture, bruise or impack break
Non-Covered Items
Damage caused by collision, accidents, vandalism, snow chains, mechanical defects of the truck, willfull abuse or negligence