Utility Truck Financing
Utility trucks are built to work a job site or a service call, not to haul freight. They carry tools, parts and equipment in a service body or are fitted with a bucket, crane or aerial device. Most buyers in this category are trades contractors, telecom or utility service providers, or fleet operators adding a work truck to their operation.
Utility Truck Financing At A Glance
- Typical purchase price
- $25,000 to $130,000
- Configurations financed
- Service body, bucket, crane, aerial
- CDL required
- Depends on GVWR and configuration
- Mounted equipment
- Included in the financed amount
- Purchase price financed
- $21,000 to $145,000
- Down payment
- Typically 30% of the purchase price
- Minimum credit score
- None
- Credit specialty
- Credit challenged buyers welcome, with no minimum credit score
- Where you can buy
- Licensed dealer purchases only
- Approval timing
- Same day approvals may be available
Every application is reviewed on its own facts. Credit is reviewed, but it is not the deciding factor. Low scores, collections, charge-offs and late payments are workable. No bankruptcy or repossession within the last 5 years.
Utility Trucks We Finance
- Service body and mechanics trucks
- Bucket trucks and aerial lift units
- Crane trucks and knuckle boom equipped units
- Reading, Knapheide and similar service bodies
- Medium duty utility chassis (Class 3 through Class 7)
- Used units from a licensed dealer inventory
What Operators Use Them For
- Electrical, plumbing and HVAC field service
- Telecom and cable line work
- Tree trimming and vegetation management
- Municipal and utility maintenance
- Construction site tool and material support
What Matters On A Utility Truck Deal
The lender reviews the specific truck as part of the transaction, including year, make and model, mileage, truck type and specifications. On a utility truck the service body, bucket, crane or aerial device is part of those specifications.
Utility trucks price across the $21,000 to $145,000 range depending on the chassis and the mounted equipment. An established business is typically 30% down and a startup is typically 40% down with 2 years of industry experience.
The truck must be purchased from a licensed dealer and there is no minimum credit score. The trades, telecom and utility examples on this page are educational context only, so you can independently confirm the truck fits the work you plan to perform.
Read Before You Apply
Ready To Finance Your Utility Truck?
Send us the truck you found at the dealer and we will tell you where you stand. No obligation.
Other Trucks We Finance
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