Whether you are starting up a transport business or looking to expand, a time will come when you need to finance a truck. You probably don’t have the cash to buy expensive trucks, nor want to tie yourself into a long-term commitment.
Traditional options like finance, bank loans, or hiring are difficult when you have limited budgets, excessive lender criteria, and pressing needs. You might be thinking truck hire is your best or only option, but there are other options to consider. Rent-to-own allows you to use a truck, with the option to buy it outright when you’re ready, increasing the equity in your business.
The decision between rent-to-own and hiring often comes down to how long or often you intend to use the truck.
Download our guide now to start exploring your options.