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Commercial Vehicle Financing Specialists
Crescent Ford Trucks and Ford Credit's team of commercial lending specialisits are dedicated to servicing businesses like yours, helping you manage your business and maximize profits. We offer many innovative financial services to meet your needs: CommerciaLease, CommerciaLease Plus, Purchase Plan, Municipal Lease Plan, Daily Rental & Lease Financing, Specialty Vehicle Financing, Medium & Heavy Truck Financing.
The Benefits of CommerciaLease
Consider the many benefits of Ford Credit's CommerciaLease program:
- Lower monthly payments preserve working capital
- Consolidated monthly billing statement makes bill paying easier
- Flexible terms and residuals to fit your payment needs and cash flow requirements
- No down payments
- Vehicle lines of credit, making vehicle replacements or additions convenient and hassle-free
- TRAC (open-end) and Net (closed-end) leases available
- May qualify as off-balance sheet financing
- Payments may be tax deductible (consult your tax advisor)
- Availability of Extended Service Plan (Ford ESP)
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TRAC Terms
- Car and truck financing - 12 to 60 months
- Residual value - you set residual value on TRAC leases; Ford Credit determines residual value on Net leases
- Insurance requirements- $300,000 combined single limit for cars and light trucks
- $500,000 combined single limit for medium/heavy trucks
- $1 million combined single limit for tractors (deductible $1000 cars and light trucks; $2,500 medium/heavy trucks).
TRAC Eligibility
- Customers who have acceptable creditworthiness and the financial strength to support the leasing of vehicles.
- Vehicles must be used for commercial purposes at least 50% of the time. Includes all makes and models of new cars, light trucks and medium/heavy trucks.
- Usage is limited to commercial purposes only. Units used for livery, rental or driver education are not eligible.
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