Frequently asked questions.
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No, we do not finance outside of the US.
No, we do not finance private sellers or units being sold through an auction.
Generally, for heavy duty trucks & equipment, we require the dealer be a nameplate dealer. If you do not have a nameplate, please submit your request and we will review on a case by case basis.
For other equipment dealers and manufacturers, you must have a location in the US.
Please contact our office or submit a request online to start the process.
Please email all insurance updates and/or questions to insurance@highwaycommercial.com
You can request this information by phone or email
- 614-851-0005
- contact@highwaycommercial.com
No. You will not have any mileage restrictions.
It is important to discuss the benefits of TRAC leasing versus a loan with your accountant. For depreciating assets, the use of the asset is generally more valuable than owning the asset. The TRAC Lease has a clearly stated residual so you know your balloon payment up front, meaning no surprises when you get to the end of the lease.
Once you apply, you’ll be assigned a dedicated account manager who will be your single point of contact for all questions, updates, and support throughout the process.
We pride ourselves on fast turnaround times. Most credit decisions are made within 24 hours of receiving a completed application.
We offer application-only financing up to $500,000, with additional options available for larger transactions that may require financial statements or additional documentation.
We make it easy to keep your account up to date. You can:
- Set up Auto Pay for convenient, automatic monthly payments. Please call our office, or email your request to contact@highwaycommercial.com, to set this up.
- Make a One Time Payment by setting up your online account access via the Customer Login
- Call our office to make a payment by phone with one of our representatives at (614) 851-0005
TRAC Lease stands for Terminal Rental Adjustment Clause, and can only be used on commercial equipment that is used for at least 50% business. The term “lease” has often been associated with a car lease, but it is important to recognize that the two are very different.
- Sleepers: Sleeper trucks are designed for long-haul transportation, offering drivers a comfortable sleeping area for extended trips, providing the space and amenities needed for rest during long drives.
- Daycabs: Daycabs are versatile trucks used for local and regional hauling, characterized by their compact design and absence of a sleeper compartment, making them ideal for shorter trips and frequent stops.
- Dry Van: Dry van trailers are fully enclosed, weather-resistant trailers used for transporting goods that need protection from the elements, offering secure and reliable cargo transportation.
- Reefer: Reefer trailers are equipped with refrigeration units to transport temperature-sensitive goods, such as perishable food and pharmaceuticals, maintaining a consistent temperature throughout the journey.
- Pneumatic: Pneumatic trailers are designed for the transport of bulk dry materials like sand, cement, and powders, using air pressure to unload materials quickly and efficiently.
- Flat Bed: Flatbed trailers provide a versatile, open platform for transporting oversized, heavy, or oddly shaped loads that don’t fit into traditional enclosed trailers.
- Dump Trucks: Dump trucks are essential for hauling loose materials such as gravel, dirt, or construction debris, featuring a hydraulically operated bed that can be lifted to unload cargo at the job site.
- Concrete Trucks: Concrete trucks, equipped with rotating drums, mix and transport concrete to construction sites, ensuring the concrete is fresh and ready for pouring.
- Yellow Iron: Yellow iron refers to heavy-duty construction equipment, including bulldozers, excavators, and loaders, used for digging, moving, and leveling materials on construction sites.
- Slingers: Slinger trucks are equipped with conveyors that spread materials like gravel, dirt, or mulch quickly and efficiently over large areas, often used in road construction and landscaping.
- Reloaders: Reloader trucks are designed to move bulk materials around job sites, equipped with loading mechanisms to efficiently transfer materials from one location to another.
- Box Trucks: Box trucks, also known as cube trucks, are enclosed vehicles with a large cargo area, ideal for transporting furniture, equipment, and other goods that need secure, weather-protected transport.
- Hydrovacs: Hydrovac trucks use high-pressure water and suction to safely excavate soil around underground utilities, providing a non-destructive and efficient digging solution for utility and construction projects.
- Utility: Utility trucks are specialized vehicles equipped to transport tools, equipment, and materials needed for maintenance, repair, and service work, often used by electricians, plumbers, and contractors.
- Tool Trucks: Tool trucks are mobile vehicles equipped with storage for tools and workstations, providing service professionals with a mobile office and tool supply for on-site repairs and projects.
- Blower Trucks: Blower trucks are used to quickly and efficiently distribute materials like mulch, soil, and leaves, making them ideal for landscaping and turf management projects.
- Hydroseeders: Hydroseeder trucks mix and apply seed, fertilizer, and mulch in a slurry, providing an efficient and uniform application for large-scale planting, erosion control, and landscaping jobs.
Commercial real estate includes properties used for business purposes, such as office buildings, warehouses, and retail spaces, offering valuable assets for business expansion and operations.
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Years of experience
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