How long is the financing process?
The financing process can be as quick as 24 hours or up to a week depending on documentation requirements from the lender
Down payment requirements?
Most vehicles require between 0 and 50% down payment depending on credit, borrowing history, length of time in business and other factors. Connect with a sales expert to review further.
What does my Credit Score need to be to get financed?
There are several factors besides credit score that go into getting approved for financing. The only way to know is to complete the Ryder Credit Application.
Does Ryder offer financing?
Ryder offers truck-financing options that help you build your fleet affordably, whether you are coming in as an established business or as a start-up owner/operator. We can even include maintenance and warranty in the financing, to keep your monthly payments low!
What are my financing options?
We work with several different lending partners here at Ryder that can assist you with financing. If you already have outside financing options, we can work with them as well.
Is it better to have my own financing or use Ryder’s lender?
The lenders Ryder partners with specialize in commercial equipment and quick turnaround applications. We recommend reserving your bank line of credit for other day-to-day business needs.
What happens if I do not qualify for financing?
You still have the option to purchase with cash or other sources.
What is required to qualify for financing?
Speak to your sales expert to start the credit application process today.
What financing lenders does Ryder use?
Ryder collaborates with over 15 lenders in order to handle various credit situations
Do AS-IS vehicles qualify for financing?
Ryder works with a lender that specializes in financing this type of equipment
Can I finance if I am currently bankrupt?
That will be difficult but our lenders would have to review your case and personal finance. Note, the bankruptcy will need to be discharged and the finance will require a substantial down payment of as much as 50%.