Financing Products

LOANS

If you are interested in equipment ownership and building equity, then consider a loan. A loan allows you to consolidate the cost associated with putting your truck in service including tax, title and registration fees.

BMO’s Vehicle and Equipment Finance team has several structuring options that may be available:

• Cash Management
• Full payout loans
• Level monthly payments with precomputed interest *
• Level principal reduction payments, with interest payments on declining principal balance *
• Skip payments to meet changing cash flow needs with seasonal business
• Balloon financing alternatives to preserve monthly cash flow

* Final payment to include remaining

LEASES

We understand the environment you’re competing in and the power that upgrading to new equipment can play in increasing your productivity and competitiveness. A lease may provide you with lower monthly payments than a loan and a number of end of term options.