Tractor & Trailer Financing

Get your fleet on the road with affordable financing

Custom tractor and trailer financing solutions

Acquire the vehicles your business needs and maintain your cash flow with tractor and trailer financing through First Citizens. We offer both capital leases and terminal rental adjustment clause, or TRAC, tax leases for both tractors and trailers, with custom tailored terms to meet your tax and accounting needs.D

Financing solutions are ideal for small and mid-sized companies with fleets of 10 to 100 units, as well as for distributors and manufacturers.

Tractor & Trailer Financing Solutions

Select the right financing for your business

Try a capital lease/$1 purchase option

Frequently used to acquire an asset for your practice or business, this option allows your business to depreciate the cost of the equipment and expense the interest portion of the payment.

Benefit from a TRAC lease

If you operate a fleet from 10 to 100 units, you can reduce your monthly payments with a TRAC lease. Get up to 100% financing for leases with a guaranteed residual purchase option.

Take advantage of term loans

We offer loan financing up to 100% for new and used vehicles. Typical terms are up to 5 years and can be structured to suit your needs.

Get started easily

Choose the tractor or trailer you want to finance, then select the dealer and negotiate pricing. Once credit approval is received, we'll prepare the closing documents and pay the dealer for your purchase.

Reap the benefits

Up to 100% financing is available with the first and last payments required at closing, along with an administrative fee. Lower lease payments are obtained due in part to vehicle residual values. Our competitive lease rates are frequently lower than commercial finance rates.

Business Digital Banking

Manage your business on the go

Manage your accounts from anywhere

Send and transfer money using ACH and wires

Receive account and security alerts

Learn more about business digital banking
Business Digital Banking

Manage your business on the go

Manage your accounts from anywhere

Business Digital Banking

Manage your business on the go

Send and transfer money using ACH and wires

Business Digital Banking

Manage your business on the go

Receive account and security alerts

Learn more about business digital banking
Tractor & Trailer Financing FAQ

People often ask us

To finance a tractor or trailer, select the dealership and vehicle you'd like, then talk to a First Citizens representative at your local branch. Once you receive a payment estimate based on the cost of your vehicle, you can apply for financing and receive a quick decision. Upon credit approval and document signing, we'll pay the dealership for your vehicle.

Typical tractor and trailer financing terms range from 24 to 72 months and depend on several factors, including but not limited to the model year, vehicle condition, useful life and both current and anticipated annual mileage.

Appropriate insurance is an important consideration for your vehicles. Please note that our financing requires evidence of insurance prior to closing and coverage throughout the repayment term. There are many sources for your insurance needs, but if you don't have coverage or are considering investigating providers, you can explore our auto insurance solutions.

Normal credit approval applies.

The information provided should not be considered as tax or legal advice. Please consult with your tax advisor.

Links to third-party websites may have a privacy policy different from First Citizens Bank and may provide less security than this website. First Citizens Bank and its affiliates are not responsible for the products, services and content on any third-party website.

Bank deposit products are offered by First Citizens Bank. Member FDIC and an Equal Housing Lender. icon: sys-ehl.

NMLSR ID 503941