(833) 659-2203
Get the Equipment You Need With a Program That Works for You
Easy Application. Fast Approvals. Transparent Pricing. Outstanding Service.
LEASE OPTIONS
TRINITY TRAILER
AGRICULTURE
TRANSPORTATION
CONSTRUCTION
TRAC LeaseTerminal Rental Adjustment Clause leases, or TRAC leases, typically offer the lowest possible rates and payments on qualified equipment. TRAC leases could also offer additional tax benefits.
FMV LeaseA Fair Market Value lease, or FMV lease, is a fixed term rental agreement that offers you the ability to purchase the equipment at the end of the term for its fair market value.
Equipment LeaseA lease on equipment where the lender takes on the risk of ownership. These types of leases generally apply to equipment that does not qualify for a TRAC lease.
LOAN OPTIONS
Equipment Finance AgreementAn EFA, or Equipment Finance Agreement, is a common type of loan for commercial equipment.
Promissory NoteA promissory note is a loan with a fixed interest rate over a set period of time.
OTHER OPTIONS
New Equipment
Pre-Owned Equipment
Service Financing
Parts Financing
Terms
Up to 90 months
Up to 84 months
Up to 84 months
Up to 84 months
Payment Options
Annual, quarterly, bi-annual,
monthly, seasonal, or skip
Annual, quarterly, bi-annual,
monthly, seasonal, or skip
Monthly
Monthly
Get the Funding You Need in 3 Easy Steps
SELECT YOUR PROGRAM
Choose the program that fits your needs and budget.
APPLY IN MINUTES
Fill out the single-page application (up to $500K) in minutes.
GET FUNDED
We fund approved financing quickly to keep your business moving!
FAQs
At Trinity Capital, we make it easy to get the commercial equipment you need, when you need it. We offer a wide range of financing options, and we work with you to determine the best option that fits your unique needs, including TRAC leases, FMV leases, Equipment leases, Equipment Finance Agreements (EFAs) or Promissory Notes. We specialize in financing agricultural, transportation and construction equipment, so you can rely on us to help select the program that works best for you and your operation. Get pre-qualified today!
Terminal Rental Adjustment Clause leases, or TRAC leases, are one of the most popular options for heavy equipment financing because they typically offer the lowest possible rates and payments. With a TRAC lease, the purchase amount at the end of the term is established up front. A lower monthly payment means more cash available for business operations. Your business will hold the depreciation benefits on the equipment, and tax savings are passed along through lower payments. TRAC lease payments are typically tax deductible, but you should check with your tax advisor to be sure.
A Fair Market Value lease, or FMV lease, is a fixed term rental agreement that provides the ability to purchase the equipment at the end of the term for its fair market value. A fixed purchase price is not defined at the beginning of the lease term. Instead, at the end of the term, the company can purchase the equipment for its fair market value, which is based on similar equipment, terms, and conditions. They are attractive because they allow businesses to use equipment for a fixed period in exchange for regular lease payments. It’s important to note that the lending company retains ownership of the equipment during the lease.
An EFA, or Equipment Finance Agreement, is similar to a loan, as it creates ownership of the equipment, where it shows up on the business’ balance sheet as an asset. However, EFAs have finance charges versus an interest rate, making it more like a lease. The finance charges are rolled into fixed payments made on a regular basis that last for the life of the financing term. During repayment, an EFA works more like a lease agreement than a loan.
EFAs are popular for their versatility and benefits, such as preserving cash flow, the ability to finance 100% of the equipment cost, and helping keep critical equipment up to date. They are known for their speed, flexibility and convenience. At Trinity Capital, we can tailor the terms of your EFA to your business’ unique needs and get you financing quickly – typically we can do same-day approvals.
Absolutely! As part of the Trinity Trailer Mfg., Inc. family of companies, Trinity Capital offers the best rates, highest residual values and most flexible terms – up to 90 months – on your Trinity trailer purchase. We also offer specialized programs for Trinity authorized parts and service purchases, and we’re dedicated to designing a customized program to fit your operation. Contact our team today at (833) 659-2203 to learn more about our specialized financing options.
If you have identified the heavy equipment you need, Trinity Capital will perform a soft credit pull to help identify the financing program that best achieves your goals. A soft pull will not impact your credit score since it is not a full report. This information is handled with the utmost sensitivity and anyone who chooses to do business with Trinity Capital can rest assured their information is secure. Once the best program is determined, a hard credit pull may be required. Get started today by getting pre-qualified.
Get Pre-Qualified Now!
Please provide us with your contact information and one of our knowledgeable loan consultants will contact you within one business day about your financing needs.