| Feature |
Finance |
Clicklease |
RTO |
| Available For |
All New & Used Trailers, Dump Bins & Truck Beds, All Equipment, All Parts & Accessories |
All New & Used Trailer and Dump Bin Inventory |
All New Trailer Inventory |
| Approval Time |
Same-Day (Most Customers) |
Instant |
Same-Day (Most Customers) |
| Credit Score Range |
Good to Great |
All Scores Accepted |
No Credit Required |
| Credit Check |
Hard |
Soft |
Soft |
| Borrower Type |
Individual or Business |
Individual or Business |
Individual |
| Term Lengths |
Up to 96 Months |
24 - 60 Months |
24 - 48 Months |
| Minimum Financed |
Depends on Bank |
$500 |
$2,500 |
| Maximum Financed* |
Subject to Credit Approval |
$25,000 |
$25,000 |
| Interest/Surcharge** |
Interest, Rate Varies by Creditworthiness and Bank |
Variable Surcharge, based on credit background |
Surcharge |
| Down Payment |
Yes, Depends on Bank, Usually 10-20% |
None |
Yes, Based on Purchase Amount |
| Signing Costs |
Yes, Doc & Origination Fee, Depending on Bank |
Yes, Doc Fee Based on Purchase Amount |
Yes, Processing Fee plus Non-refundable Loan Fee |
| Required Documents |
Depends on Bank (Usually Income and/or Collateral Documentation, Financial Statements, Tax Returns, Valid Identification, Business Entity Documents, etc.) |
None |
Valid U.S. Driver's License (18+), Proof of Address Documents |
| Early Purchase Option (EPO) |
Depends on Bank |
Yes, Before 5th Payment |
Yes, Anytime |
| Early Payoff Fee |
Depends on Bank |
None |
None |
| Purchasing Limit |
None |
None |
One Trailer Per Household |
| Payments Reported to Credit Bureaus |
Yes |
No |
No |
| Cancellation |
Non-cancellable |
Non-cancellable |
May Cancel and Return Trailer at Any Time |
| Tax Consideration*** |
Interest May Be A Tax Deductible Business Expense, Equipment May Be A Depreciable Asset |
Lease Payments May Be A Tax Deductible Business Expense, Equipment May Be A Depreciable Asset After Purchase Option is Exercised |
Rental Payments May Be A Tax Deductible Business Expense, Equipment May Be A Depreciable Asset After Purchase Option is Exercised |
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