Commercial Truck Financing
- ✓Class 8 sleepers & day cabs
- ✓New-authority CDL program
- ✓ITIN accepted on used trucks
- ✓Fleet programs to $5M+
Programs for Every Stage
Trucking is one of the most underwriting-sensitive verticals in equipment finance — and one Northwood specializes in. We work with owner-operators just hanging their MC, established carriers expanding lanes, and fleets refinancing existing iron to free up working capital.
What we Finance
- Class 8 sleepers and day cabs (new and used)
- Medium-duty box, dump and vocational trucks
- Dry-van, reefer, flatbed, lowboy and tanker trailers
- APUs, lift gates and aftermarket installations
Specialty Programs
- New-authority CDL-only programs
- ITIN borrower acceptance on used trucks
- Refinance and cash-out on owned equipment
- Fleet programs to $5M+
Hauling with dump trucks? See our dump truck financing guide — rates, down payment & approval
Payment Estimator
Estimate your Monthly Payment
See what your equipment financing could look like. No hard credit pull, no obligation — just a quick estimate to help you plan. Financing can also cover freight, installation, tax, and delivery.
$100,000
Estimated Monthly Payment
$1,955
per month for 72 months
Estimated payment based on program averages. Your actual payment and terms depend on credit profile, time in business, equipment type, and down payment. Your Northwood advisor will present your actual approval terms at no cost.
Explore my options →This calculator provides estimates only. Not an offer to lend. Actual terms subject to credit approval.
Frequently asked questions
- Do you finance owner-operators with new authority?
- Yes. Northwood has a dedicated new-authority program for CDL holders who have just started their own MC. We require a valid CDL, clean MVR, and a down payment that varies by credit and truck age.
- What trucks and trailers do you finance?
- Class 8 sleepers and day cabs, Class 6–7 medium duty, box trucks, dump trucks, vocational chassis, dry-van, reefer, flatbed, lowboy and tanker trailers. Both new and used, from dealers, auctions and private parties.
- Can I finance a truck with bad credit?
- Yes. Programs accept FICOs down to 500 with appropriate down payments. CDL-only and ITIN borrowers are welcome on used trucks.
- How much down payment is required?
- Down payments range from 0% for established fleets with strong credit to 20% for new-authority and subprime borrowers. Trade equity counts toward your down payment.
Move Freight. Build a Fleet. We'll Finance the Wheels.
Speak with a Northwood funding specialist today. Most decisions in 24–48 hours.
- ✓ $25K–$5M available
- ✓ Funded in 2–5 business days
- ✓ All credit profiles considered
- ✓ No upfront fees, no prepayment penalties