Business Car Loan
Whether your company needs a fleet of vehicles, a single work truck, or a commercial van, Quantum Bank Business Auto Loans offer competitive financing, flexible terms, and customized repayment options.
Rates
đźš— Finance a company car, truck, or van for everyday business use.
- Best for: Small and mid-sized businesses purchasing vehicles for employees or executives.
- Loan Terms: 24 - 84 months.
- Loan Amount: Up to 100% of the vehicle’s value.
- Extras:
- No down payment options for qualified businesses.
- Tax benefits (may qualify for Section 179 deduction).
- No prepayment penalties.
| APR: | 5.25% |
| Interest Rate: | 4 |
đźšš Finance large commercial vehicles & specialized equipment.
- Best for: Trucking companies, contractors, and construction firms.
- Loan Terms: 36 - 96 months.
- Loan Amount: Up to 90% of equipment value.
- Extras:
- Financing for box trucks, semi-trucks, dump trucks, and heavy equipment.
- Options for new and used vehicles.
- Tax advantages for business vehicle depreciation.
| APR: | 6.25% |
| Interest Rate: | 4.5 |
🚛 Support your business’s sustainability goals by transitioning to electric commercial vehicles.
- Best for: Businesses upgrading to electric fleet vehicles.
- Loan Terms: 36 - 120 months.
- Loan Amount: Financing for multiple EVs with fleet discounts.
- Extras:
- 0.50% rate discount for companies purchasing 3+ EVs.
- Additional tax credit consultation for business incentives.
- Financing available for EV charging stations at business locations.
- Custom repayment plans to match business cash flow.
| APR: | 4% |
| Interest Rate: | 2.75 |
Testimonials
Jackson P.
Logistics Business Owner
We expanded our delivery fleet with financing from Quantum Bank. Their bulk pricing and fleet management support saved us time and money!
Lisa T.
Marketing Firm Owner
We financed our company vehicles through Quantum Bank, and the process was smooth. The loan terms worked perfectly for our budget!
FAQs
Business Car Loan FAQs
Applying is easy! You can:
- Apply online through our secure business lending portal
- Visit a local Quantum Bank branch to meet with a Business Loan Specialist
- Call our Business Lending Team at 1-800-QUANTUM for personalized assistance
Our streamlined approval process means you could get a decision in as little as 24 hours!
We offer competitive interest rates and flexible loan terms ranging from 24 to 84 months. Your specific rate will depend on factors such as your credit profile, the vehicle’s age and value, and your business’s financial health. Get a personalized quote by contacting a Quantum Bank Business Lending Specialist today!
At Quantum Bank, our Business Auto Loan can be used to finance a wide range of vehicles, including cars, trucks, vans, and specialty vehicles for commercial use. Whether you're looking to expand your fleet or purchase a single vehicle, we have flexible financing options to meet your needs.
Disclosures
- Approval Based on Business Credit & Financials. Loan approval and interest rates are based on business revenue, creditworthiness, and vehicle type.
- Loan Amount Restrictions. Some vehicles may require a larger down payment or custom financing options.
- Fleet Financing Eligibility. Businesses must meet minimum fleet size requirements for bulk financing benefits.
- Tax Benefits & Deductions. Certain business auto loans may qualify for tax deductions under Section 179—consult a tax professional for details.