Financing
At Chicago International Trucks, we understand that each customer has unique financial needs and we can tailor programs to meet those needs. We offer customized financial solutions, extended warranties, service contracts and physical damage insurance coverage.
Downloadable DOC for >> Credit Application
Fax credit application to 708-496-0054 or email to:
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Here are some of our most popular options:
RETAIL FINANCE
Also known as debt financing, a Retail Finance contract allows you to include the funding for related equipment and many of the other costs for placing equipment in service. This option allows for equipment ownership, the ability to build equity and an avenue for depreciation.
TRAC LEASING
This option has a predetermined purchase price at the lease end, which makes things more predictable. You eliminate the guesswork by paying a fixed monthly payment to a predetermined residual value you can purchase the vehicle for at lease maturity. You will have maximum monthly cash flow with a limited initial investment.
FAIR MARKET VALUE LEASING
The FMV Lease is recommended when ownership and depreciation benefits are not desired. You are not responsible for your equipment’s residual value at the end of the lease term and will have the choice to either purchase the equipment, extend the lease or walk away.
* Financing available through other reputable financial institutions
RETAIL FINANCE
Also known as debt financing, a Retail Finance contract allows you to include the funding for related equipment and many of the other costs for placing equipment in service. This option allows for equipment ownership, the ability to build equity and an avenue for depreciation.
TRAC LEASING
This option has a predetermined purchase price at the lease end, which makes things more predictable. You eliminate the guesswork by paying a fixed monthly payment to a predetermined residual value you can purchase the vehicle for at lease maturity. You will have maximum monthly cash flow with a limited initial investment.
FAIR MARKET VALUE LEASING
The FMV Lease is recommended when ownership and depreciation benefits are not desired. You are not responsible for your equipment’s residual value at the end of the lease term and will have the choice to either purchase the equipment, extend the lease or walk away.
* Financing available through other reputable financial institutions