Box Truck Financing: Fund a Box Truck For Your Business

Providing expert advice and professional solutions for entrepreneurs looking for box truck financing options to start or scale their businesses.

Box Truck Financing

Charter Capital has helped thousands of business owners get the financing they need to start a new venture, expand their reach, or to keep their operations running. With over 40 years of experience in the industry, we know the challenges entrepreneurs face when it’s time to start investing in their businesses. Many of the clients who have come to us for box truck financing solutions remain our partners to this day, providing funding and leasing options for every stage of growth. 

Some of the types of trucks we’ve helped finance include:

  • cube trucks
  • cube vans 
  • box vans
  • bob trucks
  • cargo trucks
  • straight trucks
  • refrigerated trucks
  • box trucks


Box trucks are large vehicles mainly intended to haul cargo and accomplish medium to large deliveries. With that said, starting a business that involves one or several of these vehicles entails a considerable investment — a lot more if you’re planning to build a commercial fleet. In fact, many startup businesses hesitate to take a step forward because of the high initial investment needed. 

Light duty class 2 and 3 box trucks usually cost between $25,000 and $45,000, while medium duty class 4 trucks will set you back by $35,000 to $50,000 per unit. Those who need to haul bigger cargo will require medium duty class 5 trucks, which can cost $45,000 to $70,000, or medium duty class 6 trucks, with prices ranging from $50,000 to $90,000. 

Bear in mind that these are the typical basic box trucks that carry dry cargo. If you need to transfer perishable goods, you can upgrade a box truck with a refrigeration system, which adds $10,000 to your investment.

This is where Charter Capital comes in. We can help you obtain financing for all brands, sizes, and models of box trucks for any type of business. Whether you’re about to start a professional moving company, a cargo transport business, or a delivery service, an experienced financial broker like Charter Capital can help connect you with the lenders that offer the most competitive rates and financing programs. Searching for easy box truck financing solutions? Call Charter Capital today for help on getting started. 

box truck financing

Some of our customers...

  • are interested in the lowest rate.
  • are interested in a specific tax treatment.
  • want to avoid breaching existing lending covenants.
  • are interested in the longest term.
  • are interested in getting reimbursed for equipment they have already paid for.
  • want seasonal or other cyclical structures.
  • want to finance software.
  • want us to give the seller a deposit before the equipment is shipped.
All of our customers want a fair deal at a fair price and no surprises.

Financing vs. Leasing a Box Truck

The decision on whether to purchase or lease a box truck depends on what you are going to use it for and for how long. 

If you are looking to start a hauling, moving, or delivery service, it might make better sense to buy a new truck because you’ll likely be using the vehicle frequently for more than five years (or the average time after which a vehicle begins to obviously wear out). 

However, if you are only in it for the short-term and plan to upgrade to another truck in the near future, leasing it is more cost-efficient. The latter option is practical if you don’t want the responsibility of ownership in the future.


Box Truck Loan and Your Credit

Your credit score plays a major role in securing financing for your box truck business, whether you are looking for a brand new unit or a used one. Unfortunately, many equipment financing companies out there promise easy deal offers and quick returns that, in reality, can harm an applicant’s credit health in the long run. 

Running a quick search online on easy box truck financing will yield dozens of agencies offering swift solutions that will tempt you to apply to all and see who responds first. This is a big NO. Every hard inquiry on your credit report will bring you down by several points; so imagine what your score will look like if you apply to three lenders at the same time. 

The best and safest solution is to apply for a box truck loan with one reputable financial broker that will act on your behalf to find the ideal lending provider to meet your needs and budget. 

Charter Capital’s over 40 years of experience in the equipment financing and leasing business has earned it the reputation for being the most trusted in the industry. You can rest assured that you and your credit report are in good hands.

Get in touch with the box truck financing experts at Charter Capital to learn more about your options.

Connect with us and apply now