Fleet Financing
Helping businesses get rolling for 40+ years.
- Fast approval process
- Regional Bank Values with National Award-Winning Service
- Commercial Lessor Financing
- Custom Repayment Plans
Stay miles ahead
Efficient payment plans for smooth operation
Balloon Payment Financing – Lower monthly payments with a larger “balloon” payment at the end of the lease or loan term. Ideal for businesses with seasonal income fluctuations.
Step-Up or Step-Down Payments – Payments that start low and gradually increase (step-up) or decrease (step-down) over time, aligning with your revenue growth or budget constraints.
Seasonal Payment Plans – Tailored plans for businesses with seasonal demand, allowing for reduced or deferred payments during off-seasons and higher payments during peak periods.
Deferred Payment Options – Begin your payments a few months into the lease or loan, giving your new fleet vehicles time to generate income before regular payments start.
More ways to "upfit" your fleet financing
Sale and Leaseback: Sell assets, lease them back for cash and continued use.
Asset-Based Loans: Loans secured by business assets like inventory or receivables.
Credit Limits: Maximum allowable spending or borrowing within a credit arrangement.
Lines-of-Credit: Pre-approved borrowing with a set limit for short-term financial needs.
Extended Loan Terms – Extended loan durations to lower monthly payments, facilitating the acquisition of larger fleets or more expensive vehicles.
What to speak with someone directly about fleet financing?
Vehicle Types
From sedans to semis, we’ve got you covered
Passenger Vehicles
Get flexible light auto financing that makes it easy to expand or update your fleet. Perfect for rental services or corporate transportation.
- Sedans
- SUVs
- Minivans
- Hatchbacks
Service and Utility Vehicles
Power your business with medium duty financing for essential utility vehicles that handle a wide range of services, from deliveries to field operations.
- Box trucks
- Pickup trucks
- Cargo vans
- Step vans
Haulers and Specialty Vehicles
Unleash your potential with our heavy-duty financing solutions. From stocking up semi-trucks to leasing out luxury vehicles.
- Semi-trucks
- Trailers
- Electric Vehicles
- Shuttlebus
Ready to get going?
Serving a Wide Range of Entities
Keeping businesses on the move
Transportation and Logistics Solutions
From rental car companies and delivery services to logistics and moving companies, our specialized financing options ensure you have the vehicles you need to keep operations running smoothly and efficiently.
Service and Utility Fleet Financing
Whether you’re in private security, HVAC services, landscaping, or equipment rentals, our financing options support your fleet needs, ensuring your vehicles are ready to deliver essential services and support operations effectively.
Corporate and Luxury Fleet Financing
Serving corporate fleets, government agencies, startups, and luxury service providers, we provide flexible financing options for executive transportation, event management, and hospitality industries, combining practicality with luxury and reliability.
Get rollin'
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Frequently Asked Questions
We provide commercial fleet financing across all 50 states and U.S. territories. If your application doesn’t meet our qualifications, and your business operates within our service area in Indiana and Michigan, you may still be eligible for a business loan through one of our local business bankers.
Owner operators within our region looking for a single vehicle would need to apply for a loan with one of our business bankers. At this time 1st Source Bank commercial fleet financing does not currently offer single vehicle loans for owner-operators. If you're an owner-operator looking to finance a single vehicle, our commercial fleet financing program isn't the right fit. However, owner-operators based in Indiana and Michigan can apply for a business loan through one of our experienced business bankers, who will guide you through your options.
At this time, 1st Source Bank does not offer financing for recreational vehicles (RVs) or funeral cars. For all other commercial vehicle needs, including light-, medium-, and heavy-duty trucks, we’re ready to help with flexible financing solutions.
While we do not include fleet management software as part of our commercial fleet financing packages, our team has decades of experience supporting fleet-based businesses. We’re happy to share recommendations and best practices to help you find the right tools for managing your fleet efficiently.