Does Your Business Need to Lease New Or Used Motor Coaches?
Motor Coach leasing and passenger bus leasing are available for both new and used vehicles from several of our equipment leasing partners located in Canada and the U.S.
There are programs available for fleet or multi unit motor coach acquisitions versus individual purchases. For used transportation vehicle leasing, be prepared to provide a detailed vehicle specifications and condition report that outlines the make, model, serial number, year, and features of each unit as well as the complete major repair and servicing list.
Its possible to secure financing without the all the above vehicle specifics, but for older equipment it becomes more and more important not only for getting a lease financing approval, but also for getting better rates and terms as the more accurately the leasing company can understand the exact features and conditions of a motor coach, the more likely they are to provide a better financing offer.
For larger purchases of several units, more attractive rates and terms can be secured for well established companies.
Get Motor Coach Leasing That Meets Your Business Needs
The application process will also require that you provide your last years completed financial statements for the business that will be listed as the lessee for the motor coach as well as a brief description of why the funding is required. For instance, is the Motor Coach lease financing for fleet expansion or vehicle replacement. If expansion or growth is the reason, you may also be asked to support where the incremental business is expected to come from, depending on the size of the equipment leasing request.
Also keep in mind that it will be much easier to finance Motor Coaches that are new or less than 5 years old. That being said, older units that have a reasonable number of miles and are in good condition can still secure lease financing.
If you have a particular unit you’re looking, or a group of motor coaches, give us a call so we can quickly assess your financial profile and provide relevant equipment leasing options for your consideration.
Call 1 800 559 8845 and Speak Directly To An Equipment Leasing Specialist
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