In-House Financing

With Less Than Good Credit

RCI Trucks offers flexible in-house financing designed to help buyers with less-than-perfect credit purchase a truck at a reasonable finance rate. Our goal is to empower drivers to achieve success as Owner Operators by focusing on their potential rather than barriers. Most finance contracts are structured as purchase agreements with $0 due at completion, and our typical rate is 15% simple interest—often significantly lower than rates from subprime truck lenders.

What We Can Do

1. Support First-Time Buyers: Offer reasonable finance rates to aspiring Owner Operators, regardless of credit score, to help them get started on the path to ownership.
2. Assist Existing Owner Operators: Provide competitive finance rates to current Owner Operators, irrespective of credit history, to fuel their continued growth.
3. Set Drivers Up for Success: Ensure all approved drivers receive the tools and guidance needed to thrive, not just survive, in truck ownership.
4. Offer Free Consulting: Provide complimentary advice to any driver interested in becoming an Owner Operator, covering essential topics like truck operating costs, maintenance reserves, and required revenue for long-term success.

What We Do Not Do

1. Finance Trucks from Other Dealers: We do not provide financing for trucks purchased from another dealer or source.

Our Philosophy on Credit Decisions

We prioritize approval by seeking out all the positive factors in a transaction rather than using excuses to deny it. A low credit score alone is never a reason to turn down a deal—we focus on the driver's overall potential and commitment.

Key Positives We Look For

1. Strong Work History: A proven track record of reliability and dedication in the industry.
2. Driver Experiance: 1–2+ years experiance with the same carrier, backed by a positive reference from a reputable company.
3. Income Opportunity: The ability to place the truck with a quality carrier, generating sufficient income to cover ownership expenses and provide meaningful net earnings that justify the investment.

Potential Negatives We Consider

1. Active Bankruptcy: Currently in bankruptcy proceedings.
2. Overextended Delinquent Credit: Significant unpaid debts that indicate financial strain.
3. Delinquent Child Support: Outstanding obligations in this area.
4. Poor References: Negative feedback from previous employers or carriers.

• All financing and credit services are provided by National Truck Finance, an RCI Asset Management-owned company. Contact us today to explore how we can help you drive your future forward.
  
  
  Start Your Application Here