Why Choose RPM Advantage?
Access to 220+ Commercial Lenders
Work with advisors who understand the transportation business. RPM Advantage specialists focus on commercial vehicle financing and know what it takes to keep carriers running efficiently.
Complete your application in about five minutes with minimal documentation. Get instant pre-qualification with no credit impact, then speak with an advisor to finalize your terms.
Choose from multiple product types including traditional loans, equipment finance agreements, TRAC leases, and revolving lines of credit up to $1,000,000.
RPM Advantage maintains some of the industry's highest approval rates, helping more carriers secure the equipment they need. Next-day funding available for qualified applicants.
See your estimated down payment, monthly payment, and terms instantly—without affecting your credit score.
Financing Options
Option 1
Simple Interest Loan
Traditional financing where you own your equipment from day one. Fixed monthly payments of principal and interest over your selected term. Ideal for carriers who want straightforward ownership with predictable payments.
Option 2
Equipment Finance Agreement (EFA)
Structured financing specifically for commercial vehicles. Make fixed payments over the agreement term with ownership transferring at completion. Often includes flexible down payment options. Apply for Equipment Finance Agreement →
Option 3
TRAC Lease
Popular with commercial carriers, TRAC leases offer lower monthly payments with a residual balloon payment at term end. Maintain flexibility to purchase equipment at residual value or adjust terms. Excellent for managing cash flow while building your fleet. Apply for TRAC Lease →
Option 1
Simple Interest Loan
Traditional financing where you own your equipment from day one. Fixed monthly payments of principal and interest over your selected term. Ideal for carriers who want straightforward ownership with predictable payments.
Option 2
Equipment Finance Agreement (EFA)
Structured financing specifically for commercial vehicles. Make fixed payments over the agreement term with ownership transferring at completion. Often includes flexible down payment options. Apply for Equipment Finance Agreement →
Option 3
TRAC Lease
Popular with commercial carriers, TRAC leases offer lower monthly payments with a residual balloon payment at term end. Maintain flexibility to purchase equipment at residual value or adjust terms. Excellent for managing cash flow while building your fleet. Apply for TRAC Lease →
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EQUIPMENT you could FINANCE
Tractors & Sleeper Cabs
Day cabs, sleeper tractors, glider kits—new or used units from any manufacturer.
Trailers
Dry vans, flatbeds, reefers, specialized trailers, and drop decks for any hauling need.
Specialized Equipment
Auto haulers, heavy haul equipment, tankers, lowboys, and other specialized commercial vehicles.
Complete Fleet Packages
Financing available for single units or entire fleet purchases—we scale with your operation.
HOW the process WORKS
Submit Your Quick Application
Complete our secure online form in about 5 minutes. Basic business and equipment information required. Don't have a specific unit picked out yet? No problem—we can approve you before you find equipment.
Instant Pre-Qualification
Get immediate feedback on your approval likelihood with estimated down payment, monthly payment, and term options. This soft check has zero impact on your credit score.
Consult a Financing Specialist
A dedicated advisor will contact you to discuss your options and answer questions about terms, rates, and products. If you're satisfied with the terms, we'll submit for formal lender approval.
Purchase Your Equipment
Once approved, use your financing to purchase from the dealer or private seller of your choice. You maintain complete flexibility on where and what you buy.
Keep Growing
We're here for your long-term success. As your operation grows, we can help with additional financing needs and fleet expansion.
Frequently Asked Questions
No. The initial pre-qualification is a soft inquiry that has zero impact on your credit score. You can see your estimated terms with complete confidence. A hard credit pull only occurs if you decide to move forward with a formal application.
RPM Advantage works with carriers across the credit spectrum. With access to 220+ lenders, we can often find solutions for situations that traditional banks might decline. Requirements vary by lender and loan type, but we encourage you to apply regardless of your credit profile.
For qualified applicants, next-day funding is available. Most applications are processed within 24-48 hours once all documentation is submitted. The timeline can vary based on equipment type, purchase amount, and documentation completeness.
Absolutely. We finance both new and used commercial vehicles from any manufacturer or dealer. Age and mileage restrictions vary by lender, but we have options for a wide range of equipment conditions.
Not at all. You can get pre-qualified and approved before you find the specific unit you want to purchase. This gives you buying power when the right opportunity comes along. With the Line of Credit option, you have 180 days to deploy funds.
Yes. Once approved, you have complete flexibility to purchase from the dealer or private party of your choice. You're not limited to specific dealers or networks.
This varies by lender and loan product. Many of our financing options allow early payoff without penalty, but we'll clearly outline any prepayment terms before you commit.
We regularly handle fleet purchases ranging from single units to complete fleet expansions. Let us know your needs and we can structure financing accordingly, whether that's individual loans for each unit or a comprehensive fleet package.
RPM Advantage gives you access to 220+ specialized lenders instead of just one institution. This means competitive rate shopping, higher approval rates, and financing products specifically designed for commercial carriers. Our advisors also understand the transportation industry and can structure deals that make sense for your operation.
RPM Advantage partners with qualified financing providers to offer comprehensive equipment financing solutions to carriers in our network. Financing subject to credit approval and lender terms. RPM does not directly provide financing.
