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Commercial Auto Loans
Your specialized business requires financing to match
When you run the type of company that calls for specific types of vehicles, work with a lender who understands what you need to help you get funds in place.
Loans to keep your company moving
No fees or prepayment penalties
Finance up to 80% on new vehicles, up to 75% on used vehicles
Get a CARFAX Vehicle History Report™ so you can buy with confidence
Rely on us for financing all types of commercial, heavy duty and special-use trucks and vans, plus semi-tractor trailers, grain trailers and other hauling equipment important to your business.
What you’ll need for your application
- Completed and signed business loan application
- Purchase invoice/buyers order that includes year, make, model, mileage, VIN and sales price (internet print-offs not accepted)
- Certificate of Insurance: Monterra Credit Union listed as Loss Payee
- Personal guarantee
- Personal credit check
- Mileage statement (for refinancing)
- Payoff statement (for refinancing)
Ready to grow your business faster?
Build a secure financial foundation with an interest-earning savings account.
Seeking a business checking account? Receive everything you need to manage your commercial funds.
We invest in the success of people and our community by:
- Giving back
- Making things easier
- Committing ourselves to our members' potential