Why use your existing bank lines to acquire vehicles? Consider our Commercial Line of Credit (CLOC).
Open a CLOC and you’ll get the advantage of:
• Flexible terms
• No setup or non-utilization charges
• Available for retail financing, Red Carpet Lease and CommerciaLease
• Credit that frees up capital
• Availability of a combined billing statement
With our CLOC program, you can apply for a credit line starting at $250,000 and, once approved, you can add vehicles to your fleet whenever you need to, for up to 12 months. Now you can be covered all year for all of your financing or leasing needs. No need to reapply every time you need a vehicle.