Why use your existing bank lines to acquire vehicles? Consider our Commercial Line of Credit (CLOC).*
The convenience of credit
Open a CLOC and you’ll get the advantage of:
- Flexible terms
- No setup or nonutilization charges
- Available for Retail, Red Carpet Lease and CommerciaLease financing
- 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.