RigMarket

Financing made simple

Estimate your payment below or on any listing, then we connect you with our trucking-finance partners for exact terms. Owner-operators and small fleets welcome.

Apply now — get matched with a lender →

2-minute application · no credit check to start · multiple lenders.

1. Estimate

Use the calculator to see a monthly ballpark for any price, term and structure.

2. Apply

Reserve or get pre-qualified — we pass you to a lender who knows trucks.

3. Drive

Approved buyers arrange pickup or delivery.

Equipment payment calculator

Model any truck or trailer — loan, lease, or balloon. Estimate only.

Term

Trucking loans typically land ~7–18% by credit & lender.

A lump sum left at the end — lowers your monthly (lease-style).

Estimated monthly
$1,588/mo
Amount financed$76,500
Total of payments$95,280
Total interest$18,780

Estimate only — not a financing offer. Exact rate & term come from our lending partners after you apply.

How truck financing usually works

Most deals come down to one of a few structures. Here's the plain-English version so you know what a lender is offering before you sign.

Equipment loan / EFA

You borrow, pay a fixed monthly, and own the truck outright at the end (clear title, $0 or nominal final payment). Best for keeping it long-term and building equity.

Lease-to-own ($1 buyout)

Structured like a lease, but you own it for $1 at the end. Behaves like a loan, sometimes easier to approve, and may have different tax treatment.

FMV / 10% lease

Lower monthly payments because a residual (often ~10–20%) is left at the end — then you buy it out, refinance, or trade up. Good if you upgrade every few years or want to keep cash free.

Balloon / residual loan

A loan with a lump sum pushed to the end — lower payments now, a bigger one later. Try it with the “Balloon / residual” slider above.

What the numbers usually look like (Canada)

Term
Usually 48–72 months. Older or higher-mileage trucks get shorter terms.
Down payment
Typically 10–30%. $0-down exists but is reserved for the strongest files — often 700+ credit, an established business, and proven revenue.
Rate
Commonly ~7–18% APR. Banks sit lower but often won't finance trucking; specialized lenders are higher but far more flexible and faster.
What moves your rate
Credit score, time in business (new authority = higher), the truck's age & mileage, your down payment, and owner-op vs. fleet.

General information, not financial advice or an offer of credit. Actual rates and terms vary by lender and your situation — our partners give you exact numbers after a quick pre-qual.

Multiple lenders, one application

Different files fit different lenders. We match you to the right one — from banks to new-authority specialists — so you don't get bounced around or stuck with the wrong rate.

Bank / credit union

Lowest rates — best for established businesses with strong credit.

Specialized equipment lender

Fast, flexible, trucking-savvy — the workhorse of equipment finance.

New-authority / credit-builder lender

Built for new MC/authority and rebuilding credit — approves where banks won't.

Private / alternative

For tougher files — higher rates, but gets the deal done.

Get pre-qualified

No impact on your credit. Takes about a minute.

Credit
Time in business