Business Vehicle Loans

You know how important your business vehicle is. Whether you have one or many vehicles, you depend on your business vehicles to: deliver products to your customers; reach new customers; and to finish the jobs you’ve been awarded. Without reliable transportation and dependable vehicles, your business could be at risk.

It’s also important that you are fiscally responsible. When you get a great low loan rate on your business vehicles, that’s real money in your pocket. That’s why it’s important you talk with the business lending professionals at Meridian Trust.

We’re local and we’re a credit union. Those are two factors significantly in your favor.

We can even get you pre-approved before you start shopping for your next business vehicle. By getting pre-approved at Meridian Trust ahead of time, this means you can focus on the transportation you want, and spend less time worrying about the financing part. Instead of negotiating with a dealer for the vehicle you want and then tackling the financing part with them, you can make your life simpler by taking care of that with us ahead of time.


New and Used Auto & Truck (7100)

LTV (Loan to Value*) Your Credit Score
700+ 699-650
≤ 80% 3.60% 4.00%
81-100% 4.00% 4.50%

*Fleet Vehicle Max LTV = 80%; Non-Fleet Max LTV = 100%.

Non-Fleet is 4 or fewer vehicles used for business purpose. 84 Month Term only for vehicles 2 years old (2017 and newer). Add 0.75% to vehicles older than 2011. LTV is the Loan Amount/the lower of sales price or book value. Maximum terms for each loan type are set in the Loan Policy. Rates shown are effective as of June 17, 2019.

Plus $35 for Filing Fees.

Maximum terms for each loan type are set in the loan policy. All rates are subject to change without notice.

Minimum age 18, credit qualification and membership required.

To get started with a Business Vehicle Loan or to open a Business Account today, call 1.800.726.5644, stop into your local branch, or email us.