Business Auto | Consumer-Style
Flexible. Transparent Financing.
Purchase, refinance, or complete a private sale for consumer‑style vehicles—such as cars, pickup trucks, and cargo vans—with convenient remote closing options.
Product Features
- Close Remotely from Anywhere68
- Competitive Rates70
- 100% Financing on Select Vehicles71
- No Minimum Time in Business to Apply
- Flexible Terms72
| Terms |
Terms Up to 60 months |
|---|---|
| Application Fees |
None |
| Pre-payment Penalties |
None |
Business Auto | Consumer-Style FAQs
▸ 1. How do I apply for a business loan?
You’ll work directly with our Business Services Team, who will guide you through the process and answer any questions along the way. Reach out to us at 800-447-7228 to get started.
▸ 2. What is the difference between a business auto loan and a personal auto loan?
Choosing business over personal allows you to purchase or refinance a vehicle under your business rather than your personal finances. This separation can make tax reporting, expense tracking, and day‑to‑day financial management easier.
Because tax and accounting considerations vary by business, we recommend speaking with your CPA or accountant to understand how a business auto loan may support your financial goals. When you are ready, our team is here to help you every step of the way.
▸ 3. How long do I need to be in business to qualify for a business auto loan for consumer‑style vehicles?
There’s no minimum time in business required to apply for a business auto loan for consumer-style vehicles.
▸ 4. How long does it take to get approved for a business auto loan for consumer‑style vehicles?
Typically, approval decisions are made the same day your application is completed. However, approval times vary depending on the complexity of your request, the loan amount, and how quickly all required documents are submitted.
▸ 5. What’s the application process look like for business auto loans?
Here’s what to expect:
- You’ll work one‑on‑one with a Business Services Specialist to choose the loan amount and terms that are tailored to your budget and timeline.
- A personal guarantee is required, which includes a hard inquiry on your personal credit.
- If approved, you’ll make predictable monthly payments of principal and interest, with no hidden fees.
- You can manage your loan anytime through Online Banking, where you can view balances, activity, and make payments—so you always know where your business stands.
▸ 6. Can I finance multiple vehicles for my business?
Yes. You can finance multiple consumer‑style vehicles for your business.
▸ 7. Can I apply if the vehicle is used or purchased from a private seller?
Yes. We offer business auto loan financing for used vehicles, including vehicles purchased through private sellers.
▸ 8. Can I finance a vehicle that is out of state?
Vehicle purchases, refinances, private sales, or cash-on-clear-title sales must be registered in the state of Florida to qualify for financing.
Disclosures
100% Financing on Select Vehicles71
Certain restrictions apply. Availability is based on vehicle type, year, and mileage.
Competitive Rates70
Loans are subject to credit approval. Your actual rate is affected by your creditworthiness, term selected, vehicle type, and model year. Certain restrictions apply.
Flexible Terms | Business Auto Loan (Consumer-Style Vehicles Including Cargo Vans)72
Terms available for up to 72 months. Certain restrictions apply.
Close From Anywhere with Simple Electronic Closing with Express Sign68
This feature enables borrowers to complete their closing electronically from any location using Express Sign technology. This service is not available for lease buyouts and private sales. Electronic signatures are subject to member consent and compliance with federal E-SIGN requirements.