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Overview

A success story

Who We Are

The trucking and transportation industry revolves around the equipment that each company maintains. At Compass Equipment Finance, we know transportation. With more than 20 years in the industry, trucking companies can greatly benefit from the financial expertise our team has to offer. By creating financial packages custom to best suit each customer, our goal is to help set them up for long term success.

Compass Equipment Finance’s packages will allow owner operators, mid-sized, and large-sized trucking companies to purchase the equipment they deserve. Upon receipt of our required documents, we can have a credit decision in as little as 30 minutes!

Minimal Paperwork, Simple Application, Same-Day Decision!
  • No Prepayment Penalties
  • Simple Interest Loans
  • Up to 3-point Dealer Incentives
  • Fund off Copies
  • Interest Rates as low as 10%
  • Up to 72 Month Terms
  • Minimum Fico 625
  • Mileage Restrictions: 650K miles or less*
  • No History of Commercial Repossession
  • No Commercial Repossession History
  • *If you have the overhaul paperwork, exceptions can be made.

1st Time Buyers

  • 20% Downs (Plus Soft Costs)
  • Minimum 1-year CDL Experience

Owner-Operator with Verifable Commercial Financing

  • Down Payments as low as 10%
  • Verifiable Commercial Financing
    (Min. of 12 Months)

Owner-Operator without Verifiable Commercial Financing

  • Down Payments as low as 15%
  • Proof of Equipment Ownership

Non-CDL Fleets

  • Down Payments as low as 10%
  • Driver Schedule
  • Minimum of 2 Years in Business
  • Minimum 2 Operational Trucks
  • Auto Liability Loss Run
    (Min. of 2 Years)
  • Equipment Schedule with In-Service Dates
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  • Compass Equipment Finance logo
  • +1 (630) 517-5526
  • [email protected]
  • 115 55th St., Suite 302, Clarendon Hills, IL 60514
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  • Headquarters: 115 55th St. 4th Floor Clarendon Hills, IL 60514

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California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-149769.

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