Kenworth Sales Company has established partnerships with many of the most trusted and respected names in semi truck financing. From an owner-operator to entire fleets, we get you the best competitive rates, flexible terms and leasing options all custom made and done simply to get you financed quickly. Get your business growing, get financed today.


Take advantage of our established financial network to get the best customized solution for your commercial trucking business. Our dedicated finance specialists are experienced with equipment financing and take into account depreciation, revenue, costs and interest rates to get you the best deal. Every business is different and Kenworth Sales Company will work with you to create a plan that fits your needs.

Frequently Asked Questions

Can I Finance New/Used, Trucks/Trailers Purchased At Kenworth Sales Company (KWS) And Elsewhere?

Yes. We finance all brands that includes Construction, Vocational and Box trucks as well. We can even help with equipment from outside our dealership.

Why Should I Finance If I Can Pay Cash?

We always recommend keeping cash for the rainy day (or insurance!). Unexpected events occur when you least expect them and you may be faced with an immediate need for cash. Having a cushion or reserve readily available may be just what you need to keep you afloat without the inconvenience and wait of obtaining yet another loan.

In addition to having reserves, you will be building Equipment credit that makes it much easier to buy that next truck. You may also be eligible for Finance perks – like free additional extended warranties, deferred 1st payments, etc.

Does My Credit Get ``Dinged`` When I Shop For Finance?

Great question with a surprising answer. Many times, a single inquiry will not affect your FICO score at all. For some – it may impact it less than 5 points.

FICO Scores range from 300 to 850 with the US Average at 703.

Multiple inquiries made within 45 days for a Commercial Vehicle Loan are treated as a single inquiry. Do not be afraid to shop. You may learn more about your FICO score at https:/

Do I Need A CDL To Be Eligible For A Commercial Loan?

Most lenders will require someone within the Company to have a CDL.

What Are The Benefits Of Financing With KWS?

You will speak directly with our team who knows you are more than a number. You are the story behind your business. We want to know it. We’ve been here for more than 75 years – understanding the business and partnering with experienced, well established lenders who will also be here for the long haul while helping you establish very valuable Commercial credit.

What Is The Best Way To Build Commercial (Equipment) Credit?

Just like the days of Consumer credit – you have to start somewhere then keep it current and build a history. After that, getting Commercial credit will be easier and come with a better rate and term. The sooner you start, the better it will be for your entire Business.

Is There An Application Fee?

There is never an application fee. There are fees associated with loans which may vary by lender.

What Are The Differences Between Traditional Truck Credit And Credit From A Bank Or Credit Union?

Unless there has been a different agreement, we loan on equipment only and – when it is paid – it is paid.  There is no ongoing line of credit supported your assets, no annual review and easier loan modification if necessary. While banks and credit unions offer commercial loans, our lenders specialize in Commercial lending.

What Type Of Loan Options Are Available?
  • Commercial loan: Generally, a fixed monthly payment based off the initial purchase price less any down payment that may be required.
  • Commercial loan with seasonal or skip payments: Seasonal or skip payments are built into the loan to allow you to match your payments with your cash flow.
  • Commercial loan with balloon payment: A balloon payment is a lump sum paid at the end of a loan’s term. The balloon payment is significantly larger than all of the previous payments. Balloon payments allow borrowers to reduce the fixed payment amount in exchange for making a larger payment at the end of the loan’s term
  • Fair Market Value (FMV) lease: Allows the lessee to use the equipment for a pre-arranged time period for a fixed monthly payment. At the end of the lease term, the equipment may be returned to the lessor or purchased at it’s current Fair Market Value.
  • Terminal Rental Adjustment Clause (TRAC) lease: Allows lessee to have a lower fixed monthly payment and to agree upon an estimated residual value of the equipment at the end of the lease. TRAC leases also offers three options at the end of the lease, the residual may be refinanced, lessee may pay residual and own equipment, or the asset may be turned into lessor and sold for market value. If the asset is sold for less/more than the residual than lessee will owe/receive the difference.

*Leases are generally available only on new equipment and may have certain tax advantage – please consult your tax advisor.

Do You Take Trade-Ins?

Absolutely. Our Truck Sales Department will review your trade terms with you and get you the best possible deal to get you the value out of your truck right now. No need to delay due to self -advertising, meeting with potential buyers, haggling the price and having finance concerns to get you paid for your old truck. We take the trade and you are DONE!

What Information Do You Need From Me To Start The Process?

Select your truck so we have the specifications and price to work with.  A complete credit application.  Many factors such as driving experience, owner operator experience, fleet size (including medium duty and trailers) current lenders, previous lenders, monthly income all factor into an approval. You may call for a credit application or simply click here.

How Long Does The Process Take?

Generally, our team will begin the approval process the same day they receive your completed credit application. If additional items are required from the lender – we will let you know. The sooner all of the requirements are met – the quicker the decision.

How Does Previous Credit History, Lack Of History, Age And Mileage Of Equipment Impact A Loan?

Factors that impact the loan rate and terms are personal and business credit history, time in business, industry experience and equipment.

The term of the loan is based on the remaining economic useful life of the equipment. The type of equipment, either over the road or vocational, and the age impacts the useful economic life which in turn effects the loan term.

What Is The Difference Between A Co-Buyer And A Co-Guarantor (Co-Signer)?

A co-buyer has a vested financial obligation for the business, is involved in the day to day operation and will be listed as an owner on the title. Co-Guarantors (or Co-Signers) generally add Financial strength to the purchase by adding their resources as a guarantee of payment.

What Will My Interest Rate Be?

Interest rates are determined by the overall risk score of the transaction. Factors that figure into the risk profile are the market, the industry, the credit profile, the equipment and the term.

Can I Calculate My Own Payment?

To do this, you will need the total amount to be financed, your interest rate and your term. As these are all variables that have not yet been calculated and may change overtime – We suggest that you have us process a credit application on your behalf. There is no commitment unless you move ahead with a loan.

You may also want to use some on-line payment calculators to see different scenarios for yourself.

Can I Finance Taxes And Licensing?

In many cases – yes.

What Do You Do With My Information?

We do NOT sell you information. We do partner with a variety of trusted Lenders and submit to only those that we feel will fit your needs.

How Do You Select A Lender For Me?

Not all lenders are the same. We will submit your loan to the lenders matching your specific situation.

Does KWS Finance First Time Buyers? Owner Operators? New Businesses? Challenged Credit?

Yes, Yes, Yes and Yes. Kenworth Sales understands everyone starts somewhere and some need a fresh start. We have lenders for most any situation.

Do You Have Any Loan Specials Or Promos?

YES – great question. Contact your Finance rep to discuss as these may change frequently.

How Long Is My Approval Good?

Credit approval and interest rates offered vary by lenders but are usually honored 30-90 days.

Should I Consider Re-Financing?

Commercial vehicle loans are not setup to be bridge loans and are not usually refinanced by another commercial lender. Most commercial lenders will not pay off existing loan from another lender and keep the customer name the same.

This is considered a capital loan and not a new/used equipment loan origination because there is no change in ownership. This is different from the way the mortgage industry operates.

When Can I Pick Up My Truck?

After successful completion of loan documents including dealer paperwork, down payments, proof of insurance, and any stipulations as required by the lender.

Meet The Finance Team

Karen C. Zwick
Finance Sales
Serving customers since 2020
Ashley Mangum
Ashley Mangum
Finance Sales
Serving customers since 2015
Sofia Thompson
Finance Sales (Hablo Espanol)
Serving customers since 2017