2441 Warrenville Rd • Ste 310 • Lisle, IL 60532

Lease-Purchase Financing

Engs is an industry leader in Carrier Sponsored Lease-Purchase Finance programs.  We know that programs only work when the Owner Operator is successful.  We work with our Carriers to design a Lease Purchase program that provides  new and existing Owner Operators a better chance of success while operating their business.

Helping Owner-Operators Succeed

Our programs are designed to:

  • Increase Recruiting Efforts by Providing a Financing Option
    • Defined path for an Employee Driver to convert to an Owner Operator
    • Ability for Owner Operator to upgrade Tractor will help improve recruiting success
    • Expanded credit terms
    • Low down payments
  • Support the Independent Relationship Between All Parties
    • Help mitigate reclassification concerns
    • Direct lease to the Owner Operator that is portable
    • Remarketing commitment- no guarantees from Carrier
  • Reduce Turnover/Increase Retention
    • Provide a better Lease payment that can help support the success of an average Owner Operator
    • Provide an option for existing Owner Operators to upgrade their tractors
    • Additional tool provided by Engs credit review to eliminate poor long term candidates
  • Help Support the Owner Operator’s Success
    • Defined Lease payment on a new or lower mileage used tractor
    • Weekly collection through Settlement Deduction
    • Develop a Maintenance Reserve Account to support PM and repairs
    • Collection of 2290s on a weekly basis

Find Your Program

For more information on our industry leading programs, please contact:

Mark Rosinski
Vice President National Accounts