Which Type of Truck Loan is Right for You?
The mission of the Pete Store is to make it easy to do business with us, and to find you the right truck loan that meets your specific needs and budget.
We offer two types of truck loan programs:
Fixed Rate Loans
- Great for companies that need a predictable payment each month.
- Monthly payments remain the same for the entire loan period.
- Brings peace of mind, knowing what is due each month.
- Interest rate might be higher with the fixed payment feature than a variable rate loan .
Variable Rate Loans
- Typically a lower rate than fixed loans.
- A good fit for companies with stronger cash flow, who can adjust to varying monthly payments due to interest rate fluctuations.
- Faster payoffs due to lower rates.
- Potential lower upfront costs.
- Possible balloon payment if rates significantly rise.
Fixed Rate Loans
- Great for companies that need a predictable payment each month.
- Monthly payments remain the same for the entire loan period.
- Brings peace of mind, knowing what is due each month.
- Interest rate might be higher with the fixed payment feature than a variable rate loan .
Variable Rate Loans
- Typically a lower rate than fixed loans.
- A good fit for companies with stronger cash flow, who can adjust to varying monthly payments due to interest rate fluctuations.
- Faster payoffs due to lower rates.
- Potential lower upfront costs.
- Possible balloon payment if rates significantly rise.
Ready to Get Started?
We have two convenient ways to get the finance process going:
Apply Online
Submit your secure credit application in minutes, and receive a pre-approval decision quickly
Truck Loan Calculator
Use our online tool to get an estimated monthly payment, and learn how different financing options can impact your bottom line.
Flexibility for Changing Markets
- Ideal for: Businesses comfortable with some interest rate fluctuation.
- Benefits: Consistent monthly payments, faster payoff with lower rates, potential for lower upfront costs.
- Considerations: Balloon payment may be required if rates rise significantly.
Predictable Payments, Peace of Mind
- Ideal for: Businesses seeking stability and budgeting certainty.
- Benefits: Predictable monthly payments throughout the loan term, ownership of the truck at the end.
- Considerations: Interest rate may be higher than variable rate options.
Apply Online
Submit your secure credit application in minutes, and receive a pre-approval decision quickly
Truck Loan Calculator
Use our online tool to get an estimated monthly payment, and learn how different financing options can impact your bottom line.
The Pete Store Difference
We strongly believe in building long-term relationships with our customers.
When working our friendly Finance Team, you can count on:
Competitive Rates
We work with a network of lenders to secure the most competitive rates available.
Fast and Easy Approvals
Get the green light quickly so you can get on the road with your new truck.
Expert Guidance
Our knowledgeable finance professionals will guide you through every step of the process.
Let's Find the Right Loan for You
Contact The Pete Store today. Our financing experts will answer your questions and guide you through the loan application process.
Contact Us
Drive Your Peterbilt Today
Explore our financing options tailored to meet your needs. Whether you're buying your first truck or adding to your fleet, we've got flexible plans to help you get behind the wheel.
Apply for Financing
Treating You Like Family
The Pete Store is known for treating customers like family, because that’s what they are to us. We have the inventory, experience, and knowledge to be your total truck parts solution. Let us be a long-term partner in your success.
