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PHH The art and science of fleet management. PHH The art and science of fleet management. PHH The art and science of fleet management.

Financing

From capital conservation and greater financial flexibility to savings on rental tax and easier disposal, leasing can be an attractive alternative for your truck fleet. PHH FirstFleet will help you compare the benefits of leasing versus owning with our wide range of advanced finance programs and tools.

Innovative financing solutions for truck fleets and equipment

PHH FirstFleet’s financing options combine your truck and equipment needs with our industry knowledge, financing relationships and modern financial tools:

  • Logic Lease® is our highly flexible approach that delivers the lowest cost of financing by fully utilizing depreciation tax benefits, obtaining the highest residual value and lowering overall operating costs
  • Fair Market Value lease where the lessee has no residual risk in the asset at the end of the term
  • TRAC (Terminal Rental Adjustment Clause) lease where the lessee bears residual risk in exchange for lower overall costs and flexibility on usage and miles
  • Split TRAC (Terminal Rental Adjustment Clause) lease is a modified TRAC lease where the lessor assumes part of the estimated residual risk

PHH FirstFleet offers additional financing solutions geared to customizing a lease to meet your requirements:

  • Year-round tax leverage
  • Residual risk management
  • Cash flow analysis
  • Lease vs. own analysis