There are more than 260 million registered passenger vehicles in the US, and millions of them end up needing local and long-distance towing each year. Auto accidents, flat tires and engine problems are the most common reasons that light and heavy motor vehicles need to be towed. The motor vehicle towing industry will continue to grow, which is good news for your business. In order for your towing business to be competitive, you might need to replace an old tow truck… or perhaps acquire a new one.
As you know, purchasing a tow truck can cost a small fortune. Because of this, you should consider leasing your tow truck through Balboa Capital.
Established in 1988, Balboa Capital is one of the largest independently owned financing companies in the country, and we’ve worked with a large number of towing companies. Balboa Capital can develop a custom-tailored leasing program that meets both the needs and budget of your towing business. That means you can get a tow truck – or a small fleet of tow trucks – for a monthly payment you can afford.
Balboa Capital is the ideal financing resource for your towing business because our leasing process is simple and highly efficient. You can visit our website and fill out a simple
one-page application to get a credit decision response promptly. Or, use our
Quick Quote option to get an estimated lease quote within 24 hours or less. Balboa Capital handles all the paperwork, and we can even provide same-day funding for your tow truck.