What is Semi-Truck Financing? You can obtain a truck loan to purchase or lease a new or used truck. Semi-truck loans can also be used to fund trucking equipment and repairs. Obtaining a small business loan for a semi-truck can be very different from regular loans. Truck loans require a larger down payment and are more expensive than commercial or consumer auto loans. Your monthly loan payments for a semi-truck can be determined by your FICO scores, trucking industry experience, homeownership status, the sort of vehicle you wish to buy, and the lender you choose. Bad credit is common in...