Flexibility to fit your needs

Toyota Industries Commercial Finance (TICF) offers a multitude of lease options to meet every customer’s needs. Whether your business requires a short-term, long-term, or flexible-term lease, TICF can meet your material handling and truck financing needs.

There are many benefits of leasing, including:

  • Use of equipment without the responsibility of ownership
  • Only pay for the use of the equipment
  • Lowest fixed monthly payment
  • Ease, convenience, flexibility and dollar value
  • Minimize maintenance costs on aged equipment
  • Use of current equipment technology and ergonomics
  • Planned replacement cycle increases uptime and productivity
  • Cash flow: conserve initial cash outlay and invest in core business
  • No responsibility to dispose of equipment
  • Possible tax advantages
  • Lease-end options: return, extend, or purchase
glass jar with coins spilling from it

Consider these lease options when deciding which is best for your business.

Capital Lease

  • Alternative to cash and Retail Installment Contracts
  • You can purchase equipment at the end of lease for a nominal amount
  • Ownership passes at end-of-lease term
  • Ideal for severe operating conditions

Closed-End Operating Lease

  • Use the equipment for set term without full cost of ownership
  • Customized leasing programs for high- and low-hour applications
  • Option to extend or lease new equipment at end of term

TRAC Lease

  • Allows you to have the residual value of the truck
  • Structure a payment plan optimized for your usage requirements and cash flow needs
  • Multiple options at lease end, including acquiring the vehicle or having the vehicle sold
  • For Hino Trucks only

In addition to these benefits of leasing, leases also offer flexible payment options, including:

Skip/Seasonal Payments

A customized payment schedule based on your business needs.

  • Payments can be matched to revenue streams or business cycles
  • Maintaining constant use of the equipment while making payments when it makes the most sense for your business
  • Most common in the agricultural sector, where growers and produce companies have high and low seasons

One-Pay Lease

The One-Pay Balloon Lease product is an alternative for customers who are used to paying cash for their equipment. Rather than making monthly payments like a traditional lease, make a one-time, up-front payment, then have no monthly payments for the balance of the term and retain all of the benefits of our Closed-End Operating Lease at end of term.

  • Keep cash available to reinvest in other areas
  • Keep current credit lines open
  • Reduced interest expense
  • No monthly invoices

Flex Lease

The Flex Lease program offers customers a lease for a specific initial term with an option to renew for a subsequent term at predetermined lease payments. This program typically offers more customer savings than a standard lease.

  • Option to extend lease based on customer’s business needs
  • Ability to match specific lease periods with customer’s contract commitments
  • Structure a program that will adjust to anticipated market fluctuations
  • Multiple term combination options available
  • Sum of payments with a Flex Lease typically total less than that of a regular lease of the same combined term
  • Allows the ability to exercise an early lease termination without additional expense

TICF offers Flex Leases for Toyota Material Handling forklift customers only.