Live The Life Shop Featherlite

It's Easy to Own Your New Featherlite

Featherlite offers two financing options: GE Money or Featherlite Credit. 
With both you get:

• Fast Credit Decisions
• Competitive Rates
• Flexible Payment Options

Installment Loans
Offered with some unique options that offer flexibility you won’t find with other lenders:

• Low monthly payments and terms of up to 10 years
• ZERO down programs available to qualified buyers
• Loans can be written in farm, business or personal names
• More information on Featherlite Credit loans

Leases
Available in two basic programs: a TRAC Lease or a Fair Market Value Lease.
Benefits of Leasing:

• Lease to own with a low buy out
• Payments may be expensed for tax purposes (consult with your tax advisor)
• Off balance-sheet financing frees up cash for other capital expenditures
• Pre-established lease and purchase options
• Quarterly, semi-annual and annual payments
• No mileage restrictions
• No pre-payment penalties
• More information on Featherlite Credit leases.

TRAC Lease
The TRAC Lease is for people who are interested in the benefits of leasing, but want to own – “buy out” -- their trailer at the end of the lease. TRAC is short for Terminal Rental Adjustment Clause. The buyout is a pre-determined, fixed price, which is typically 10% of the selling price. This type of lease is very similar to a loan with a balloon payment, except at the end of the lease term you have the option to do one of three things: (1) purchase the trailer for the residual amount, (2) trade in the trailer for another Featherlite (with the trade equity applied to your new trailer), or (3) turn in the trailer.

Fair Market Value Lease
With the Fair Market Value Lease, there is not a pre-determined residual buyout price. At the end of the lease term, the lessee has the option to either purchase the trailer for its Fair Market Value or return the trailer to Featherlite Credit. You’ll have lower monthly payments with a Fair Market Value Lease. But it’s important to remember that at the end of this lease you will not have any equity built up in the trailer. This is a “true lease”, where you’re only renting the trailer for the specified term and building no equity in the trailer.


Get started with the process today!

GE Money: For information on financing through GE Money, visit their website or contact your local Featherlite dealer.

Featherlite Credit: Download the Featherlite Credit Application. Fill it out, sign it and fax back to Featherlite Credit at 563-547-6047. If you have any questions on lease programs or to get a custom payment quote on a new Featherlite trailer, please call Featherlite Credit toll free at 888-584-0360.

Featherlite currently has 23 environmental touch points, each of which helps make the manufacturing process more environmentally safe and sustainable. This program includes the collection and recycling of scrap steel, aluminum and stainless steel, even including aluminum and steel saw chips.