This year, ClearPath Financial Services celebrates its 10th anniversary after beginning as a general equipment leasing business in 2006. Shortly following the company’s launch, however, it evolved into a specialization in financing both heavy construction equipment and commercial trucks.
When the economy turned in 2008, ClearPath moved into financing owners with less than perfect credit, utilizing an approach that helps manage cash flow by including additional collateral or down payment.
Programs for established owner-operators are offered as well, tailored to each situation, whether the truck is new or old, from a private-party seller or elsewhere.