TVA (Titled Vehicle Finance Agreement) is essentially a loan offering a fixed monthly payment that does not fluctuate with increases in like-term Treasury Rates. You own the vehicle and we release our security interest at the end of the finance term. No blanket liens or compensating balances like a typical bank loan.

TRAC Lease (Terminal Rental Adjustment Clause) provides a guaranteed purchase price for titled vehicles and/or trailers at the end of the lease term and complies with true lease requirements according to IRS rules. At the end of the lease term, you may either purchase the vehicle for a fixed price, or sell the vehicle to a third party. If you sell the vehicle to a third party, you retain any excess over the purchase option amount. However, if the vehicle is sold below the purchase option amount, then you are responsible for any difference between the sales price and the purchase option amount.