Summary: Pacific Rim Funding a subsidiary of Kenworth Northwest has many options to help you finance the truck you want. This funding source is controlled by our company which allows maximum flexibility for all types of credit situations. Below are some of the options available.

Retail Finance Contract - Our Most Popular Choice
If you want equipment ownership, the ability to build equity and an avenue for depreciation-you should consider a retail finance contract.
Also known as debt financing, a Retail Finance contract allows you to include the funding for related equipment and many of the other costs for placing equipment in service.
When you work with Kenworth Northwest, you can enjoy simple processing and documentation and straightforward, simple-interest fixed rate loans, no variable rates and payments that constantly increase.
Repayment Options Full payout loans, Equal monthly payments, Level principal payments, Accelerated payments, Skip payments to meet changing cash flow needs with seasonal businesses, Balloon financing alternatives to preserve monthly cash flow while still maintaining an equity position.

TRAC Lease - Cash Flow Plus Ownership
If you want maximum monthly cash flow with a limited initial investment-but still want to retain ownership-then you should consider a TRAC (Terminal Rental Adjustment Clause) Lease.
It has a predetermined purchase price at the lease end which makes things more predictable. You eliminate the guesswork by paying a fixed amount equal to what the vehicle is predetermined to be worth at the end of your lease.

Here's an example of how it works:

FMV Lease - Cash Flow Plus Flexibility
If you want to enjoy new equipment without worrying about trade-in values-and if you want maximum cash flow-you should consider an FMV (Fair Market Value) Lease.
The FMV Lease is available on new trucks and tractors and is recommended when ownership and depreciation benefits are not desired. You aren't responsible for your equipment's residual value at the end of the lease term and will have several choices offering maximum flexibility.*

Municipal Lease - Tax-Exempt and Budget Friendly
We offer tax-exempt municipal leasing to help your government agency obtain essential equipment while staying within your budgetary limits. We provide finance and lease plans for both new and used vehicles.
We can expand the ability of your budget to replace worn-out, high-maintenance equipment. With a $100,000 budget, we can help you acquire more vehicles in Year One.
For example: a $100,000 budget can purchase two vehicles using cash or it can purchase nine vehicles using a 5-year municipal lease.

Any government agency that can issue tax-exempt securities generally can utilize tax-exempt leasing. This includes States, Counties, Cities, School Districts, Universities, Hospitals, Special Purpose Districts and Section 501(c)(3) Not-For-Profit Organizations.

For more information please call 206-433-5911.