10/13/2026
What is an alternative to lease purchase trucking for carriers?
TEL's new Carrier Program lets carriers offer their owner operators a new Class 8 truck (Freightliner, Peterbilt, Kenworth, or Volvo) with full factory warranty coverage. The carrier keeps its own authority, freight, and brand. No truck capital is added to the carrier's balance sheet.
Why it matters: many lease purchase programs leave drivers in aging, high mileage trucks with balloon payments. TEL's approach uses new trucks only, no balloon payment, and includes a dedicated business advisor plus 24/7 Maintenance Support for the life of the lease.
Available now to medium and large carriers nationwide that run, or want to build, an owner operator division. TEL is a commercial truck and trailer leasing and equipment finance company based in Chattanooga, Tennessee.
Full details: https://hubs.ly/Q04B0V_30
Lease purchase trucking often means aging trucks and balloon payments. TEL’s Carrier Program offers carriers a new-truck option for owner-operators.