Charabanc Financial
Industries / Transportation / Motorcoach Financing
Motorcoach Loans & TRAC Leases

Motorcoach Financing Built by Coach People.

Loans and leases for charter, tour, and line-run operators, from a single used coach to a full fleet refresh. Application-only approvals up to $750,000 in as little as a few hours, and larger deals with full financials.

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$750K
On the application alone, more with financials
Hours
Approval turnaround, not weeks
A+ to C
Wide credit approval window
Since 2002
Financing buses and coaches
Why Charabanc

Financing From People Who Know Coaches

Motorcoaches are where Charabanc started. For more than twenty years we have financed coaches for charter companies, tour operators, and scheduled-service carriers across the country. Our team includes people with decades in the bus and motorcoach market, so we understand how a coach earns money, how it holds value, and how seasonality hits your cash flow.

Built for Seasonality

Charter and tour revenue isn't flat, and your payments don't have to be either.

  • Skip up to 3 consecutive payments a year
  • 90-day deferred payment options
  • 100% financing available

Flexible Structures

We structure the deal around your business, not a standard equipment-loan template.

  • Equipment loans
  • TRAC, capital & operating leases
  • Municipal leases for public fleets

A Wide Credit Window

From established fleets to operators just getting started.

  • A+ to C credit considered
  • Start-up underwriting with good credit
  • New and used coaches
What We Finance

Every Kind of Coach and Bus

New MotorcoachesSingle units or fleet orders
Used MotorcoachesPre-owned coaches of any age
Fleet RefreshesAdd or replace multiple units
RefinancingExisting coaches
Cutaway & ShuttleMid-size and shuttle buses
Transit BusesFixed-route fleets
ParatransitADA and lift-equipped
School BusesPrivate and contract fleets

We finance coaches from the major manufacturers, including Prevost, MCI, Van Hool, Temsa, and Setra.

Still shopping for a coach?

Our affiliate, The Bus Coach, buys, sells, and consigns pre-owned motorcoaches and buses. We can have financing lined up before you pick a unit.

Browse The Bus Coach
Loan or Lease?

Pick the Structure That Fits

We’ll lay out both options side by side for your coach and your numbers.

Build equity

Equipment Loan

You own the coach from day one and build equity with every payment.

  • Ownership from the start
  • No residual at the end of term
  • Good fit if you run coaches for the long haul
Lower payment

TRAC Lease

You and the lessor agree on a residual value up front, which usually means a lower monthly payment.

  • Designed for over-the-road vehicles
  • Can carry tax advantages
  • Good fit for managing monthly cash flow

Municipalities and transit agencies can also use municipal leases. Confirm tax treatment with your accountant.

How It Works

Three Steps to Your Next Coach

Apply

Download a credit application. Smaller requests can go application-only: the application, recent bank statements, and a short company overview.

Get a Decision

Application-only requests up to $750,000 can be approved within a few hours. Larger deals are structured with full financials.

Hit the Road

We structure payments around your calendar, including seasonal skips and 90-day deferred payment options.

What Operators Say

Trusted by Charter and Tour Operators

“Charabanc financed many motor coaches for me over the years and gave me sage business advice.”

David Bolen
Academy Bus

“They are extremely creative and have vast experience and knowledge. When we need advice, they are on speed dial.”

Assad Dakkak
Dynamic Tours & Transportation
Questions

Motorcoach Financing FAQ

How fast can a motorcoach loan be approved?
Application-only requests of up to $750,000 can be approved within a few hours once we have a complete application. Larger deals, submitted with full financials, take a little longer because we structure them individually.
Do you finance used motorcoaches?
Yes. We finance both new and used motorcoaches, as well as cutaway, transit, paratransit, and school buses. See our used bus financing page for more on pre-owned units.
What credit do I need to finance a coach?
We work across a wide credit window, from A+ to C, and can underwrite start-up operators who have good personal credit. Starting a new charter company? See start-up charter bus financing.
What financing options do charter bus operators have?
Charter and tour operators can use equipment loans, TRAC leases, or capital and operating leases, and public fleets can use municipal leases. We also refinance coaches you already own. Seasonal payment structures and 90-day deferred payment options help match payments to your busy and slow months.
Can I skip payments during my slow season?
Yes. Seasonal payment structures let charter and tour operators skip up to three consecutive payments each year, and 90-day deferred payment options are also available.
What is a TRAC lease, and is it right for a motorcoach?
A TRAC (Terminal Rental Adjustment Clause) lease is designed for over-the-road vehicles: you and the lessor agree on the coach’s residual value up front, which can lower monthly payments compared with a loan. Whether a TRAC lease or a loan is better depends on your tax position and how long you plan to run the coach. We walk through both with you, and you should confirm the tax treatment with your accountant.
What do I need to apply?
Smaller requests can go application-only: a credit application, recent bank statements, and a short company overview. Larger requests use our full-financials application with business tax returns and financial statements. Both are on our Resources page.

Ready to Finance Your Next Coach?

Send us an application or give us a call. We’ll lay out your options, usually within hours.

Download a Credit Application Contact Us
Or call us at 706-460-5231