Pelagic Capital is the lender for deals your primary sources decline. We specialize in Class 5–8 commercial truck financing for buyers with 500–650 FICO scores — structured as EFAs with terms to 60 months and decisions in 2–4 hours.
You've been here before: a solid deal, a motivated buyer, a truck that sells itself — and every primary source declines because the FICO is 580. That's exactly when you call Pelagic. We are your C credit solution for Class 5–8 commercial trucks, and we operate like a partner, not a last resort.
Most commercial truck buyers with credit scores between 500 and 650 fall into a no-man's-land: too risky for traditional A-paper lenders, and too strong to settle for predatory subprime terms. That gap — the C Credit Gap — is exactly where Pelagic Capital was built to operate.
Millions of working-class truck buyers are shut out of equipment ownership every year — not because they can't afford a truck, but because the system wasn't designed for them. We built a structured program that makes approvals possible, predictable, and fair.
Every C Credit Gap transaction at Pelagic is structured as a true Equipment Finance Agreement — not a lease, not a rental purchase, not a conditional sales contract with a balloon. Here's what that means for your customer and your deal.
Here's how term length affects the monthly payment on a $55,000 financed amount — the same truck, the same rate, structured to fit different cash flow realities. Most C & D lenders stop at 48 months. We go to 60.
*Illustrative estimates based on $55,000 financed at representative C Credit rates. Actual payments vary by credit profile, equipment, and approved terms. Not a commitment to lend.
From medium-duty workhorses to heavy-haul sleepers, we have a structured program for every truck in your inventory.
Full-coverage financing for Class 8 OTR sleeper cabs and regional day cab trucks. Our C Credit Gap program gives finance managers a reliable approval path for customers banks won't touch — with structured down payments and competitive rates that make deals pencil.
A dedicated financing lane for our select dealer partners — featuring accelerated approvals, dedicated underwriting support, and priority funding on Class 8 sleeper and day cab transactions. Now competing head-to-head with Crossroads, Keystone, and Compass.
Dump trucks, refuse vehicles, and specialized vocational Class 7 equipment. We understand how these trucks earn — and we structure terms accordingly.
Box trucks, stake bodies, and medium-duty fleet additions. Ideal for small business owners building their first delivery or distribution operation.
Financing for Class 5 platform trucks, cab-overs, and service vehicles. We help first-time commercial buyers get into their first truck without perfect credit.
Our new dealer partnership program brings Pelagic's C Credit Gap expertise directly into the Class 8 sleeper and day cab market — giving your finance desk a powerful new tool alongside the established players.
Based on publicly available program information. Subject to change.
Our streamlined process is built for finance managers who need answers fast. No bureaucracy, no runaround.
Send us the customer's credit app, FICO, and truck details. Takes under 5 minutes.
A dedicated underwriter evaluates the full picture — not just the score.
Approval or structured counter-offer with clear stip requirements. No surprises.
Documents, funding, and keys. We move fast so your customer drives home today.
Every dealership has a segment of buyers who walk in qualified, motivated, and ready — but get turned away because their credit doesn't fit the primary lender box. Pelagic closes that gap. For general managers and sales managers, that means more units moved without adding a single truck to your lot.
Adding Pelagic to your lender stack costs you nothing. There's no exclusivity, no volume commitment, and no disruption to your existing lender relationships. What you gain is an approval path for the 15–25% of your traffic that currently walks out the door unfunded.
You know the customer: solid work history, real down payment, knows exactly which truck they want. Their credit score says 560 and your primary lender says no. Pelagic says yes. When your F&I desk has Pelagic in the mix, fewer deals die on the credit floor.
If you found this page on your own — maybe after a bank said no, or a dealership couldn't get you financed — you're in the right place. Pelagic Capital works with buyers who have real credit challenges and real reasons to own a truck. Here's what you should know.
If you refer a friend, family member, or fellow owner-operator to Pelagic and their deal funds, we'll send you $250 — no strings, no fine print. Just connect them with a Pelagic dealer partner or have them mention your name when they apply.
Pelagic works through our network of commercial truck dealerships. If you've found a truck you want to buy, ask the dealer's finance manager to submit your deal to us. If you need help finding a dealer partner, contact us and we'll point you in the right direction.
No. We look at the full picture — your business history, income, the truck you're buying, and your ability to make the payment. A 580 FICO with solid cash flow and a strong down payment is a deal we want to do.
Not always. Non-CDL investors can qualify on certain programs, particularly for trucks being operated by an employee driver or leased to a carrier. Ask your finance manager about non-CDL options.
An Equipment Finance Agreement means you own the truck — not the bank, not the dealer. Your name goes on the title at signing. You make fixed monthly payments over the term and the truck is fully yours at payoff. There's no end-of-lease return, no residual payment, and no surprises.
Yes. If you refer someone who gets funded through Pelagic, we'll pay you $250 — no forms, no hoops. Just make sure they mention your name or contact us directly with the referral. It's our way of saying thanks for spreading the word.
Ready to add Pelagic to your lender stack? Fill out the form and someone from our team will reach out within one business day to get your dealership enrolled. No contracts, no volume commitments — just a new approval path for your C credit customers.
Takes about 60 seconds. Tell us who you are and where you're located.
A Pelagic team member contacts you to walk through the program and answer your questions.
Once enrolled, your F&I desk can submit C credit deals immediately. Dealer reserve paid on every funded transaction.
All fields required. We'll never share your information.
Thanks for reaching out. A Pelagic team member will contact you at the email and phone number you provided within one business day.
In the meantime, if you have a deal ready to go, you can submit it now:
Submit a deal to Pelagic in under 5 minutes. Decision in 2–4 hours. We're your C credit solution for Class 5–8 commercial trucks.