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Digger Derricks Overcenter Aerial Devices Non-Overcenter Aerial Devices Telescopic Aerial Devices Electric & Hybrid Sign Up Careers
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Terex digger derrick and Terex aerial device booms

Terex Financial Services

Build the fleet you want with competitive financing from Terex Financial Services (TFS).

Contact TFS

Financial Solutions That Work

 

Terex Financial Services (TFS) assists Terex Utilities customers by providing a trusted financial resource to help them purchase the equipment that they need to meet their goals. 

 

  • We are Knowledgeable - integrated with Terex Utilities equipment sales team with rich industry understanding
  • We are Committed - underwrite to protect our customers' best interests, remarketing expertise to maximize value and structure transactions to meet customer goals
  • We are Dedicated - equipment specialized sales force, local presence, and only exist to finance Terex Utilities equipment

 

What Do We Provide?

 

  • Loans - enjoy the benefits of ownership. A variety of repayment structures available ranging from monthly to annually.
  • Fair Market Value Leases - enjoy the benefit of lower monthly payments and end of term flexibility. Commonly referred to as operating leases.
  • TRAC or Split TRAC Leases - a TRAC (terminal rental adjustment clause) lease is a tax-oriented lease of qualified motor vehicles and trailers. A TRAC lease permits or requires an adjustment of rentals according to the amount realized by the lessor upon a sale of the leased equipment. 
  • Capital Leases - A capital lease is a contract entitling a renter to the temporary use of an asset, and such a lease has the economic characteristics of asset ownership for accounting purposes. The capital lease requires a renter to book assets and liabilities associated with the lease if the rental contract meets specific requirements.

 

Build the fleet you want with competitive financing rates as well as special lease and purchase options from Terex Financial Services. 

Al Herndan

Terex Financial Services

Financial Services Business Partner

Al Herndon, CLFP

  • Al.Herndon@terex.com
Evan Harvie

Terex Financial Services

U.S. AWP - Central | Terex Utilities - West

Evan Harvie

  • Evan.Harvie@terex.com
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