At Drivosity, we think everyone should have access to our cutting-edge safety and productivity platform, no matter what your financial situation. That is why we have approved PEAC to offer competitive leasing and financing options.
It's simple! Just click on the one-page link to start the process.
An inquiry on personal credit is part of the approval process. However, once approved and funded, PEAC's business loan will not show as a trade line on the Borrower's personal credit.
The standard loan with Drivosity is 36 months (3 years).
No – this is not a trial or rental contract. The Borrower is responsible for the sum of all payments for the entire term of the finance contract.
A personal guarantee is required unless the underlying entity has established satisfactory business credit history, subject to approval by PEAC Credit.
PEAC reserves the right to file a Lien as evidence of our Security Interest in the financed amount / loan with the Borrower.
Assuming your business qualifies, the Borrower can finance additional equipment, which may be added to the original Agreement depending on the timing of the addition (typically within 90 days and amounts above $5,000).
Yes! Assuming your business qualifies, the Borrower can defer the first payment for up to 90 days (3 months) from closing the loan on Drivosity's solution.