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Can I use the financing for toll charges on vehicles other than commercial vehicles?

Toll Finance is typically designed for commercial vehicles, which are used for business purposes, such as transportation, logistics, or delivery services.

However, the use of this financing for personal or non-commercial vehicles is generally not permitted. Here’s why:

  • Commercial Vehicle Focus: Financial institutions offer toll financing as a business loan product, aimed at reducing operational costs for businesses that rely on a fleet of commercial vehicles.
  • Business-Only Usage: Most financial institutions require the vehicles benefiting from the toll finance to be registered for business purposes. This ensures that the financing is used for operational expenses, such as toll payments, directly related to business activities.

If your vehicle is used for both personal and business purposes, check with the financial institution to confirm if it qualifies under their toll finance program.

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