Fincera provides heavy truck leasing services to individuals and small businesses operating in China's transportation industry. Fincera currently operates China's largest commercial vehicle sales, leasing, and support network. Through our nationwide network of more than 450 service centers, we offer a superior one-stop shopping experience that enables our customers to conveniently and affordably own and operate commercial vehicles.
Our customers typically complete their vehicle purchase through our 26-month lease-to-own program, during which time Fincera has the legal rights to the vehicle. We offer a wide variety of trucks from leading manufacturers in China. We are currently focused on Class 8 heavy trucks (over 15 tons Gross Vehicle Weight Rating) given this segment’s short replacement cycle of approximately 3-4 years.
In addition to our leasing business, we also broker vehicle insurance and provide value-added administrative services to our customers.