Turo Host Financing - Westlake Financial

Grow your fleet with a line of credit from Westlake Fleet!

Turo hosts operating as a business (e.g., LLC, S-Corp, Sole Proprietorship, etc.) can apply for a line of credit of up to $1,000,000 at competitive rates. To be eligible you need to have operated as a business on Turo for at least 6 months and have at least three active vehicles listed on Turo.*

Finance Terms

Get up to $1,000,000 total line of credit (max $100k per car)
Terms: Used Cars = up to 48 months, New Cars: up to 60 months
Vehicles can be added as a TRAC Lease, or, in some cases, a commercial retail installment contract

Turo Host Requirements*

Achieved “Power Host” status with Turo
Minimum 600 FICO Score
Minimum of 6 months as a registered business (LLC, S-Corp, Sole Proprietorship, etc.) on Turo
Minimum 3 active vehicles listed on Turo for the last 6 months

Required Information & Documents

As part of your line of credit application, we’ll need the following information as well as your personal guarantee:

Earnings: 1 year
Tax Returns: Most recent
P&L Statements: Most recent
6 months of bank statements (where Turo earnings are deposited)

*To be eligible you need to have operated as a business on Turo for at least 6 months and have at least three active vehicles on the Turo.

Program Requirements:

Max Amount Financed: $100,000
Min Amount Financed: $10,000
Max Vehicle Age: 5 Years
Max Vehicle Mileage: 70,000
24-60 month terms
Vehicle must be purchased from a licensed auto dealer

Grow your fleet with a line of credit today!

Turo Program Interest Form

Introduction

Westlake Fleet is offering lines of credit to Turo hosts like yourself to help you grow your business and grow your fleet of vehicles!

To get started, please fill out the form below and a Westlake Fleet employee will get back to you within 48 hours.

By beginning the application process with Westlake Fleet, you acknowledge that Turo will share certain vehicle and trip information with Westlake Fleet in order to support your request for financing product(s).

Thank you.

Contact Information (Must be Turo Business owner)

Business Information

You understand that by checking the box immediately following this notice you are providing 'written instructions' to Westlake Fleet under the Fair Credit Reporting Act authorizing Westlake Fleet to obtain information from your personal credit profile or other information from Experian. You authorize Westlake Fleet to obtain such information solely to prequalify you for credit.

Questions before you apply?
Email us at [email protected] or give us a call at 1-888-744-6144

Copyright 2024. All rights reserved to Westlake Services, LLC. *As a requirement of this program, hosts must add a minimum of five vehicles to Turo over the first six months that they have an approved line of credit. Hosts are welcome to trade in vehicles and replace them with vehicles financed by Westlake Fleet. In other words, hosts don’t need to grow their fleet overall in order to meet this requirement. To be eligible for this line of credit, hosts need to have operated as a business (LLC, S-Corp, Sole Proprietorship, etc.) on Turo for at least 6 months, with at least three active vehicles listed on Turo. Active vehicles are defined as having each had at least one trip in the last 30 days.