Heavy Hauler Finds PFC Lightens the Load of Financing - Spring 2011

As a second-generation family operation, celebrating 56 years in business in the Houston area, Naegeli Transportation Inc., knows a thing or two about loyalty. Many of its 90 employees have been with the company for 30 years. That loyalty has blood lines as more than 20 immediate and extended family members – fathers, sons and cousins – work for the company.

Today, Naegeli Transportation runs 65 tractors in a diverse heavy-haul operation, which includes a machine tool moving division. It has survived and prospered during the up and down cycles of the construction industry

“Our diversity in services, combined with our superior workforce, has allowed our company to weather the sometimes stormy conditions within the greater Houston construction environment,” said Sonny Naegeli, son of the founders (Boyd and Betty Naegeli) and president of the company.

For the past 20 years, the company has been running a mix of Kenworth and Peterbilt equipment. They’ve also been a PACCAR Financial customer for the last 10 years.

“Excellent rates, fast turnaround, good people, and a clear understanding of our business are some of the reasons we call PFC first when it comes to financing equipment,” said Naegeli. “PFC is very easy to deal with compared to a traditional bank. They do their homework ahead of time and they are familiar with our financing parameters. We don’t have to do a dog-and-pony show like we would with a bank. And, the documentation with PFC is the easiest I’ve ever had. It’s literally a two-page document and we’re done.”

While Naegeli said he appreciates all the different finance and lease plans available through PFC, he sticks to a very straightforward 36-month fixed rate finance plan. “We have a five-year depreciation schedule and pay off our loans in three years,” he said. “This works very well for us and we don’t tap into our credit line with our bank. It’s why we consider PFC a partner in our business.”

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