Fund Your New Tico EV Fleet with the NJ ZIP Program
Fund Your New Tico Electric Fleet with NJ State Programs
As an approved NJ ZIP (Phase 3) Vendor, Fleetsource is your partner in securing point-of-sale vouchers up to $175,000 per vehicle AND accessing low-interest state financing to cover the rest.
Funding is limited and available on a first-come, first-served basis.
Start Your NJ Funding ApplicationYour Complete NJ Fleet Electrification Plan
New Jersey has two powerful, complementary programs to make electrification affordable. As an approved vendor for both, Fleetsource can guide you through the entire process.
Step 1: Get Your Voucher with NJ ZIP
The New Jersey Zero-Emission Incentive Program (NJ ZIP) is a point-of-sale voucher that instantly covers a massive portion of the upfront cost of a new Tico Electric Terminal Tractor.
- Base Vouchers: Get up to $175,000 per vehicle.
- Small Business Bonus: Get an additional 25% on the base voucher.
- Scrappage Bonus: Get an additional bonus for scrapping...
- Stackable Bonuses: More funds available for certified woman-, minority-, or veteran-owned businesses.
Step 2: Cover the Rest with NJ ZEV Financing
After applying your NJ ZIP voucher, the NJ ZEV Financing Program helps you finance the remaining balance with a low-interest loan from the NJEDA.
- Low, Fixed-Interest Rates: Secure predictable, low-cost financing.
- Finance Remaining Costs: The program is designed to cover the gap left by the voucher.
- Flexible Loan Amounts: Loans are available from $50,000 up to $500,000.
- Simple 5-Year Term: A straightforward repayment plan that works for your business.
Why Partner with Fleetsource?
Navigating state incentive programs can be complex. We make it simple. We are your dedicated one-stop shop for NJ electrification funding.
Approved for Both Programs
Fleetsource has met all NJEDA requirements to be an official vendor for both the NJ ZIP voucher program and the NJ ZEV Financing program.
Tico Electric Experts
We are the premier dealer for Tico terminal tractors. We know the equipment, the specs, and exactly how it qualifies for both programs.
Total Fleet Support
Our partnership doesn't end with the sale. Fleetsource provides the industry-leading service, parts, and support to keep your new electric fleet running.
Your Path to Funding in 3 Simple Steps
1.
Consultation & Eligibility
Contact our team for a free consultation. We’ll confirm your eligibility for both programs, review your fleet needs, and build a quote for your Tico EV.
2.
Application & Approval
We prepare the technical application data and guide you through the submission process.
3.
Voucher, Funding & Delivery
Once approved, your voucher is applied instantly, and your financing is secured. We'll then schedule the delivery of your brand new Tico Electric tractors.
Stop Burning Diesel. Start Saving Money.
Funding for these programs is actively being claimed and will run out. Let Fleetsource secure your spot and your funding. Contact our NJ Funding Team today.
NJ ZIP & NJ ZEV Program Disclaimer:
Fleetsource Leasing is an approved vendor for the NJ ZIP and NJ ZEV programs. However, final eligibility for all vouchers, bonuses, and financing is determined solely by the New Jersey Economic Development Authority (NJEDA). Funding is limited, awarded on a first-come, first-served basis, and subject to the availability of state funds.
All program terms, including voucher amounts, bonus criteria, and interest rates, are subject to change by the NJEDA without notice. The purchaser is responsible for meeting all program requirements, including but not limited to the 75% New Jersey usage requirement and the 3-year vehicle registration commitment. Fleetsource cannot guarantee the approval of any specific application. Please consult with your tax or legal advisor regarding the implications of these incentives.
Important Eligibility Requirement
To qualify for these programs, vehicles must be registered in New Jersey and operate at least 75% of the time within the state for a minimum of 3 continuous years.