Archive for the 'Camping' Category

Click Here To Find Out More About:

Second Chance Financing and Leasing for Over the Road Trucks, Big Rig, Tractor Semi, Tractor Trailers, Sleeper Cabs

by

J.M Casa

Semi sleepers, big rigs, tractor semi, tractor trailers, sleeper cabs are for sale and related financing and leasing can be a major hurdle for the start up and experienced business. Todays economy is all over the place and conventional big rig truck financing has dried up at many banks and/or lending institutions. Big rig truck owner operators can seek and locate special financing and leasing in the secondary markets where there are ample repossessions and off lease tractor sleepers to be available for acquisition.

Due to a contracting economy, many institutions have excess inventories on their books that they need to put back on the street. These in-house inventories are non income producing, therefore putting difficulty on the lender to create a agreement with the customer. These opportunities can be found in the price, the financing or a combination of both.

Some banks are offering repo and off lease tractor trailers in the repo market with a minimum credit score of 550. This gives the startup and/or seasoned business a second chance lending opportunity to start and/or expand their fleet with marginal credit. This opening would have never existed in the past.

REQUIREMENTS OF THE PROGRAM

Credit scores must be 550 or higher

Discharged bankruptcies up to twelve months

YouTube Preview Image

Financing up to $60,000

Lease to Purchase with 10% buyout

Trac Lease only

Special finance program for drivers with less than two years owner operator Experience

UNABLE TO QUALIFY FOR

Back child support with no payment plan

Tax Liens

The applicant must have a minimum $4000 down payment

All Big rig trucks for sale in this special program are 2004 and newer. Check out the outstanding warranty information on these semi trucks

The types of tractor sleepers, over the road trucks, and big rigs we are talking for leasing are :

Peterbilt, Kenworth, Freightliner, Mack, International, Volvo

This lender isn’t going to call for full documentation packages. This lender comprehends the present economic circumstances and will work with the applicant to make an acquistion and lending deal concluded. The dealership is in the midwest and works with the startup applicant as well as a seasoned business seeking to enlarge its fleet..The buy out clauses to take title to these tractor semis are adaptable to make these deals workable.

In conclusion, this is a buyers market for owner operator trucks, and trailers, . Check out all the opportunities in the market and make sure that you have a steady income base to assume whatever debt that you may occur

.

Happy hunting for your purchase and related tractor trailer, over the road truck, and big rig financing and leasing.

J.M Luna has over thirty years experience in the financial world. This includes accounting and taxes, leasing, hard asset money and commercial lending. U.S Corporate Capital Leasing assists the start up and seasoned business for financing in all different industries.http://www.cclgequippmentleasing.com/semi_trucks.htmhttp://www.cclgequipmentleasing.com/trader.htm

Article Source:

Second Chance Financing and Leasing for Over the Road Trucks, Big Rig, Tractor Semi, Tractor Trailers, Sleeper Cabs }