I am just putting myself in a financing situation. I am looking for about a 3-year-old truck. What do they look at besides the downpayment of credit?
I run a well established hot shot business and I’m ready to get out of pick up trucks and upgrade to something that is designed to be on the road. We have about 20 yrs of history and my credit is good.
If I go with the bank they will take a lot of time to process the documents. So I dropped my decision to take a bank loan.
Then a friend of mine told me about the finance companies that provide loans for trucks. They might finance without much delay. So I am planning to visit a truck financing service near my house.
But I don’t know the procedures that I have to follow for applying for a loan. If you had any experience with truck loans please advice.