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Down Payment Requirement for Semi Truck Loans | Owner Operator
Down Payment Requirement for Semi Truck Loans | Commercial Truck Loans | Owner Operator
🔥🔥🔥For more info about semi truck loans, big rig financing, and more, connect at:
Email -- Info@TheBroker.Finance or (714) 271-8524 (call or text)
In this video I talk about the down payment requirement for semi truck loans.
If you've landed on this video, odds are you're not a SUPER, Well establised trucking company that's been around for 5 years or more and has perfect credit and a large fleet.
You're probably either just starting or less than 2 years old or less than 5 years old........which is what alot of companies (lenders) look for. They want you to be in business for either 2, 3, or 5 years or more before they don't consider you a start up. It just depends on the lender. Which, we work with alot of them.
So, if you are one of the newer guys or your credit is not perfect you should expect to put down MAYBE 15% best case scenario, but realistically, 20, 25, 30, 35, or 40%. (however, we have lenders that can also do as low as 0-15% down for the right applicants). So the range is gonna be 20-40% for some of the newer guys that want to get on the road that maybe don't have perfect credit or are newer in business.
But, the good news is, we can pretty much finance anybody, no matter how bad your credit, with 40% down. We always try to get you the lowest down payment possible, the best terms we possibly can.
If you can muster up 20-40% we can probably get you a truck and get you out on the road making the money that you want and of course the money that you deserve.
🔥🔥🔥Email -- Info@TheBroker.Finance or (714) 271-8524 call or text
TheShawnShow50, www.ReverseMortgageLoanAdvisors.com, TheBroker, and Reversed TV Is not a lender, bank, or mortgage broker, nor is it affiliated with HUD or FHA. Reverse Mortgage Loan Advisors is simply a website designed to offer information about the FHA insured reverse mortgage program. However, the owner of the site is licensed as a reverse mortgage specialist in several states. Anyone that inquires and requests more information may be contacted by the owner of this site. If the owner of this site is not licensed to conduct business in the state you reside, one of our affiliates will contact you instead.
00:00 Introduction
00:22 Time in Business talk
00:42 More TIB talk and credit talk
00:52 Down payment range 15-40%
01:08 We can finance ANYBODY with 40%
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