For now, our bank has been pretty aggressive on trucking equipment that is 3yrs old or newer:
7%-11% APR for existing businesses
11%-13% for Startup Truckers
0%-5% down payment for existing businesses
5%-10% down for startups
Here are the rules:
-2017 or newer truck (as of 1/1/2020)
-min 650 Experian Score with little or no derogatories (this program is for clean credit)
-We will finance sales tax and FET
-Application + Sales Quote up to $400k (financials needed beyond $400k)
-1-2 business days to turn around an applicaiton
As always this is only one of our programs; we have others for folks outside these criteria.
Trust Alliance Capital has been serving commercial customers' financing needs for over 15 years. Currently holding an A+ rating with the Better Business Bureau. Our expertise in commercial equipment financing, SBA/USDA loans, and commercial real estate will help you move forward in your business.
Whether you have pristine financials and credit or have seen some challenges, Trust Alliance Capital can help you get there.
1.800.763.2810 ext 100
2225 W. Broadway St. Suite J
Idaho Falls, ID 83402