Semitrucks for sale. Not many company drivers or trucking school students know there are semi truck, big rig truck and over the road truck financing opportunities from commercial truck dealers that advertise in AccessTrucks which may be
available for start ups. These financing programs are available in the off lease and repo markets and offer the start up business an opportunity that wouldn't existed in a normal economy. ( CDL Required)
Lenders have waived traditional credit and time in business requirments and offer the start up an excellent buying and financing opportunity.
These lenders are working with selected dealers and want to move these trucks as quickly as possible. Some lenders are offering programs without credit checks or financing as low as a minimum personal credit score of 525. These semi trucks are available like any other leases with approximately 10-15% due upfront as a down payment.
In the reference driven program with no credit checks, the lender is more interested in the owner operator's references, personal and business, than his past credit. They want to see whom he is leased on with or how he will derive his future income with his new acquistion.
The types of semi trucks we are talking about in these programs are:
Freightliners, Internationals, Kenworths, Mack, Peterbilts and Volvos. The years manufactured are from 1999 to 2007
There is a good selection of makes and models and gives the owner operator a great buying opportunity.
The application process is quite simple for all financing and leasing programs and the paperwork requirement is limited versus conventional financing.
In conclusion, this is a buyer's market for semi trucks, big rig and over the road truck financing.
Happy hunting for your semi truck and its related financing