Have you been turned down in the past for commercial truck financing?
Do you desperately need a new dump truck in order to move your business forward?
Then we are the logical choice because unlike other financing companies, we are looking for every way to approve you instead of all the ways to reject your loan application.
The difference between our transportation business financing options and other financing options is that we have designed our application for merchants that need business approval. Our two-step application does not ask for a bunch of intricate details, instead, we only require a few basics in order to get you approved and on your way towards higher business profits.
How to Get Commercial Truck Financing for Bad Credit Score ?
All those who have a low credit score are not being approved by the mainstream finance companies. Well, there are few tips that can better your chances of getting approved for the commercial truck finance. Let’s have a close look at few of them.
Current or future contracts. You should inform the finance company of all contracts that support the fact that you will keep your truck working. It’s better to forward them a copy of your contract as they will have a much better understanding of your financial health. Financing companies advance finance to the people that have sufficient cash flow to service their debt.
Past references. Have you financed any commercial vehicle before? Your potential commercial truck financing company would want to know more about it. Forward letters from your past creditors that show your good credit history and can establish you as a good credit risk. You can call your previous financer a week or two before applying elsewhere to allow them sufficient time to send you something useful.
Seek out a recourse dealer. This may require some homework. In order to find a dealer who’s on recourse you should ask the salesman. A dealer on recourse will easily sign off on a finance application when their sales are down.
Explain your past credit issues. Do you have repo, bankruptcy, etc. You should write a detailed explanation on why it occurred and also attach supporting documentation. This way, you can put your blemish in its best light and company offering commercial truck financing may approve you for the loan.
Offer something worthwhile. If you know all about your bad credit you should offer something to the commercial truck finance company to compensate it. You can offer additional collateral as this can help you get around repossessions, bankruptcies and other credit issues.
As you can see, there are many ways to boost your chances of getting finance if you go prepared. Be forthright and honest upfront, as this will put you in the best light and you will be approved for the finance by the lender.
Other Transportation Businesses Financing Options:
Food Truck Financing
While owning their own food truck is a dream for many people, few make it a reality. Even if you have the culinary talent and marketing point of view to become a smashing success, you won’t get very far on your road to culinary greatness without the cash to make it happen. At WG Prime we offer food truck financing to help these people achieve their dreams.
Even if your credit score is less than ideal, WG Prime can help you get the food truck financing you need. Our sound financial backing and individualized approval process allows us to approve the vast majority of our applicants.
We know that your credit score does not tell the whole story, and we want to give talented people a chance to get on their feet.
Farm Tractor Financing
The difference in working with WG Prime for tractor trailer financing or farm tractor financing is the fact that we do not look at ways to turn down your business plan or financing proposal. In fact, we do not even require you to have a business plan in order to apply for a loan. Instead, we only ask you fill out a short application designed to help you get financing right away. Our goal is to be a lender that actually lends, and to this end have plenty of great options available to those that need a tractor financing.
At WG Prime the approval process is not long and drawn out. Instead of leaving a customer biting their nails wondering if they will be approved for tractor trailer financing we promise an answer within 48 hours. Therefore, if you already have your eye on a piece of equipment you can start to make arrangements to purchase it because within just two days you will know if you have been approved for farm tractor financing.
Semi Truck Financing
Our company is a direct lender that will help you directly with your semi truck financing. We want you to feel confident when applying for a loan by providing knowledge in the trucking industry. The financing team specializes in lending to fleets and owner-operators. The types of semi trucks that you can receive assistance in obtaining are of the vast majority of rigs.
You are looking for semi truck financing and don’t know where to start, right? Well, you should know now. Complete an application with WG Prime only so you can see for yourself how easy the process is.
Tow Truck Financing
Owning and operating a tow truck company can be very challenging. There are many unforeseen circumstances that can occur that can cost your business a lot of money. Even if your business is doing well, and you are seeking to expand and add more trucks to your fleet, obtaining financing can be quite difficult. WG Prime provides tow truck financing with a quick, easy and friendly application process.
If you want to purchase new equipment like self-loaders, wreckers, rollbacks, and even heavy duty rotators, WG Prime is the place to turn to for your tow truck financing.
Apply today with WG Prime in order to secure your tow truck financing as soon as possible you can have your cash in your accounts in as little as two days.
Limousine Business Financing
Are you looking to start a Limousine Business? or do you need financing to expand your Limousine Business?
WG Prime can help with Limousine Business Financing needs.
If you have been looking for limousine business financing for bad credit, you have come to the right place. All you need to do is fill out our simple form to begin the approval process for our bad credit limousine service loan program.
We will quickly notify you of your approval and you can begin to put your focus back on running your business.
Why Choose Us?
We have been in business for many years and our sales and customer service staff are dedicated to helping you. Even in today’s economy we have been able to remain stable and even grow. Our staff is professional and will respond immediately to your transportation business financing needs.
We can offer personal care because most of our staff has worked in the industries who’s loans they are providing.
Easy Application and Quick Approval
We offer an easy application process & fast approval of your Commercial Transportation Financing cash advance.
You won’t have to fill out stacks of paperwork (only 1 page),
Business plan is not required,
No collateral necessary
Most applications are approved (over 75%)
Bad credit is not an issue
You can have your money in the bank within 48 hours, in most cases.
What We Offer
Our business is tailored to your commercial truck or other transportation business financing needs. As previously mentioned, all our business funding options are unsecured, cash advances or working capital. All our working capital options are great substitute to business equipment loans or lines of credit. Our repayment terms are flexible, with very competitive options.
How it Works?
You get the money you need for your business financing needs by selling us a small portion of your future sales. A percent of your credit card sales is automatically forwarded to us daily, and you don’t have to do anything, it’s all set up for you.
The best part is that you can qualify for financing from $3,000 to $1,000,000.
Our alternative loans or business cash advances are a great substitutes to traditional loans for transportation business. We approve more loans than most of our competitors, so give us a chance to meet your financial needs.