In times past, people would visit their local Bank Manager in order to apply for Equipment Finance relating to the purchase of Trucks or Heavy Equipment. This would mean that the applicant would need to take time out of their busy schedule to meet with a Bank Manager in order to discuss their funding proposal.…
The following article will show the main factors that could jeopardise an applicant’s ability to obtain Equipment Finance for Trucks and Heavy Equipment. Applying for finance with various financiers at the same time If someone looking for finance has many applications out at any one time, their credit file shows a credit enquiry with each…
As seen in previous articles on our site, there are many different factors that impact on truck finance and heavy equipment finance. The world of low doc lending even further complicates this process. Below is list of different low doc funding options available to customers of Heavy Vehicle Finance. Option One – Replacement Finance This…
When Truck Dealers or Heavy Machinery Dealers advertises 0% finance or some other unrealistic rate such as 2.99%, buyers should instantly start to ask questions as to how they can do this. Would it not make sense from a Commercial Investment point of view, for a business to investment money in other ventures that will…