Locating heavy construction equipment and trucks for auction, such as hydraulic backhoes, crawler tractors, motor scrapers, diamond grinders, compaction equipment, aggregate equipment, off highway semi truck, etc for sale can be an possession and lending opportunity. Present-Day day's market is all over the place and conventional construction truck and equipment financing and leasing has dried up at countless institutions and/or banking banks.
Construction truck and equipment owners can seek special possession deals in the secondary markets where there are repos and off lease trucks and equipment to be secured for purchase.
These purchase deals are spread out from California to the East Coast and enables start up and weathered owner operators an exceptional opportunity to obtain heavy construction trucks, trailers and associated construction equipment for an extraordinary price Several dealerships are tied to neighboring or regional banks for built in financing on these trucks. The clearance of these heavy duty construction trucks and associated construction equipment are paramount for these dealerships and financial institutions to continue operations.
Selected institutions offering repos and off lease heavy duty trucks with a minimum credit score of 550. This gives the startup and/or experienced business an chance to begin and/or expand their business with bad credit. This chance would have never existed in the previous.
If you have high-quality credit, there are application only programs obtainable up to ,000 and complete documentation up to 0,000 or more. Beneath are the qualications for the good quality credit applicant.
General Credit and Additional Paperwork Requirementsfor heavy construction truck and equipment lending
Time in Business more than Two Years
Personal Credit Score 650 or higher
Copy of your 2008 business tax return
Copy of the owners 2008 personal tax return
Summary page of your last three months business bank statements
A hauling reference
A copy of an invoice detailing seller information and complete specs on the heavy construction truck and equipment
In this financial system, banks are seeking a healthy balance sheet with a decent average balance in the financial institution account
In addition, if you are a currency consumer., there is sizeable chance to buy a heavy construction truck, trailer and/or construction equipment at a substantial discount.
The types of heavy trucks and construction equipment we are offering are built by:
Peterbilt, Kenworth, Freightliner, Mack, International, Volvo. Sterling, Ford, GMC, John Deere, Caterpillar, Case, Olin, Reed, Komatsu, Kobelco etc
In ending, this is a buyers marketplace for heavy construction trucks and equipment. Whether you have good quality credit, bad credit or a lot currency available, there is something for everyone. Check out the detail lists of heavy construction equipment and trucks for sale and if you don't spot what you require contact us for your desired equipment.
Happy hunting for your purchase of a related heavy duty truck, commercial trailer and/or construction equipment