Sleeper Cab Financing
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  1. #1
    Senior Member Reputation points: 752
    Join Date
    Apr 2014
    Location
    Chicago, IL
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    185

    Sleeper Cab Financing

    Besides the usual suspects (Northstar, Dakota, Simmons, etc), is there anyone out there that does these for truckers that are not current owner operators?

    I have a 770 score borrower who is a homeowner has a CDL for 2 years looking to buy a 2013 Freightliner.
    The best offer I received so far is for a 25% down payment (not including the sales tax) and with an additional $2200 due at signing on a $46K purchase.

    Seriously?!?

  2. #2
    Member Reputation points: 28
    Join Date
    Nov 2015
    Location
    Long Beach, CA
    Posts
    54

    20% Down 20% rate with Amur Financing or Pawnee start up but he would need comps equal to whatever he wants to buy. Pawnee buy rate for startups 38%

  3. #3
    Senior Member Reputation points: 752
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    Chicago, IL
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    They require 3 years of CDL do they not?

  4. #4
    Member Reputation points: 28
    Join Date
    Nov 2015
    Location
    Long Beach, CA
    Posts
    54

    No Amur doesn't require CDL over 3yrs

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