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  1. #1
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    any lenders refinance Truck loans?

    I have a merchant has 3 trucking loans he is looking to refinance. Each a for about $150,000. 750 credit. has 3 years left on each loan is looking to refi and get longer term in order to drop his payments a bit

  2. #2
    Hi,

    We would be interested in refinancing the current notes on the trucks. We would need to know the following:

    - Make, model, miles, original invoice etc per truck
    - Payoff per existing lender
    - Credit Package (Financials, tax returns, debt schedule, AR/AP aging report etc)
    - Current location of trucks, we would want our inspector/appraiser to take a look
    - What industry?

    We may be able to go out 48 to 72 months depending on the financials and condition of the collateral.

    Please feel free to reach out with any questions.

    Best,

    Cal
    Cal Falkenhayn | Senior Account Executive
    Equipment Leasing Group of America
    211 Waukegan Road, Suite 100 |Northfield, IL 60093
    O: 847-784-0011 | F: 847-784-0066 | M: 847-922-2729
    calfalkenhayn@elgallc.com | www.elgallc.com

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