[Iscibibi153]

If yes, let me know please....no brokers. direct only.

Trucking, has 2 trucks, wants 2 more to buy

[getitfunded]

Good luck going direct if you don't already finance equipment and have relationships (based on leasing experience) in the industry, if your new to leasing you may need to find a broker to work with.

But in a nut shell the answer is probably no. If he's buying two trucks for $50K then they are clearly used which means they will most likely need work or will break and with revenues that slim he doesn't have enough capital to cover the costs of repair should the truck breakdown.

Also, it doesn't sound like he would even have enough funds to cover the down payment.

[NationalCorporateData]

Credit will be an important factor on this file. If they have strong TIB and creditworthiness, you may be able to get away with app-only approval through Blue Bridge, Targeted, etc.

Depending on how it qualifies, downpayment shouldn't be much more than first and last month. Lower tier may require a % down.