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11-13-2014, 05:01 PM #1
- Join Date
- Oct 2014
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- 4
Garbage Trucks
I have a client that is looking to buy 3 garbage trucks for roughly 35K.
Excellent credit (720+) can't show income on tax returns or bank statements. 2+ years in the disposal business.
Trucks are worth 100K. It is a distressed sale. Is there some type of financing out that will use the trucks as collateral?
I sent to Finance Store for their unsecured revolving program and they declined because while the credit was excellent, it was "thin"
Any ideas?