Equipment Lender for startup
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  1. #1
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    Equipment Lender for startup

    I have a client ready to purchase 2018 Peterbilt dump truck, price of $72,000. The client can put down 40%. This is a startup, however, the client has four contracts with vendors for local hauling that will generate $15,000 - $20,000 a month in income. The client does not yet have a CDL but has a driver on staff to do the driving. FICO is approximately 620. This is a private sale.

    Tom Harrier
    Integrity Commercial Loans, LLC
    407-928-8542
    [email protected]
    Last edited by MissouriBroker1; 08-18-2025 at 07:20 PM.

  2. #2
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    Quote Originally Posted by MissouriBroker1 View Post
    I have a client ready to purchase 2018 Peterbilt dump truck, price of $72,000. The client can put down 40%. This is a startup, however, the client has four contracts with vendors for local hauling that will generate $15,000 - $20,000 a month in income. The client does not yet have a CDL but has a driver on staff to do the driving. This is a private sale.

    Tom Harrier
    Integrity Commercial Loans, LLC
    407-928-8542
    [email protected]
    With 40% down and a truck within 10 years I'd think you'd be able to get that done. I want to say Maxim would do that, I'm just unsure about the private party transaction piece.

  3. #3
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    Maxim won' t do the private party sale and Dakota wouldn't do it because of no CDL.

  4. #4
    Maybe Lendspark - They do private sale just not sure about that CDL situation

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