Results 1 to 8 of 8
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09-22-2015, 02:03 PM #1
- Join Date
- Aug 2015
- Location
- GA
- Posts
- 8
Bad credit equipment loans
Can anyone do anything for scores under 600 on equipment loans? I have some owners looking to buy equipment or semi trucks but low scores. Some high income but scores are really bad. No forms of collateral and not wanting working capital.
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09-22-2015, 02:37 PM #2
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
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09-22-2015, 03:01 PM #3
- Join Date
- Sep 2015
- Posts
- 20
I can help. Email me for details.
Sbatchelor@umsfunds.com
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09-22-2015, 03:07 PM #4
- Join Date
- Aug 2015
- Location
- GA
- Posts
- 8
For downpayment most can do up to 10% or more if needed.
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09-22-2015, 04:50 PM #5
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Bad credit equipment loans
You only have two assets. Your time and knowlege.
You are waisting your tome on a truck finance deal that could only be done with 50% or the equivilent equipment down.
Perhaps UMS can offer 18-24 months for your client.
Bob
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09-22-2015, 05:35 PM #6
- Join Date
- Sep 2015
- Location
- Long Beach, CA
- Posts
- 2
I have seen transactions get funded with FICO scores as low as 520. Sometimes it is more about time in business and overall financial situation than the credit score. We have a specific program for subpar credit. Feel free to shoot me an email for more info : Joeh@firstfinancialweb.com
Joe,Joe Hanine | VP Business Development
First Crest Capital
444 West Ocean Blvd, STE# 800,
Long Beach CA, 90802
info@firstcrestcapital.com
Tel:323.205.5326
www.firstcrestcapital.com
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09-22-2015, 09:00 PM #7
Bad credit equipment loans
Iso@everlastingcapital.com 888 777 8144
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09-23-2015, 03:03 PM #8
- Join Date
- Sep 2015
- Posts
- 6
we dont care about credit ..... its all about cash flow . throw em my way 347-897-0298 The LCFGroup
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