What are the procedures to secure a truck loan?

Author Topic: What are the procedures to secure a truck loan?  (Read 1577 times)

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What are the procedures to secure a truck loan?
« on: June 01, 2018, 06:33:53 AM »
Hi friends,

I'm running a construction company for the past three years. A variety of trucks and other vehicles are required to execute construction tasks productively and cost-effectively. The new projects involving earthwork operations frequently require such heavy-duty vehicles.

I'm planning to expand my business. As a part of that, I have decided to buy a new dump truck. I want to know regarding the formalities to secure a truck loan. I think credit unions and other financing companies could provide truck loans in Ohio with a lower interest rate. My credit score is extremely low. I don't think lenders would be interested in such riskier investments. Do you have any suggestions? Please let me know it as early as possible. I'm waiting for some helpful replies!


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