Item Being Purchased: 2000 Kenworth W900
Cost: $49,900
Down Payment: $12,000
Additional Collateral: 2004 Peterbilt 379
This is an example of a typical deal. This customer’s business was expanding and he had a driver for the Pete. He drove the Kenworth and increased his business by one truck.
Item Being Purchased: 1999 Kenworth Tri Axle Dump truck
Cost: $45,000
Down Payment: $7,000
Additional Collateral: 2004 Mack Vision
This customer had a great contract to haul gravel for $80 an hour. Working locally at home every night he wanted to make this work. He had a free and clear dump truck already and we were able to put the deal together for him.
Item Being Purchased: 2003 Peterbilt 379
Cost: $48,000
Down Payment: $24,000
Additional Collateral: None
With half down we don’t need additional collateral. We received this deal on a Monday and funded it on Thursday.
Item Being Purchased: 2009 Freightliner Classic
Cost: $32,000
Down Payment: $6,000
Additional Collateral: 2009 Freightliner Classic
This customer was running one truck, his 2009 Classic, when he got an opportunity to expand. He purchased another 2009 Classic using his current one for the additional collateral.
Item Being Purchased: 2015 Freightliner Cascadia
Cost: $32,000
Down Payment: $12,000
Additional Collateral: 2014 Freightliner Cascadia
This customer was adding to his growing car carrier business. We did the deal in about a week and the customer is already making plans to pay it off early.
If you want to run a transaction by us or you have questions please give us a call.