Truck Repair Financing

Semi-Truck Repair Financing

Approvals Based On Truck Value, NOT Your Credit Score

We keep you rolling by offering a semi-truck repair loan financing program! Time is of the essence and getting your big Rig repaired and back on the road in a hurry is vital to your daily life. There's nothing more devastating than having to face an accident and the hassles that come with the cost of a semi-truck repair loan.

We recognize that your income is affected, and a fast financing solution for your truck repair is crucial. The Truck Repair Finance program is not just fast and effective, but the most important thing is that our approvals are based on the worth you can get from your Big Rig, not Your FICO Score. Even if you have credit that is damaged greatly, Commercial Lending can still provide you with the money you require for an unexpected commercial repair or engine overhaul. Our semi-truck repair loans for people with bad credit can get you back to work in a matter of approval on the same day.

Our semi-truck repair financing program is simple, with approvals typically issued within hours. We will use the title of your truck as collateral to secure your repair loan truck, meaning you must have a "free & clear" title to your vehicle. In certain cases, we might be able to settle a small amount you owe your current lender, so contact us at 203-405-2286 for more information about this possibility.

Our Semi-Truck Refurbishment Financing Program has many other benefits, such as no upfront charges and consideration of older trucks. There is no requirement for an inspection to get you off the highway quickly. Furthermore, owner-operators "do it yourself" repairs are usually accepted. Please take a moment to read our Frequently Asked Questions below to discover how the Semi Truck Repair loan program can help you, and speed up the process of getting your vehicle back to normal.

Commercial Truck Repair Financing Made Easy

• Same Day Approvals
• Truck Value Outweighs Credit Scoring
• Monthly Payments, not Daily or Weekly
• Up To 36 Month Payment Term
• Early Payoff Option Available
• Repair Shop Can Be Paid Directly
• Dollar Limit Based On Truck Equity

FREQUENTLY ASKED QUESTIONS

Q. What is the minimum loan amount to be borrowed from your program for Truck Repair Financing?

A. Yes. The minimum amount we require will be five million dollars. If the repair you need is less than $5000, we'll pay the shop that repairs it directly and pay you the difference to cover the minimum requirement. You may use the extra cash in the future for repairs to pay for bills that accumulated during the time the truck was in use, or for other purposes.

Q. Do you require a "free & clear" truck title for your financing for the repair of your truck?

A. Yes. Because the truck is our collateral for funding We require a clear title. In certain cases, we can repay the current lender and pay for repairs. It cannot be very easy, so I suggest you call us to discuss the particulars.

Q. Are you able to set an age restriction in your repair financing program?

A. The older Peterbilt and Kenworth appear to keep their value, and older trucks generally can be accepted. Be aware that we're using the truck's value (not scores on credit); therefore, age can affect the truck's value. In principle, there is no age limit, but the more seasoned trucks, the lower the amount we will likely lend.

Q. Do you need upfront fees like a documentation fee or an inspection fee?

A. Our most sought-after truck Repair Financing Program does not charge upfront fees. There isn't a fee for inspections or documentation fees; the best part is that there is no advance payment required. The first installment isn't due for 30 days following the date we have paid for the repair.

Q. Can I choose the repair facility of my choice for repairs, or must I visit a certified repair shop for trucks that you prefer?

A. Yes, you can choose the repair center of your choice. Repairs can be completed where you feel most at ease and think you'll obtain the best price.

Q. Do you know if I'm a trucker and have years of experience as a diesel mechanic? Do I need to buy components from my stash and complete the repair by myself?

A. Yes, we regularly certified mechanics and truckers who want to fix their vehicles.

Q. What is your standard term for repayment? Can I choose a day or weekly repayment term?

A. Our repayment terms are typical 24to to 36 months. We offer monthly billing but don't offer the option of daily or weekly terms for repayment.

Thanks for taking the time to inquire about Our Truck Repair Financing Program. Owner-operators might also be interested in our other programs designed exclusively for truckers. You are welcome to look into the following programs:

Semi-Truck Financing: We offer an innovative program for financing older semi-trucks that require collateral or a larger down payment.

Semi-Truck Refinancing Semi-Truck Refinancing: for those who wish to reduce their monthly payments We offer a loan for truckers who have higher credit scores, with at minimum 2 years in business, and a track record of paying on time.

Semi-Truck Title Loans: unlock the equity you have in your "clear title" title. Certain age limitations may be in place. Make sure you fill out this "Get Started" form on our page on Sale-Leaseback Financing.

Poor Credit Financing: We have several programs that can help you overcome difficult credit issues, such as additional collateral and cash flow, real estate, and higher down payments.