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Financing For Semi Trucks, Over The Road Trucks, Big Rig Truck, Minimum Credit Score 525
Today's economy is all over the place and conventional semi truck financing has dried up at many banks and/or lending institutions. This obviously gives the over the road truck owner operator an unique opportunity to acquire semi truck financing. Either way, the lender has taken these trucks and/or equipment back and now must recondition the items and either sell these items or re-lease them.

In conclusion, this is a buyers market for owner operator trucks, and trailers, . A repo has arisen due to a default of the lessee for non payment terms or a violation of the terms of the lease. In addition, if you are a cash buyer, there is large opportunity to acquire a semi truck at a substantial discount....

Peterbilt, Kenworth, Freightliner, Mack, International, Volvo

Happy hunting for your acquisition and related semi truck, over the road truck, and big rig fiancing. Other lenders offer no credit check but are reference and income driven to make sure they have qualified a good candidate to take over one of their over the road trucks. These in-house inventories are non income producing, therefore putting pressure on the lender to make a deal with the consumer. The semi truck financing in this paragraph doesn't stop here, others lenders with good credit and time in business offer no down payments and up to 60 months to repay. Semi Truck owner operators can seek and find special financing in the secondary markets where there are repos and off lease trucks to be secured for acquisition.

Due to a contracting economy, many lenders have excess inventories on their books that they need to put back on the street.

J.M Luna has over thirty years in the financial world. This includes accounting and taxes, leasing, hard asset money and commercial financing. U.S Corporate Capital Leasing Group assists the start up as well as the seasoned business for financing in all different industries. This gives the startup and/or seasoned business an opportunity to start and/or expand their fleet with bad credit. This opportunity would have never existed in the past. Check out all the deals in the market and make sure that you have a stable income base to assume whatever debt that you may occur.

Some lenders offering repos and off semi trucks in the repo market offer these trucks with a minimum credit score of 525. www.cclgequipmentleasing.com/trader.htm www.cclgequipmentleasing.com/DealerFinancing.htm

Locating financing for Semi Trucks, over the road trucks, and big rig trucks can http://irateaggressor856.pen.io

By: J.M Luna

An off lease commercial vehicle and/or construction equipment has been returned to the lender as the lease has expired. The lessee has made a decision to return the item in lieu of excercising the buyout option. Other over the road truck financing programs start at 575 and the down payments can be anywhere from 6-10% down based upon the applicant and the specific semi truck





 
 
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