By: PACCAR Financial
It may seem like the only companies that can get credit to buy new or used trucks are those that don’t need it, particularly in a recovering economy.
However, by taking proactive steps, such as gathering financial statements, dusting off the company business plan or completing one, and improving or maintaining your company’s safety fitness ratings, there’s little reason why companies shouldn’t be able to get a loan, said Karen Pembroke, director of credit for PACCAR Financial. Particularly if they work through a lender that understands trucks, fleets and the trucking industry.
“It’s a good idea to share your company’s story with your truck dealer so that the dealer can share your goals and needs...