For this transaction, we had a top tier customer buying a brand-new trailer. This customer was rapidly growing their business and unable to use their captive financing options at the dealership. We were able to get this approved with $0 down and turn the deal around in 16 hours from application to funding, with a competitive single digit interest rate.
EQUIPMENT:
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Equipment: 2023 Utility Dry Van Trailer
CUSTOMER DETAILS:
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Time In Business: 11 years
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Industry Experience: 11 years
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PG: 842 with no serious delinquency, homeowner
TERMS:
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Price: $52,064
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Down Payment: $0
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Term: 60 payments @ $1,053
TURN AROUND TIME:
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Application: 1/23/23
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Approval: 1/23/23
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Funding: 1/24/23