About Deferred Payment Program, Commercial Trucks and Equipment
As buyers have been disillusioned with higher gas prices, food cost worries and personal housing problems, some of the lenders with these excess inventories have also come up deferred payment programs, As an additional dealer/lender incentive, a down payment is required from the customer but the second payment may be deferred up to 75 days, for a selected inventory group, Check an example below:
Your have access to this great opportunity from a Dealer/Lender on their off lease and repos. Lessees can maximize their earning potential by deferring your first payment after funding for no less than 60 days. Gives the customers an opportunity for even more earning potential in the first months of their lease!
Here’s how it works:
- Lessees choose an asset from the list that is available from the dealer. - Complete all normal documentation for funding and submit it to the lender.
Take advantage of these specials today!
As you see from this example, these concessions could sway the buyer for making a consideration for this program. No payments up to 75 days can be a stimulus to a sagging sales force. Additionally, other lenders are giving away gas cards as well to entice the deals. First Payment Only programs, no payments for 75 days, 60 months to repay regardless of age, favorable buy out clauses, easier credit qualifications, prior bankruptcies waived, additional co-signors ok, and start up businesses welcome are just some of the changes the dealers must consider to get the buyers’ interest.
The type of items we are going to identify as potential deals for the customer are the following:
Dump trucks, flatbed trucks, grapple trucks and landscape trucks, fuel and lube trucks, bucket and boom trucks, over the road and day cabs, water trucks, tow trucks, box vans and straight trucks, dry van and reefer trailers, end and bottom dump trailers, flatbed trailers, backhoes, bulldozers, crawler tractors, forestry equipment, excavators, forklifts, and other type loaders.
In conclusion, this is a buyers market for commercial trucks, trailers, and construction equipment. 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.
