#6. Financing Your Truck and Trailer
Haulin Assets - A podcast by Motor Carrier HQ - Wednesdays
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In this episode we talk about the different types of lenders and some of the things they look for. We also give you some tips to help give you the greatest chance of success. It all really boils down to finding the right lender who best matches up with your particular situation. You may be a square peg, and some lenders might be a round hole. You won’t get anywhere trying to get your square peg into their round hole. Look for that lender that loves square pegs, and you will have found your match. Once you have found your lender, be prepared for the following: You will have to fill out an application with each lender you get serious with. You will probably have to put down a 10-20% down payment. You are going to have to provide the lender a bunch of info. (See the list below.) After you think you have given them everything but the kitchen sink, they are going to come back and ask for the kitchen sink. Then, they might even come back again and ask for the bathroom sink. Good luck!! If you have any questions about the process or if you have found a trick we didn’t talk about, let us know in the comments under the full show notes, at http://haulinassetsllc.com/.