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Old 03-25-2005, 08:20 PM   #1
x86brandon
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self employed folk... car loan question

Ok, I know alot of you are self employed. So maybe you all can help with this. Do you know of any companies that will do a loan to a business for a truck? I want to pick up a F250 diesel and take advantage of the tax credit. My bank doesn't do commercial car loans.

It is a 3 year old company, so I shouldn't have to do a personal guarantee.
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Old 03-25-2005, 08:21 PM   #2
JFPdude
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Ford Motor Credit does business loans on business vehicles.
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Old 03-25-2005, 08:25 PM   #3
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You should be fine, but you will probably have to personally guarantee the vehicle.

DH
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Old 03-25-2005, 08:28 PM   #4
x86brandon
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Yeah, I am just trying to avoid dealing with a personal credit check... I had a few not so great months...
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Old 03-25-2005, 08:29 PM   #5
AlienQ - BANNED FOR LIFE
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Your in Detroit, WTF ya can't find a deal on a car?
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Old 03-25-2005, 08:31 PM   #6
hydro
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www.CarLoansforall.com

Please fill out the form so i can get $50 Thx.
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Old 03-25-2005, 08:33 PM   #7
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Talk to the dealership they will help you do the deal if at all possible
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Old 03-25-2005, 08:34 PM   #8
detoxed
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3 years in business doesnt mean anything. You have to have business credit. Search for Credit Forums.... There are good ones on business credit and how to build/get it.
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Old 03-25-2005, 09:38 PM   #9
x86brandon
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I have a pretty high D&B paydex.... I have an Amex corp gold card and Amex blue for business. A few good tradelines...
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Old 03-25-2005, 10:48 PM   #10
the Shemp
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Originally Posted by haxorboi
I have a pretty high D&B paydex.... I have an Amex corp gold card and Amex blue for business. A few good tradelines...
lots of dealers carry in house paper, do you have some cash up front??
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Old 03-26-2005, 08:58 AM   #11
x86brandon
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what do you mean by in house paper? I can do as much as 50% up front
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Old 03-26-2005, 09:01 AM   #12
detoxed
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Originally Posted by haxorboi
what do you mean by in house paper? I can do as much as 50% up front

it means the dealership itself will finance you but they'll want some downpayment for sure.
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