Financing needed for bucket truck

[ams]

I am ready to buy my second bucket truck and need financing resources, who did you use? Last time I paid in full right out on my truck, but now I need to finance and can't go through a regular bank. Are there any companies that are niche for the sign industry?

 

[Texas_Signmaker]

Why cant you go through a regular bank? How much are you trying to spend? 10k or 200k? What's your credit score?

If your credit isnt good and your financial situation is rough, get a cheap truck or rent buckets until you can afford one.

 

[Jburns]

Local credit union

 

[Stallion Signs]

Asher from Beacon Funding is always calling me, maybe give them a try?

 

[rydods]

Ally Bank is good we've used them for several vehicle loans. Also, like Jburns mentioned, local Credit union.

 

[GWFI]

Try ClickLease 385-295-8577. They are lenders for the print industry

 

[eahicks]

Geneva Capital is also big in the sign world. www.gogc.com

 

[Johnny Best]

You don't own a house where you could get a home equity? Mom and Dad.

 

[White Haus]

Ask Gino, I'm sure he'll lend ya a couple bucks..................................................

 

[Johnny Best]

I think Gino is ams's Dad.

 

[Baz]

Try whoever finances farming equipment

 

[2B]

Look at getting an SBA loan

 

[Megagrafix]

I am ready to buy my second bucket truck and need financing resources, who did you use? Last time I paid in full right out on my truck, but now I need to finance and can't go through a regular bank. Are there any companies that are niche for the sign industry?

CIT Direct Capital.

 

[LED Signs & Designs Texas]

The bank or credit union is the old way of doing business for something like this. There are 100’s of lease/loan companies that will use your last three months bank statements (1st page) only. Three pages of your statements and an application form. They look at your cash flow.
Geneva Capital is one of the sorts. Send them everything they need the first time and you will have an answer in a very short time. Good luck.
Let us know what you decide to do and how it turns out.

 

[ams]

Local credit union

They only go up to 25k, it's not enough

 

[ams]

I think Gino is ams's Dad.

What an insult so early in the morning

 

[LED Signs & Designs Texas]

Who will only go up to 25k? Because you don’t qualify for more or that’s all the company will lease out? I leased $85k with Geneva several years ago.

 

[LED Signs & Designs Texas]

What an insult so early in the morning

Ouch!

 

[Texas_Signmaker]

What an insult so early in the morning

Its noon

 

[Zendavor Signs]

I've never understood why people use financing companies. Is it just easier to do? My local bank has always been easy to work with, and they offer much better rates. It also feeds your local economy and has brought me a decent amount of business in return. OP, maybe try another bank? If a bank doesn't understand the sign business, they may be reluctant to loan money.