I've been searching the internet, but can't seem to find the answer to this question.
I'm interested in financing a used compact track loader for about $25000. Probably want to put as little down as possible so that I can use my cash to pay for an older single axle dump truck and a trailer.
My question is... Will a dealer be able to finance me based on my personal credit, (like I was buying a $25000 car)? or do i need a business with a couple of years of history.
I'm sure with my credit score, and income to debt ratio I could get a car loan for that amount, is a small $ equipment loan any different?
Bobcat dealer isn't open when I'm normally free, and I'd rather not walk in there just to find this out.
Thanks.
I'm interested in financing a used compact track loader for about $25000. Probably want to put as little down as possible so that I can use my cash to pay for an older single axle dump truck and a trailer.
My question is... Will a dealer be able to finance me based on my personal credit, (like I was buying a $25000 car)? or do i need a business with a couple of years of history.
I'm sure with my credit score, and income to debt ratio I could get a car loan for that amount, is a small $ equipment loan any different?
Bobcat dealer isn't open when I'm normally free, and I'd rather not walk in there just to find this out.
Thanks.
Financing a skid steer/ ctl
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