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Conventional Financing for Start Ups and Seasoned Businesses, Are There Alternatives

 
 
 
 
 
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Locating conventional start up and seasoned business financing and leasing for Work Trucks, such as semi trucks, dump trucks, construction trucks, boom trucks, car carriers, box trucks, concrete and cement trucks, day cabs, heavy duty trucks, logging trucks etc, can be a acquisition and financing, leasing nightmare. Today’s economy is all over the place and conventional work truck financing and leasing has dried up at many banks and/or lending institutions. Conventional Lending today is more difficult to qualify for and making potential customers to scramble for alternatives. The lending industry is in a major transition and more time is needed to see where all this will filter out…. It seems that A lenders are pushing customers down to B qualifications, B customers qualifying for C paper, C customers qualifying for D paper and so forth…

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05/16/2009

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