Hard Money Truck Loans

Recent Loans

See the trucks, down payments, and credit situations behind these transactions.

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A Closer Look At Each Deal

568 Credit Score

Couple holding paperwork in front of a white 2020 Wabash 53 foot dry van trailer

2020 Wabash Dry Van Trailer

Purchase Price

$23,000

Down Payment

$6,900 (30%)

Credit Situation

2 collections totaling $3,450.

Lost income when freight rates dropped, causing him to fall behind on credit cards and household expenses.

542 Credit Score

Driver holding keys and paperwork next to a white 2024 Freightliner Cascadia sleeper truck

2024 Freightliner Cascadia Sleeper Truck

Purchase Price

$87,000

Down Payment

$26,100 (30%)

Credit Situation

3 collections totaling $8,750.

Lost a major freight contract, causing him to fall behind on credit cards and personal loans.

521 Credit Score

Buyer raising truck keys beside a smiling partner in front of a 2022 International LT sleeper truck

2022 International LT Sleeper Truck

Purchase Price

$46,000

Down Payment

$13,800 (30%)

Credit Situation

4 collections totaling $12,600.

A major truck breakdown left him without income for several months, causing missed payments on personal loans and credit cards.

509 Credit Score

Owner holding keys in front of a blue 2021 Peterbilt 567 truck

2021 Peterbilt 567 Roll-Off Truck

Purchase Price

$139,000

Down Payment

$41,700 (30%)

Credit Situation

3 collections totaling $16,850.

Several commercial customers delayed payments, creating cash flow problems that caused him to fall behind on personal credit obligations.

503 Credit Score

Dealer shaking hands with a buyer holding keys in front of a white 2022 Freightliner M2 box truck

2022 Freightliner M2 Box Truck

Purchase Price

$52,000

Down Payment

$15,600 (30%)

Credit Situation

4 collections totaling $9,300.

Lost several delivery routes, forcing him to rely on credit cards for living expenses and eventually miss payments.

491 Credit Score

Owner standing in front of a white 2015 Freightliner M2 flatbed truck

2015 Freightliner M2 Flatbed Truck

Purchase Price

$47,000

Down Payment

$14,100 (30%)

Credit Situation

5 collections totaling $21,450.

Lost his job and exhausted his savings during several months of unemployment, causing multiple accounts to go into collections.

These are real loans funded for our customers. All applications are subject to review and approval.

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