Question by Donald T: Where can I gat financing for a truck and trailor from a private individual?
I need financing to purchase a 2000 379 Pete and Doonan trailor. Tractor is fully contained. Trailor has 10 side boxes with all equipment. This truck and trailor are job specific, they are specialized and the job comes with it.
Answer by Rich R
Other than wealthy friends or co-signers., if your credit is bad, at least it should be good enough for a very high interest loan, especially if you have a written contract for a job that will last the duration of the loan.
Truck financing is only part, you road fees, diesel, insurance, maintance, etc costs a lot & if you happen to have a major problem before you get funds built up you are kinda up the creek.. 2000 trucks with trailer are not terribly expensive.
If you own property you can use that for collaterial. good luck.
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