Kenworth T608 2008 Prime Mover

Weakness's;
- 12 Year Old Truck
- Non Property Owner
Strength's;
- ABN over 2 years old GST registered
- On going work
- Good Cashflow
- Proven repayment history with current lender
Funding Solution;
- 20% Deposit Rent to Own
- 5 Year Term
- Low Doc. We used 3 months bank statements as proof of income.
The Non-bank funders that we use, consider the Strength's and Weakness's of each deal and if the clients plans make sense overall , they will approve the deal.
Engaging The Finance Group Parramatta as your preferred Truck Finance Broker, we will present your situation and clearly explain any mitigating circumstances to justify negative aspects about your financial situation and emphasize the positive points about your situation and how you plan to ensure you new business or business growth will be a success.
We have over 20 Lenders on our lending Panel and many of the non-bank lender's give people a second chance.
Detailed Background on the deal;
Richard came to us looking for his 4th Truck finance of $95K for a 2008, ABN holder with good bank statements, non property owner, due to good credit history and income he was Approved for $76,000 with a deposit of $19,000 not 100% Approved but due to this being his 4th purchase in less than 18 months lender felt they needed a deposit to help reduce the risk, due to customer being non property backed
No matter if you have a good or bad history, we are here to provide assistance as your reliable Truck Finance Broker, please call one of our Team on 1800885626 or 180088LOAN 7 Days per week and we will aim to take your call 24 hours per day. Australia wide.
Alternatively, you can complete the form below and tell us more about your goals and requirements.
~ Some very large transport companies won't provide contracts or work letters until the Driver has the truck available for work. Having a wide selection of lenders enables us to use the right lender, based on each clients circumstances and who they are getting work from.
New ABN OK
Old Equipment OK
Private Sale OK
Defaults, Credit impairment OK
No Deposit OK
Traditional, Non Bank and Private Lenders
Affordable Rent to Own Options also available
Fast Approval & Settlement
24/7 Nationwide Service
NO Doc available = Simple Cashflow Forecast
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