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3 Ways to Finance an Excavator with Bad Credit | Heavy Equipment Financing Poor Credit
3 Ways to Finance an Excavator with Bad Credit | 3 Ways to Buy an Excavator with Poor Credit
🔥🔥🔥For more info about semi truck loans, big rig financing, and more, connect at:
Email -- Info@TheBroker.Finance or (714) 271-8524 (call or text)
In this video I talk about 3 Ways to Finance an Excavator with really Bad Credit.
You may have some equipment already, maybe you don't. Your credit is a little bit tarnished. I can pretty much finance anybody, no matter how bad their credit is with one of two things.
1. If you have 40% to put down (sometimes less depending on how tarnished your credit is), then we can pretty much finance anybody. It doesn't matter if you have bk's that are a day old, tax liens, brand new in business, 400 credit score, etc. 40% down will get you that excavator.
2. If you don't have a 25-40% down payment (which alot of people don't), you can potentially use secondary collateral. The secondary collateral could be another piece of heavy equipment that you have that's free and clear. It could potentially be real estate you have that has enough equity to do so. Of course you want to exercise caution doing that (especially if it's your primary residence, because you've got to have a place to live and you need to make sure you can make those payments).
3. Thirdly (and we have a lot of different lenders that we work with and they all have a different appetite), but another one will finance your excavator with 35% down.
And then, of course if you're credit is decent, etc., we have plenty of options with a much lower down payment.
If your credit is tarnished like the title of the video suggests, then you can expect to put down 25-40%. But again, 40% down will allow us to get anyone financed.
If you're looking to get an excavator, I have tons of lenders to work with, my contact info is below.
🔥🔥🔥Email -- Info@TheBroker.Finance or (714) 271-8524 call or text
TheShawnShow50, www.ReverseMortgageLoanAdvisors.com, TheBroker, and Reversed TV Is not a lender, bank, or mortgage broker, nor is it affiliated with HUD or FHA. Reverse Mortgage Loan Advisors is simply a website designed to offer information about the FHA insured reverse mortgage program. However, the owner of the site is licensed as a reverse mortgage specialist in several states. Anyone that inquires and requests more information may be contacted by the owner of this site. If the owner of this site is not licensed to conduct business in the state you reside, one of our affiliates will contact you instead.
00:00 Introduction
00:22 1st Way to Finance Exc. With Bad Credit
00:51 2nd Way to Finance Exc. With Bad Credit
01:19 3rd Way to Finance Exc. With Bad Credit
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