New Lower Rates Coming October 1st 

Financing a commercial truck is much more complicated than taking out a loan for a car or a new pick-up. Many buyers find themselves overwhelmed by the amount of work required to receive a loan for their new semi-truck, and often end up with a less than stellar financing offer as a result. To help prepare you for your upcoming loan application and ensure you get a great financing offer on your commercial truck, check out our helpful tips below. 
 

In order to apply for commercial truck financing, you’ll need to gather up a number of important documents. While guidelines may change from lender to lender, most institutions will require proof of insurance, a CDL license, proof of a registered business, and the VIN number of the semi-truck you plan to purchase. To help lower your interest rates and receive a better loan offer you can also bring in pay stubs as proof of revenue, proof of a good driving record, or a cosigner to vouch for you.
 

There are many different ways to apply for financing for a commercial truck. You can use a personal loan, a business loan, or even a business auto loan—whatever works best for your unique situation. There are also a wide variety of different lenders on the market—including your dealership, your bank, local credit unions, and even online lenders—willing to offer you financing for your new semi-truck. To ensure you’re receiving the best financing offer available to you, we strongly recommend doing your research beforehand on the different types of loans and the various lenders in your area. 

Feeling out of your depth when it comes to commercial truck financing? Our expert staff will be happy to explain the intricacies of commercial truck loans, answer any questions you may have, and assist you with the application process if you decide to take advantage of our convenient financing services here at K Neal Isuzu Trucks. If you’re located nearby in Washington, DC, or Richmond, VA, we encourage you to stop by our location here in Lorton, VA to handle all of your important commercial truck needs.