Get approved for a loan with great rates!
Truck & Trailer pricing has gone up steadily with demand and it’s the highest for trailers within the trucking industry, we at Cash Is King (CIK) have developed a quick and easy process for getting you approved for your truck & trailer loan needs.
We can help you getting pre-approved for your truck(s) & trailer(s) loan in 3 easy steps:
- Fill out and send in the credit package to our office
- Select the equipment you require from the supplier of your choice
- Sign the lease agreement and get your truck(s) & trailer(s)
You may be looking for highway trucks, day cabs, dump trucks, straight trucks, dry vans, reefer trailers, flat bed trailers, live bottom trailers, end dump trailers or any other multipurpose trailer, let the team at Cash Is King (CIK) can get you approved for your trailer(s) loan. We are able to customize your trailer(s) loan to suit your specific financial requirements.
Understanding Truck Financing: Truck Loans for Bad Credit
A Truck loan, especially one if you have bad credit, can be very confusing. We want to make understanding Truck loans as easy as possible.
Payments on Vehicle Loan for Bad Credit or Good Credit are calculated using three main things:
- Principal: Is the total cost of the vehicle including any fees the lender or dealership may have for the Truck Loan.
- Term: This is the length of time that payments are made for. Typical terms run between 24 Months (2 years) and 72 Months (6 years) although you can get Truck loans for bad credit with shorter or longer terms.
- Interest Rate: This is the Percentage (%) that the lender is charging for you to borrow the money. Interest rates can vary depending on whether the vehicle is new or used and the perceived risk the lender sees in lending the money.
When you get a Truck loan you are typically making payments back to a lender rather than the dealership itself.
At CIK Capital, we don’t see our customers as “deals,” we see them as our partners. We serve our customers’ needs by delivering them personal, customized, and efficient lease financing and financing solutions.