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Yesterday we picked up 3 new vehicles via Ford Credit - no PG
2016 F150 Platinum, $59k, 72 mos at 5.9%
2015 F150 XLT, $45k, 72 mos @ 4.9%
2016 Escape SE, $25k, 60 mos @ 0%
Through the dealer. I just left the guarantor/co-buyer section blank.
Any further info about how long your business has been established etc? I have an LLC that's 4 years old, we rent cars fairly often for our employees to go on the road with samples, so have been thinking about buying a basic Transit Connect. Would be a lot more interested if we could get it financed with no PG. We have a Cap One Spark and Amex SPG in the business EIN with no lates but not sure what our business credit score is like.
@CreditJim wrote:Any further info about how long your business has been established etc? I have an LLC that's 4 years old, we rent cars fairly often for our employees to go on the road with samples, so have been thinking about buying a basic Transit Connect. Would be a lot more interested if we could get it financed with no PG. We have a Cap One Spark and Amex SPG in the business EIN with no lates but not sure what our business credit score is like.
Sorry, that info would be pertinent.
Company Inc'd in 1976, purchased in June of this year. Co had a BK in 2009, exited in 2010. Both D&B and Experien reports are on the ugly side .
@Creditaddict wrote:
@sccredit wrote:Yesterday we picked up 3 new vehicles via Ford Credit - no PG
2016 F150 Platinum, $59k, 72 mos at 5.9%
@2015 F150 XLT, $45k, 72 mos @ 4.9%
@2016 Escape SE, $25k, 60 mos @ 0%
WOW! how long did it take to get the approvals from the business department?
Money down?
Approval took about an hour, I had emailed the app over to my fleet rep and an hour later she told me everything was approved. Money down was not required.
@sccredit wrote:
@Creditaddict wrote:
@sccredit wrote:Yesterday we picked up 3 new vehicles via Ford Credit - no PG
2016 F150 Platinum, $59k, 72 mos at 5.9%
@2015 F150 XLT, $45k, 72 mos @ 4.9%
@2016 Escape SE, $25k, 60 mos @ 0%
WOW! how long did it take to get the approvals from the business department?
Money down?
Approval took about an hour, I had emailed the app over to my fleet rep and an hour later she told me everything was approved. Money down was not required.
Very interesting. I wonder if our corp could get something similar. Who is the finance company that bought the loan on your 3 fleet vehicles?
@Creditaddict wrote:
Ford credit
duh! I just re-read everything and looked at the title. Sorry. We have a corporation that is 4 years old and have added tradelines. I have been debating between the ford transit or a sprinter because of that 4cyl turbo diesel. Hell, an izuzu npr with a refer unit would be ideal, but $$$$. Wonder what our options are.