Hey guys! I'm new to the forum and need a bit of info. I've searched the forum high & low, but could'nt get any concrete information. Do any of you guys have on Commercial Fleet Financing Inc. (CFF) out of Carrollton, TX? Are they reputable? Over competitive financing? Just interested because they say I'm approved for a rig & want the downpayment sent to them directly (I rather send it to Ryder the dealership). Hope you can help and thanks for you guys time..
Commercial Fleet Financing Inc in TX?????
Discussion in 'Trucker Taxes and Truck Financing' started by 504trucker, Oct 25, 2013.
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Did you apply to these people for a loan or did you do it through Ryder? Usually, a down payment is given to the seller, in this case Ryder. I don't recall having to pay the lender up front before they make a loan to me. Is this a lease or purchase? If it is a lease/purchase they may want a down payment, but that is usually handled through the dealer. I am not familiar with this company. If you have concerns you could call the local Better Business Bureau or Chamber of Commerce.
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http://www.commercialfleetfinancing.com/ and http://www.cffnationwide.com/ -
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Do you know your interest rate? What about the down payment? Is there a buyout at the end or is it just a straight lease purchase where they send you the title when you make the last payment? It sounds like this company worked well for you. How long did it take to get all the paperwork through where you got the truck? Just curious. I have people ask about equipment financing all the time. I have a few sources, but it is always good to add another. I am glad that you were able to find a lender that works for you. -
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How much down? So you don't know your interest rate? How is the Ryder truck behaving for you? I can tell you a huge story about a Ryder truck that I was about to buy this past week..but later...
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How much down payment they are requiring?
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