First time buyer

So you have an accountant? Most credit is based on you....

 

I financed my first truck in May of 2015. It was used. I had my LLC and business name registered and operating for over a year prior to that.

I can tell you that made absolutely NO difference in the transaction with the bank. They went strictly off my own personal credit worthiness and the size of my down payment.

My situation allowed me to borrow at 5.5% commercial money.

 

Yeah. I think llc is what 1200 a year? DBa free lol

 

Not sure where you got the 1200 a year cost for an LLC. I pay a hundred bucks a year for the registered agent and 100 a year renewal state file fee.

I have an LLC so I can file as an S Corp, which has some benefits.

 

Benfits if you are clearing a lot.

 

Well, this discussion has transpired here on the forum more than once. No need to rehash it on my end. It works well for me to be an employee of the S Corp. My CPA agreed when I went that way.

If schedule C works for you, more power to you