Hello trucking friends,
as the title states I'm trying to get an understanding for the qualifications for a new truck loan, here's my situation: I have 7yrs trucking experience with a mix of regional and long-haul, BUT its from 2007-2014, I stopped driving and just got my cdl again. Of those 7yrs I was an owner operator the last 5yrs, my credit is 790 and I plan on putting up 5-10% of the truck cost down. I haven't started speaking with financing people yet but want to get insight from you guys/gals first. How much problem will old experience (that can be verified with a large company) play? I had one of the top safety ratings in my terminal (3rd best of 50 trucks). Are there companies that loan in this situation?