Read Time: 3 Minutes | Long-term financing on a Kenworth truck can be a game-changer or both drivers and fleet owners. It is a valuable option for truck drivers looking to invest in a dependable, high-performance vehicle without the burden of a large upfront payment. We are exploring the key benefits of long-term financing and why it’s an essential strategy for many in the trucking industry.
Read moreRead Time: 3 Minutes | At Coopersburg & Liberty Kenworth, we offer credit-based financing on all of our trucks for sale. No matter the make, model, or year, any type of commercial truck can be costly. So much so that few people can afford to buy them with cash outright. Where it can get tricky is when people come in to make a purchase, but their credit is… not so good. If you don’t have the money to purchase a truck in full or the credit to secure a commercial vehicle loan, we have a few tips on how to finance with less-than-perfect credit.
Read moreRead Time: 3 Minutes | In truck financing, collateral is an asset pledged to secure a loan, giving the lender the right to repossess the truck if the borrower is unable to make payments. For buyers, understanding the role of collateral can clarify how financing works as well as its benefits.
Read moreRead Time: 4 Minutes | Whether you’re starting your career in trucking or expanding your fleet, one thing is certain — trucks are a major investment! For many, the most practical and accessible way to purchase a semi-truck is through a commercial vehicle loan. However, it’s important to know that qualifying for semi-truck financing involves meeting specific requirements. Let’s take a closer look at what you’ll need to secure the financing that fits your needs.
Read moreRead Time: 3 Minutes | Financing a truck can be challenging when a customer wants to make a purchase, but their credit score is… not so good. We’re here to help and we’ll do what we can to facilitate the deal. To help make a deal happen, it’s important to know where your credit stands.
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