Read Time: 3 Minutes: | Getting a semi truck loan doesn’t need to be stressful. Before applying, having the right documents can speed up the process as well as your approval. Here’s a quick rundown of key documents and information you may need while applying for a commercial truck loan.
Read moreRead Time: 4 Minutes | Buying a commercial truck – either new or used – isn’t cheap. But understanding the true cost is the key to getting the most out of your purchase. Whether you’re an owner-operator or growing your fleet, knowing what to expect financially can help you make smarter decisions when buying a commercial truck.
Read moreRead 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.
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