We work with drivers that have bad credit all the time, here's our criteria -
Criteria for Semi Truck Financing - the fact of the matter the way the economy has been most people have shakey credit as it is. We'd be happy to answer any questions about credit in general - (248) 340-6175 - but to answer the most common; "yes" you can get a truck that will be a great work truck and payments you can manage, but you'll WANT to put a down payment. The "no money down" scams out there look attractive, but cost you money in the long run. David Strand, president of Wholesale Truck and Finance, even outlines it:
Leasing a Class 8 Truck with no money down.
Choices; you can finance a truck, do a lease purchase direct from a trucking company (bad), or lease purchase with a company using a third party - which is an option we have as well, we work with some of the top trucking companies in the industry. Third party lease purchases offer you the security of the freight and miles a company can offer, but the knowledge that the truck is leased TO YOU and that if need be you could go and the truck go with you ( of course you'd still need to make those payments ).
Let us know if you have any questions.