Expert: Marina Lando - 3/30/2004

Question
we own a small septic buisness and only own a few trucks. we would like to get another truck and some more equiptment because buisness is really starting to pick up. should we apply for a small buisness loan? What is the best way to approach this?

Answer
Dear Mike:

Most banks would not finance trucks.

I would suggest obtaining financing from the company that sells trucks first. As usual they have lenders that work with them on a daily basis.

You may also try these lenders:
http://www.trucks.com/trucks_financing.asp
http://trucksonly.com/truckbuyerapp.htm
http://lucidfinance.com/
http://www.truckinfo.net/financing.asp

Good luck,
Marina Lando
Business Loan Quest, LLC
www.blquest.biz