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Post by Bryan83 on May 11, 2020 14:15:57 GMT -6
Much like dealer financing, we will help you buy used equipment from private listings, although this one works just a little differently.
How it works: You and the seller negotiate a price for the equipment. Once agreed upon, post a message requesting a loan, then follow the same steps for a dealership loan.
You choose the down payment from zero to any amount.
You choose the number of installments from 4 to 8 in even numbered increments.
We give you a weekly payment quote. Now this will have interest added, which is 5%. Basically it's figured on the price of your purchase, minus the down payment.
Once your contract is started, we transfer funds and buy the equipment on your behalf. After the transfer, you pay the down payment, if any, right away. Then stop in the forum once a week by the end of Saturday and post a payment in your listing thread.
Please feel free to leave any questions or comments.
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Post by Bryan83 on Jun 6, 2020 13:18:26 GMT -6
Lower rates applied to used and private party loans.
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Post by Bryan83 on Nov 18, 2020 18:45:29 GMT -6
We're working to make financing simpler. All loans are now a flat 5% interest!
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