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  • Small business loans

    Have any of you used small business loans before? Looking at getting one to purchase a Mitsu Fuso FG dump for 14000. If you guys have any tips or what company to go with I would greatly apreciate it. Its hard getting credit at the age of 19 for a auto loan, so I figured I would try and put it in the business name as a business loan. Thanks guys...



    James
    JS LANDSCAPING

  • #2
    Not sure maybe amercian general ? Good place to start or your local bank. I bought a 1988 MITSUBISHI FE434 it has a 14 ft flat bed on it. I got good deal on it for $500.00 You can not kill them they will last you forever. I love mine, I would rather drive it then my personal truck. Only thing that sucks is that Diesel used to be cheaper then gas. BUT not anymore..
    Last edited by pnplawncare; 01-10-06, 03:24 PM. Reason: Didnt want the spelling POLICE Aka WOODY to see it.

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    • #3
      Better have a business plan prepared. When you go into the bank requesting a small business loan they will send you to the business loan officer. The first thing he'll want to see is your business plan. Just verbally telling him your plans will leave you looking lazy.

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      • #4
        I have always had great luck with Sheffield; they do alot of lease/purchase options w/in the industry. They have always been easier to deal with than a regular bank.

        Sheffield Financial LLC, POB 1704, Clemmons, NC 27012.
        Customer Service reps are available 8am-5pm EST @ 1-888-438-8837. They can put you in touch w/ the proper department for credit application. I think they also have a website.

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        • #5
          Just called Sheffield today rates were 10.95%-12.95% for 36 months.
          I use them when i buy my mowers from them.
          Saving up to retire in Margaritaville

          www.grandviewlandscaping.com

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