HOW TO GET A DUMP TRUCK LOAN?
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HOW TO GET A DUMP TRUCK LOAN?



At Planet Financial we specialize in helping new businesses and people who have overcome financial difficulties secure a loan. You can count on us to make your business dreams come true. An up-to-date, well functioning and effective heavy equipment is an asset to any company and is essential for a project’s success. If you own a construction, renovation, or landscaping company, you might find yourself needing to purchase a dump truck at some point during the life of your business. As you can imagine, dump truck financing, however, is expensive purchasing one of these trucks can cost anywhere from $20,000 to $150,000and financing can depend on dump truck size.

There are many different types of dump trucks on dump truck sales and designed for various applications. The needs of your business will determine which type you need. Below are a few of the most common variations. 

  • Standard Dump Truck
  • Semi-Trailer End Dump Truck
  • Side Dump Truck
  • Haul Truck
  • Winter Service Vehicles

We work with all makes and models, whether you are looking for new or used ones. Our vast network of resources ensures that no stone is left unturned, and no option left unexplored when it comes to truck loans and truck leasing. If there is an amazing deal out there, we will find it for you. You can also search Kijiji dump trucks for various types of inventories.

We Finance a Variety of Dump Trucks

  • Quad, triaxle, and tandem vehicles
  • Articulated vehicles
  • Transfer vehicles
  • Dump trailer and semi-tractors

Our team is willing to work with all business owners, regardless of credit status. Financial difficulties are common, and we recognize the need for individuals to repair their credit and raise their scores. Our team of professionals will look at every file and try to understand the story before planning. We never dismiss a client out of hand and want to work with you to achieve your business and financing goals. We help our clients secure truck loans and truck leasing – and we do not shut them down.

Our objective is to try and help you, regardless of whether you have ever owned a dump truck or are interested in becoming a first-time buyer. Application approval is based on meeting our basic minimum requirements and while we cannot guarantee approval for all applicants, we will do our best to find a solution for anyone who requires financing.

With brokers, like Planet Financial the application process for dump truck loans is very easy if you are a dump truck driver. You just need to the documents online and we can get your approval on the same day.

Compare the advantages of dump truck loans and dump truck leasing to find out which one matches your needs best.

LOAN ADVANTAGES

  • You are building equity – you own the vehicle when you’re done paying for it.
  • You can depreciate the asset.
  • The vehicle appears as an asset on your balance sheet.
  • No limit on your vehicle’s hours and wear.
  • You will build equity with installment payments.

LEASE ADVANTAGES

  • An opportunity to pay less upfront.
  • Generally, you may make lower payments than with an installment loan.
  • Deploy equity elsewhere in your business instead of building equity in the equipment.
  • Pay for the use of the heavy equipment, return it at lease-end, or exercise your purchase option.

Our application process is extremely fast, and we guarantee the most competitive rates of interest. Don’t wait any longer.

If you need a dump truck loan here is our Document Checklist

  1. Valid ID
  2. Bill of Sale
  3. Article of Business Incorporation
  4. Last-three-month bank statements.
  5. Credit Application (download it here)

You can email all the documents at [email protected] or you can also get your free inquiry at 647-710-0620.

Click that “Apply Now” button to proceed with your desired dump truck loan provider. Some clients will rather have some guidance throughout this process, so we also have the added option for you to pre-apply at Planet Financial. Our team will sort through your information and give you the best rate of interest all over Canada.  You can also Sign up for our newsletter for our recent updates and get special offers on dump truck loans. Apply online by filling up the credit application for quick approvals for your own or commercial truck loans or call us and book an appointment. We would be happy to serve you.