PRE-OWNED TRUCK FINANCING TIPS TO STRIKE GOOD DEALS

Almost every commercial or industrial business makes use of trucks. Generally, the start-up cost of such businesses contains a heavy investment in acquiring trucks, be it a new or used. Well, it’s true that the purchase of even a used truck is quite heavy on pocket. But, there are some market players like Shriram Automall who in association with Shriram Transport Finance Company doesn’t let you feel the burden on your pocket every time. Due to the presence of financial institutions across the nation, now everyone has a financial muscle for acquiring a pre-owned truck. The main reason for this is truck being valuable collateral, which ensures low risk for the lenders.

Whenever you decide to buy a pre-owned commercial truck, make sure that you are clear about the type that you wish to purchase. And that means it is mandatory for you to dig into every detail, like condition, year, model, etc. With this, you actually take your first step towards finance application. Shriram Automall in association with Shriram Transport Finance Company offers various loans for pre-owned trucks with minimum documentation.

Financing of pre-owned commercial vehicle which was a concern earlier has become a thing of past as now people are turning towards both SAMIL for buying used commercial vehicles & STFC for getting the same financed. Today the company has over 4.5 Lac transactions with finance assistance given for majority of sales.

As the company attracted the interest of huge number of customers now we have some other finance houses for financing pre-owned commercial trucks, however the loyalty that customers show towards SAMIL & STFC is something that is cherished & enjoyed by one and all.