COMMERCIAL TRUCK FINANCE PROGRAM
● REQUIREMENTS FOR LOAN APPROVAL ●
(It is required that you have the following items completed BEFORE we schedule your loan closing. If you are missing any of the items below, please call your sales associate immediately.)
#1 - PROOF OF INCOME : You must provide last 2 paycheck stubs/load sheets and complete bank statements from last 2 months. If self-employed, provide your previous year's tax return and Certificate of Authority from US DOT.
#2 - PROOF OF HAULING REFERENCE : You must provide a Intent to Hire Letter (and) Signed Contract from leasing company. Must have complete contact information for your contact person with the leasing company.
#3 - AUTOMATIC DRAFT : Current bank statement and voided check from personal/business checking or savings account in the purchaser's name to be used for automatic drafting of payments.
#4 - PROOF OF RESIDENCE : Complete utility bill (gas, power, water, or cable/satellite) or mortgage statement from the address at which you live. It must have the service address listed and be dated within the last 30 days.
#5 - PROOF OF TELEPHONE : Complete bill dated within last 30 days from home and all cell phones used by purchaser.
#6 - FAMILY REFERENCE SHEET : Name, address, and telephone # of 10 references.
#7 - DRIVER'S LICENSE : Copy of valid CDL (and) copy of driver's valid CDL issued by your home state.
#8 - SOCIAL SECURITY CARD : Copy a valid card issued by the U.S Social Security Administration.
#9 - EMAIL ADDRESS : Valid email address is required for future communications.
#10 - DOWN PAYMENT : Cash, credit card, debit card, or cashier's check only. We also need your title if trading a vehicle in.
#11 - PROOF OF FULL COVERAGE TRUCK INSURANCE : Refer to Insurance Requirement Handout for details.
REMINDER: All documents must be dated within the last 30 days!