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Off lease and Repos for Commercial Trucks and Construction Equipment, Special Deferral Program
In today's unstable economy, the startup and seasoned business has an unique opportunity to
acquire an attractive deal for off leases and repos for commercial trucks and construction
equipment. Due to a contracting economy, many lenders have excess inventories on their books
that they need to put back on the street. These in-house inventories are non income producing,
therefore putting pressure on the lender to make a deal with the consumer. These deals can be
found in the price, the financing or a combination of both.
An off lease commercial vehicle and/or construction equipment has been returned to the lender
as the lease has expired. The lessee has made a decision to return the item in lieu of exercising
the buyout option. A repo has arisen due to a default of the lessee for non payment terms or a
violation of the terms of the lease. Either way, the lender has taken these trucks and/or equipment
back and now must recondition the items and either sell these items or re-lease them. The lender
will either advertise their inventory through their internal sales force or outside professionals
such as brokers to move their inventories as quick as possible. Sometimes as these inventories
either sit or whatever reason isn't moving, the lender may put these items up for auction.
For this article, the type of items we are going to identify as potential deals for the customer is
the following
:Dump trucks, flatbed trucks, grapple and landscape trucks, fuel and lube trucks, bucket and
boom trucks, over the road and day cabs, water trucks, tow trucks, box vans and straight trucks,
dry van and reefer trailers, end and bottom dump trailers, flatbed trailers, backhoes, bulldozers,
crawler tractors, forestry equipment, excavators, forklifts, and other type loaders.
Some of the ways the startup and/or seasoned business can locate these deals are through trade
publications, surfing internet search engines, contacting lease brokers for
information and speaking to lenders directly.
Some of the lenders in the market have advertised personal credit qualifications as low as 575,
prior bankruptcy rules amended or ignored and startups welcome. Additionally, the front money
to commence the lease can start as low as first payment to whatever you might able to negotiate.
Some of the lenders have application only programs up to $250,000. There are no financial
statements, income tax returns or bank statements required.
In conclusion, this is a buyers market for commercial trucks, trailers, and construction
equipment. Check out all the deals in the market and make sure that you have a stable income
base to assume whatever debt that you may occur. Happy hunting for your acquistion.
http://www.cclgequipmentleasing.com/DealerFinancing.htm
Aerial Sign Truck, Above Ground Fuel Tank, Aircraft Refueler Truck, Asphalt Paver, Backhoe,
Boom Truck and Lift, Bulldozer, Cement Silo, Chipper, Chipper Dump Truck, Compactor,
Concrete Mixer, Concrete Pump, Crane Crawler, Cranes, Digger Derrick Truck, Drill Riggs,
Drum Puller, Dump Truck, Excavator, Flat Bed Truck, Fuel Lube Truck, Garbage Containers,
Garbage Truck, Grapple Boom Truck, Ground Support Equipment, Log Bobtail Trailer, Motor
Grader, Mechanics Truck, Motor Scrapper, Piggyback Forklift, Refined Fuel Delivery Truck,
Roofing Truck, Skid Steer Loader, Skidder Grapple, Tow Truck, Tractor-Farming, Trailers,
Vacuum Tank Trucks, Sewer and Septic, Van Delivery Truck, Yellow Iron, Wheel Loader, Yard
Tractor, Water Wagon
Complete the above steps and enable your customers to push out their next payment after funding for at
least 60 days (up to 75 days, depending on date of funding). Take advantage of this unique opportunity
now. To be eligible, the deal must fund by June 30, 2008
www.cclgequipmentleasing.com
List of Equipment Eligible for This Lending Program
12830 12038
Forklift - Electric or Gas Concrete Pump - Trailer
2006 JCB 930 2004 Olin Pump 5 25
10723 11083
Trailer - Bottom Dump Concrete
2006Pump - Trailer
Gallegos 2007 Putzmeister TKB 60
24' Bottom Dump Pup Trailer
6026 Trailer - Bottom Dump2241 Delivery Truck - Boom 22' x 96" Bottom
2006 Dragon 1991 Ford LTS9000 w/1991 Prentice TS-33
Dump
9565 5312
Trailer - Car Carrier / Hauler Dump Truck 2001T7-L
2007 Miller Industries Mack CH612 w/2005 Gar-P 16' Steel Dump Body