At Coopersburg & Liberty Kenworth, we proudly uphold the standards that have earned Kenworth its reputation as “The World’s Best” in trucking. Part of maintaining this excellence means offering competitive financing options to make purchasing your next Kenworth truck easier and affordable. Our team is here to help you get the truck you want with financing that fits your budget.
Here, we have compiled a comprehensive guide for all things Coopersburg & Liberty Kenworth Financing. Make sure to click the bolded hyperlink to read the blog post!
How to Become a Truck Driver: Getting Your CDL
Just starting out in the trucking industry and need financing? We can help! But first: Do you have your Commercial Driver’s License (CDL)?
For first-time buyers or borrowers, if you do not have your CDL, you most likely will not qualify for a commercial vehicle loan. In order to start driving medium- and heavy-duty trucks, you must first earn your commercial driver’s license, or CDL. There are a handful of questions that come with obtaining it. Get your CDL with our blog that has all the answers to your questions on how to become a truck driver.
Buying Trucks with Challenged Credit
Financing a truck can be challenging when a customer wants to make a purchase, but their credit score is… not so good. In order to buy a truck with challenged credit, it’s important to know where your credit stands. Read a Credit Score breakdown and learn dealbreakers with our Credit Score blog.
Financing Trucks with Bad or No Credit
Purchasing a truck can be tricky when your credit is not the best. But, that does not mean financing with bad or no credit is unachievable! If you don’t have the money to purchase a truck in full or the credit to secure a commercial vehicle loan, we have a few tips on how to finance with less-than-perfect credit.
The Importance of Financing
Long-term financing offers truck drivers a smart way to invest in in a reliable, high-performance vehicle while avoiding a substantial upfront cost. With flexible payment options, financing supports business expansion and growth for fleet owners. Explore why long-term financing is an essential strategy in the trucking industry with these 7 key benefits.
Semi-Truck Financing Requirements for Buyers
One thing is certain — trucks are a major investment! For many, the most practical and accessible way to purchase a semi-truck is through a commercial vehicle loan. However, it’s important to know that qualifying for semi-truck financing involves meeting specific requirements. Let’s take a closer look at this list of requirements you’ll need to secure the financing that fits your needs.
Truck Financing: What is Collateral?
Collateral is an arrangement that allows buyers to obtain the necessary funds to purchase their truck while providing a lender with security. It’s a mutually beneficial arrangement that makes financing more accessible for borrowers and less risky for lenders. Understand the role of collateral with our comprehensive breakdown.