Semi Truck Financing FAQs

Financing a commercial truck with bad credit can prove to be a serious challenge. Learn about the advantages of working with our team before calling to start the 10-4 process today!

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Pick from Any Dealership in the US

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Application Only Programs up to $150K

Pre Qualify Quick & Easy

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Down Payments Start at 10%

FINANCE QUESTIONS

We’re partnered up with the best lenders in the industry which allows 10-4 Financing to offer the most competitive rates for all credit types. The best rates start at 8.50% and are available to experienced owner-operators with good credit. Your rate will ultimately be determined by a variety of factors, not limited to FICO score, time in business, down payment, and value of equipment.

We offer a $0 down program for experienced owner operators with great credit. Other applicants will typically have to have at least 10% down. If you are low on cash, we have a separate program that can be used to finance a down payment.

We are not a bank or a direct lender. Instead, we partnered up with all of the best banks and lenders in the industry. We can pre-qualify you with a soft credit pull (no credit ding) and submit your information to the lender that will offer you the most optimal approval. 10-4 is here to serve as your truck finance specialists!

Yes! We built our company around first-time buyers.  We can help you find a great deal and also finance the truck for you.

Most of our programs do require a CDL, unless you have an existing fleet of trucks. We also have a few start-up capital programs that we can approve for non-CDL investors.

Unlike most truck finance companies, we do not need to do a hard pull to view your credit. This allows us to pre-qualify your application without leaving a ding on your credit score. We are able to give you a general idea of what type of truck you would qualify for and a fairly accurate range of what you will need for a down payment through our truck financing programs.

You can get started by filling out our “Pre-Qualify Form.” This allows us to pre-qualify your application without leaving a ding on your credit score. We are able to give you a general idea of what type of truck you would qualify for and a fairly accurate range of what you will need for a down payment. We’ll be happy to get the 10-4 Process started!

EQUIPMENT/INVENTORY QUESTIONS

No, we are not a semi dealership and do not carry any inventory. The trucks featured on our website are sold by our dealer partners and private lots.  We do our best to only feature trucks from reputable dealers that are priced to sell!

Yes. Generally, private party transactions require additional paperwork, inspection, and the title has to be free and clear before proceeding. Contact us to learn more about financing a private semi truck.

Only in instances when you are buying truck from your hauler. We would need a payoff request and details on the equipment.

Yes. We would need payoff a request and details on the equipment. You can fill out our form or contact us online to get started!

Yes, unless it is being sold by a shady dealer or does not fit our equipment guidelines. 10-4 Financing works to provide only the best units at prices that you can afford. Ready to find a truck online? Browse our inventory to finance the perfect truck for your needs!

Unlike most truck finance companies, we do not need to do a hard pull to view your credit. This allows us to pre-qualify your application without leaving a ding on your credit score. We are able to give you a general idea of what type of truck you would qualify for and a fairly accurate range of what you will need for a down payment through our truck financing programs.

We offer a $0 down program for experienced owner-operators with great credit. Other applicants will typically have to have at least 10% down. If you are low on cash, we have a separate program that can be used to finance a down payment.

You can get started by filling out our “Pre Qualify Form”. This allows us to pre-qualify your application without leaving a ding on your credit score. We are able to give you a general idea of what type of truck you would qualify for and a fairly accurate range of what you will need for a down payment.

WORKING CAPITAL QUESTIONS

Working capital is another word for available cash.  You can use it for equipment, maintenance, fuel, expansion, payroll, and just about anything else your business needs.

We have partnerships with a few lenders that offer Working Capital. We can pre-qualify you with a soft credit pull and provide a pretty good idea whether the programs we carry are a good fit for what you need.

Yes! Unlike most truck finance companies, we do not need to do a hard pull to view your credit. This allows us to pre-qualify your application without negatively impacting your credit score.

Our programs start at $5,000 and can go as high as $150,000. The amount you are approved will depend on several factors, including your FICO score, time in business, and cash flow.

You can start by filling our Pre-Qualify Form. We can pre-qualify you with a soft credit pull and provide a fairly accurate picture on whether the programs we carry are a good fit for your personal and professional truck needs.

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THE 10-4 PROCESS

Pre-qualify quickly and easily with our online forms, pay a low down payment, and choose your dealership anywhere in the US. We’ll be with you every step of the way!

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OWNER-OPERATORS

Owner-operators understand the freedom and financial rewards that come from driving your own truck. We can assist you with upgrades, buying, and financing.

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APPLY NOW!

If you interested in applying for financing with our company, apply now! We can pre-qualify you and provide you with advice on what type of trucks you should looking for.