Vehicle Leasing and Financing 3 – So what type of vehicles DO equipment financing companies finance?
I talked last time about vehicle financing and leasing, and why equipment financing companies don’t finance passenger vehicles. The reason boiled down to these are not 100% business vehicles, and therefore come under the umbrella of “consumer debt” in the eyes of many, which almost all commercial lenders wish to avoid. So that begs the question – just… Read More »