Posted 2014-10-26 7:37 AM Subject: Best bank to finance LQ trailer?
Expert
Posts: 1313 Location: Georgia
Im thinking a specialty loan is the way to go.. but ive never used one of those banks. Im looking to purchase a LQ trailer but need to get it financed until i sell the LQ i have to put towards the purchase. this is a private sale.. not a trade. Credit is not an issue..
Posted 2014-10-26 8:22 AM Subject: RE: Best bank to finance LQ trailer?
Extreme Veteran
Posts: 357 Location: Florida
I used my credit union and they put it under an RV loan because of the living quarters. Going this route allowed for very reasonable rates, this was 6 or 7 years ago and I got 4.25%. In addition, my horse trailer model was in the NADA RV book, so that helped with determining the value of the trailer for that part of the loan process.
Posted 2014-10-26 7:42 PM Subject: RE: Best bank to finance LQ trailer?
Not Afraid to Work
Posts: 4717
I had the best luck going to my bank (wells fargo). I tried southeast financial and they were horribly unprofessional. All Roads Capital was helpful and very professional.