Anchor Vans Blog
It’s been a long time coming but we’re finally starting to see a real change in underwriting criteria for vehicle financing, making it easier to get a commercial vehicle from us on credit than any time since the credit crunch.
This is great news – we’re more than aware of how many small and medium size businesses depend on commercial vehicles, and how badly the unavailability of credit has affected them.
This isn’t just a gut feeling either; there are hard facts. Looking back over our records, we’ve noticed that the percentage of van finance applications accepted in the last couple of months is significantly higher than during November and December 2008 and January 2009. The amount required for the vehicle financing deposit is lower than a few months ago and the applicant’s credit rating no longer has to be absolutely perfect.
So if the lack of available credit has been a problem for you, this may be the time to start looking at your commercial vehicle options again. We can give you a quick quote for vehicle financing in only 2 minutes.
Tags: commercial vehicle, commercial vehicle options, commercial vehicles, credit rating, van finance applications, vehicle financing, vehicle financing deposit