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  #1  
Old 03-21-2003, 10:48 PM
tpd312 tpd312 is offline
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Join Date: Aug 2002
Location: Trinity Texas
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Financing New equipment (Bad Credit)

Does anyone out there know where someone can get a new mower financed when you've got bad credit? I am in need of new equipment, or at least a new mower, and I have been looking at the ZTR's but I was turned down due to a bad credit history. Had excellent credit up until about 3 years ago when newborn baby girl had some medical problems, It was either pay the Truck note and Doctor bills or pay the credit cards. The credit card companies refused to work with me so I quit paying them, guess I'm "paying" for that now. The cards were "charged off".
Anyway I need financing for a new mower, around $8500. Anybody know of where I can turn for help. Thanks.

Raymond II
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  #2  
Old 03-28-2003, 07:56 PM
BigMack BigMack is offline
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Try this company... They may be able to help you.

Advance Acceptence 763-476-8024

I had NO credit... Had to put up first payment and last 2 (3 payments) They also have some repos they like to get rid of and will finance.

Good Luck
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  #3  
Old 03-28-2003, 10:43 PM
tpd312 tpd312 is offline
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Thanks BigMack, I'll call them monday and see what they say.
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  #4  
Old 07-27-2008, 01:28 AM
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quadracer_13 quadracer_13 is offline
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sorry this is a way old thread but I was wondering if that place helped you out with any kind of financing cuz i am in the same position?
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  #5  
Old 07-27-2008, 09:25 AM
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bohiaa bohiaa is offline
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Location: Bellville Texas, near Houston
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Its nearly impossable, try a family member, lets face it if family wont loan ya money, Noone else will
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  #6  
Old 07-27-2008, 10:58 AM
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lawnwizards lawnwizards is offline
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Quote:
Originally Posted by quadracer_13 View Post
sorry this is a way old thread but I was wondering if that place helped you out with any kind of financing cuz i am in the same position?
more than likely, those guys havent posted on here in years. call them yourself if you need help.
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  #7  
Old 07-27-2008, 12:04 PM
kmwharley kmwharley is offline
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Location: michigan
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when I was rebuilding I used a company called dakota financial. They are asset based and require a 1:1 ratio. So if your truck is paid off you could put that up for collateral and they will get you done. if you need the particulars pm me and I will give all the details that i went through.
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  #8  
Old 07-27-2008, 12:33 PM
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Allens LawnCare Allens LawnCare is offline
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Just a heads up....Medical bills can be on your credit report but can't be held against you because it isn't credit you created (Applied for)
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  #9  
Old 07-27-2008, 12:47 PM
MowHouston MowHouston is offline
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I say dont finance anything. In most cases, this isnt an industry that requires financing to get up and running. And if you have already been in business, you should have been saving up.

The bills may have affected that, but if that is the case, then you should be buying used and save up for what you want.
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  #10  
Old 07-27-2008, 03:04 PM
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quadracer_13 quadracer_13 is offline
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Quote:
Originally Posted by kmwharley View Post
when I was rebuilding I used a company called dakota financial. They are asset based and require a 1:1 ratio. So if your truck is paid off you could put that up for collateral and they will get you done. if you need the particulars pm me and I will give all the details that i went through.
I would PM you but I havent been on here for ten days so i still cant but if you dont mind could ya just explain it a little bit?
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