Financing a scag bagger

Discussion in 'Starting a Lawn Care Business' started by Logans Lawn Service, Dec 14, 2013.

  1. Logans Lawn Service

    Logans Lawn Service LawnSite Member
    Posts: 2

    I currently have a loan on my scag mower that is close to be paid off. I would like to purchase a the calm shell collection system. Would I have any problems putting a little down and get the rest financed thru Sheffield? Would they make it a separate loan or add it on to my existing loan? Thanks for the help.
  2. jc1

    jc1 LawnSite Bronze Member
    Posts: 1,620

    I would imagine that it would be a separate loan.
    A simple phone call to Sheffield will answer your question.

    Personal service... It's that simple.
  3. A. W. Landscapers  Inc.

    A. W. Landscapers Inc. LawnSite Bronze Member
    Posts: 1,287

    No one here has any idea what your credit worthiness is nor do we have any idea if you would have problems coming up with a little down payment.

    You would have to ask Sheffield how they would handle your loan but most likely your new loan request would be a separate transaction from your existing loan. You might be able to refinance and combine the two loans into one. Talk to the lender.
  4. ReddensLawnCare

    ReddensLawnCare LawnSite Bronze Member
    Posts: 1,652

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  5. MRCo.

    MRCo. LawnSite Member
    Posts: 227

    Don't they have a $1500 minimum loan amount?
  6. baileylawnservice

    baileylawnservice LawnSite Senior Member
    Posts: 530

  7. Logans Lawn Service

    Logans Lawn Service LawnSite Member
    Posts: 2

    Thanks for the replies.

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