What types of vehicles qualify for a commercial vehicle loan?

What types of vehicles qualify for a commercial vehicle loan?
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1 Answer

Answer :

Any vehicle that is going to be used for commercial purposes would qualify for a commercial vehicle loan. You will also have to have commercial insurance on the vehicle.
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Do commercial vehicles, such as vans and box trucks, require a special license in Florida?

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What are the insurance differences between commercial vehicles and normal ones?

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Last Answer : commerical vehicles are used to specifically transport some type of goods, services or passengers to different destinations on a frequent basis.

Where are the best places online to find vehicle loan calculators.?

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Why do we allow the Federal Reserve loan money to commercial banks at almost 0% interest, who then loan the tax payers this money at a much higher interest rate?

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Can you recommend a good financial institution for a commercial loan?

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Last Answer : The market climate isn’t particularly allowing right now. Maybe someone will be able to make a recommendation?

I am looking for a title loan for a commercial truck ?

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Last Answer : No you should not a permit if you are using an inflatable pool. As long as you are using it for your personal use and not for a group of kids or something like that.

Can my small business get a commercial loan?

Description : Can my small business get a commercial loan?

Last Answer : It really all depends on your particular situation. If your credit is good and the loan officer sees that your business is viable, then you should be able to get a commercial loan.

Commercial Loan?

Description : Commercial Loan?

Last Answer : A loan provided to a business by a financial institution such as a bank or a lending company like Lendingkart is known as a commercial loan. It is used to cover capital expenses or operational costs, which the company otherwise wouldn’t be able to afford.

What is the definition of an SBA commercial loan?

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Last Answer : SBA means Small Business Administration. Go to sba.gov and it will give the break down of what is involved in an SBA commercial loans. There several categories based on how many employees, what type of business, etc.

Where can I go to get a commercial truck loan?

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Last Answer : Most banks and credit unions will offer commercial vehicle loans. Inquire at your local banking establishment. Typically, credit unions offer the best interest rates.

Bank rate is that rate on which - (1) Any bank lends money to an individual (2) State Bank of India gives loan to the rural banks (3) Central Bank of Country lends money to the commercial banks (4) Rural bank gives loan to cooperative societies

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Last Answer : (3) Central Bank of Country lends money to the commercial banks Explanation: Bank rate, also referred to as the discount rate, is the rate of interest which a central bank charges on the loans and ... reserve bank, while the repo rate is the rate at which the banks borrow from the central bank.

Bank rate is that rate on which– (1) Any bank lends money to an individual (2) State Bank of India gives loan to the rural banks (3) Central Bank of Country lends money to the commercial banks (4) Rural bank gives loan to cooperative societies

Description : Bank rate is that rate on which– (1) Any bank lends money to an individual (2) State Bank of India gives loan to the rural banks (3) Central Bank of Country lends money to the commercial banks (4) Rural bank gives loan to cooperative societies

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Why is this so hard for some people to understand about commercial license plates on their vehicle?

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Is there a big cost difference between regular and Commercial Vehicle Insurance?

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Last Answer : No, there is not much of a difference betwen the costs. Commercial auto insurance may sometimes cost more than personal auto insurance based on the size of the vehicle, but that's it.

I am going to be a commercial truck driver for a local company; do I have to have additional insurance, or do they cover it since it's their vehicle?

Description : I am going to be a commercial truck driver for a local company; do I have to have additional insurance, or do they cover it since it's their vehicle?

Last Answer : If the company you are going to work for owns their trucks than they will already have them insured.

our delivery vehicle was a total loss after a commercial vehicle driver hit our car while parked. we had lost income and expenses ?

Description : our delivery vehicle was a total loss after a commercial vehicle driver hit our car while parked. we had lost income and expenses ?

Last Answer : You will file a claim through your insurance for the loss of the vehicle as well as lost income, etc. You must be able to prove the lost income and related expenses. Your insurance company will ... can get back to business, then it will file against the insurance carrier of the at-fault driver.

Where can I get commercial vehicle insurance?

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Last Answer : Many auto insurance companies offer commercial vehicle insurance. For example, Geico offers commercial vehicle insurance. You can talk to your local agents too.

How much does commercial vehicle insurance cost?

Description : How much does commercial vehicle insurance cost?

Last Answer : Commercial vehicle insurance varies depending on the risk you prove to have as a driver, what type of insurance you are getting, and with what company you are getting it from. There are many variables that affect the price.

Uses For Commercial Vehicle Equipment?

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