Traction
Capital & Leasing
888-402-5422
Once we have all the paperwork and information is complete, most approvals will be communicated within 8 hrs. The time of the day the application is received will play a part as to whether you receive it the same day.
Working closely with somoene at Wheelhouse will help the submittal process and ensure a timely response. In general, all deals will require a completed credit application and buyers order to start with. In many circumstances, bank statements/tax returns can expedite the process if provided from the beginning.
We use several methods when evaluating an applicant's credit worthiness. Credit scores and general credit history are important, however, we also take pride in using a practical approach that will consider collateral, age, hours/miles, and general industry experience.
Our underwriting hours are from Monday-Friday, from 9:00 am to 6 pm EST.
We finance many types of equipment...over-the-road trucks and trailers, vocational equipment such as box and dump trucks, construction and logging equipment. We also can help with working capital loans and factorig.
Absolutely. If you want to start the process, we can see what type of program you will fit into as we find the equipment that matches your needs!
This will depend on many factors, you will want to talk to a representative to get a better idea of what you can expect.