FAQs

Truck Max typically requires a credit score of at least 600 to finance a new truck.

Yes, Truck Max will pull your personal credit with an inquiry when you apply for financing.

If you have prior liens, judgments, or bankruptcy, it may affect your eligibility for financing with Truck Max, but each application is considered individually.

Having a down payment can improve your chances of approval and may also lead to better terms and lower interest rates with Truck Max.

Interest rates for financing with Truck Max vary based on factors such as creditworthiness, loan term, and current market conditions. You can contact Truck Max directly for current interest rate information.

Truck Max’s approval process is typically fast, with some applications being approved within hours.

While Truck Max specializes in financing trucks, they may also offer financing for other types of commercial equipment.

Good credit scores generally range from 700-850, bad credit scores from 300-579, and ugly credit scores below 300, according to Truck Max’s criteria.

Truck Max’s typical transaction size ranges from $10,000 to $1,000,000, with an average transaction size of $62,000.

It’s generally recommended to get approved for financing with Truck Max before finding your equipment, as it gives you a clear idea of your budget and purchasing power.

The insurance for your equipment is typically your responsibility, but Truck Max may offer guidance or assistance in finding suitable insurance providers.

You are responsible for taxes associated with the purchase of your equipment when financing with Truck Max.

After credit approval with Truck Max, the process typically involves finalizing paperwork, arranging for insurance, and completing any other necessary steps to secure financing.

You are not required to buy your truck from a dealership when financing with Truck Max, but the vehicle you choose must meet their financing criteria.

To finance a new or used truck with Truck Max, you will typically need to provide documentation such as proof of income, identification, and details about the equipment you’re financing.

You can talk to someone at Truck Max directly, as they offer both online and offline support options.

To get approval for financing with Truck Max, you’ll need to submit an application along with the required documentation, and they will evaluate your creditworthiness and financing needs.