transportation financing

Truck Trailer Financing Program

1 | P a g e American Business Lending 5332 S Memorial Tulsa OK 74145 O: 918-641-5959 F: 918-664-7300

Dear Valued Customer,

We offer transportation manufacturers, distributors, and dealers a financing program that

will help you increase your sales and maintain your margins.

In these toughening economic times, dealers MUST be able to offer comprehensive and

accessible financing options to their clients. When a dealer is able to offer financing options

to their end-user, 75% of the time, the customer will not seek a quote from a competing

dealer. You become a "one-stop shop," and the customer feels comfortable dealing with a

recommended and reputable dealer. Your customers WANT to finance their equipment; in

fact, over 85% of US businesses lease all or part of their capital equipment. Remember... if

you aren't offering complete dealer leasing options, your competition is!

American Business Lending will take your business seriously. We are able to develop

custom dealer finance programs which meet the needs of your end-users. By partnering

with American Business Lending, you will have the ability to offer a full range of

transportation financing options to a wide range of credits. American Business Lending

has a dealer finance program in place to streamline the approval and funding of

transactions as small as $5,000, as well as the ability to structure commercial approvals up

to $5MM.

If selling transportation equipment is your livelihood, a relationship with American

Business Lending means having a financial partner that is always just a phone call away.

Our staff is available to answer any and all questions as they may come up. In addition, our

dealer finance department is available to help create custom marketing materials as well as

provide valuable Internet marketing advice. As a preferred dealer partner, you'll have

access to our complete array of leasing tools, which will allow you to accurately quote

financing options with each and every inquiry! Our vendor finance tools allow you to close

more deals, in less time... contact us today to find out more.

Sergey /Senior Analyst

Contents What We Finance: ......................................................................................................................................... 2

Client We Serve: ............................................................................................................................................ 3

Our Process ................................................................................................................................................... 4

Our Programs and Requirements ................................................................................................................. 5

Our Commitment to You ............................................................................................................................... 6


What We Finance:

At American Business Lending we pride ourselves in our ability to find creative ways to

finance just about ANY type of transportation equipment:

-Conventional Trucks w/Sleeper

- Conventional Trucks w/o Sleeper

-Car Carrier Trucks

-Crane Trucks

-Dump Trucks

-Flatbed Trucks

-Boom Trucks

-Van Trucks

-All types of Trailers up to 15 years old

We are able to serve industries that other banks and lease companies avoid.


Client We Serve:

The recent economic turmoil left many businesses struggling for survival. As a result many

customers shopping today have credit scores that are NOT-so-perfect. We are able to

finance A and B credit clients, but so can most of the other companies out there. Our niche

is finding solutions to finance those clients with C and D credit scores. We specialize in

saying YES when others say NO.

Although the rates are higher for clients with scores below FICO 650, acquiring their own

transportation will many times generate them a substantial amount of revenue, which

enables them to afford higher payments in the meantime.

Our Asset-based Program

“We approve deals that others reject—every day.”

This program is specifically geared for clients who are looking to acquire trucks, trailers,

tractors, and other hard equipment. We are able to finance clients with bankruptcies, tax

liens, judgments, repossessions, and slow pays.

This program is an asset-based direct funding source. Each deal must be backed by

collateral-regardless of customer’s credit score or time in business. In every deal we fund,

the total collateral value must equal 2 or 2.5 times the total amount funded-depending on

the deal structure.

The deal size ranges from $10,000-$200,000. Home ownership is required for all deals

over $40,000.

Send us those clients that you have a tough time approving under your traditional

programs and we will get them approved!


Our Process

We offer flexible programs depending on your particular need. You can simply tell your

client to call us at 918-641-5959 and we would handle the whole process.

Simple Steps:

1) Client fills and sends us a basic credit application with the invoice/spec sheet for the

equipment they want to acquire. Our app-only program runs up to $150,000.

2) We do our best to have a decision for the applicant same day.

3) If the applicant is approved—we email/fax one page Credit Agreement that contains

the amount finances, interest rate, and term.

4) Client sings the agreement and sends it back to us with a copy of the title of the

equipment they want to acquire.

5) We send the final contract via email/fax to the client.

6) The client signs the contract and sends it back to us, with the title of the equipment,

proof of insurance, and copy of deposit.

7) We fund the dealer via wire, ACH, or cashier’s check.

8) Clients leave with/in their new equipment.

We do our best to make the process as smooth as possible and work fast to fund the dealer.

In a perfect world the client can have his equipment in 3-4 days.

We provide the dealer with all of the necessary paperwork and charge no FEEs.


Our Programs and Requirements

A Credit=FICO min 700

-Application Only

____________________________________________________

B and C Credit=FICO min 600

-Application

-3 month of banks statements

-Personal Financial Statement***

-First 9 pages of 2009 Tax Return

***may be requested if credit is light and bank statements are low

____________________________________________________

C and D credit- below 600 w/Collateral

-Application

-3 month of bank statements

-List of available collateral

6 | P a g e

Our Commitment to You

Our goal is to serve you and your clients. We do not require you to sign any contracts nor

commit to any long term relationships. We will do everything we can to be a benefit to

your business, and if you decide we are no longer useful to you and your clients then you

can terminate our relationship without any costs to you.

We have learned from our experiences that most vendors can approve their A and B credit

clients, and although we would love to have that part of your business, we can start out by

helping you approve your C and D clients. Please send them over to us and we will work

hard to help you move a couple of pieces of equipment a day/week/month.

We look forward to a long and fruitful relationship! Please Contact Us:

American Business Lending 5332 S Memorial Tulsa, OK 74145 O: 918-641-5959 F: 918-664-7300

[email protected] www.AmericanBusinessLending.com

mailto:[email protected]

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