Category: tow truck lending

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Should I Finance A Used Tow Truck or Pay Cash?

Are you debating whether you should finance a used tow truck or just pay cash? This article is going to help you make an informed decision so when you do purchase your next truck, you go in armed with the right information. There’s more than one way for you to get the tow truck you...

Posted by chundeeMarch 8, 2018March 8, 2018

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A Hidden Benefit Of Getting a Loan For Your Towing Company

Why Getting a Loan For Your Towing Company is Better than Selling a Piece of Your Business The decision of getting a loan for your towing company can be a tough one. First of all, you’ve heard it since you were a kid: being in debt is dangerous. From politicians to radio pundits, we’re bombarded...

Posted by chundeeMarch 1, 2018March 1, 2018

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Importance of Tow Truck Lender Having Tow Truck Knowledge

Does Your Tow Truck Lender Have Tow Truck Knowledge? Having a tow truck lender with experience is great, but expertise is better. Across the landscape of commercial vehicle lenders, there are companies full of experience in a wide variety of industries. Decades of funding assets in all kinds of credit situations and economic circumstance behind...

Posted by Tow DoughFebruary 15, 2018February 25, 2018

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1 Loan Information

2 Business Information

3 Owner Information

4 Owner Info Continued

5 FInal Details and Submit

Your Name*
First Last
Best Email*
Dollar Amount Requesting:*
Please enter a value greater than or equal to 10000.
$10,000 minimum
Choose Your Loan Term*
- 36 Months
- 48 Months
- 60 Months
- 72 Months
How Soon Do You Need The Funds?*
- This Month
- Next Month
- Just Getting Quotes

Legal Business Name*
Tax Id Number (if you have one)
Number of Employees*
- Just Me
- 1-5
- 6-10
- 11-20
- 21 or more
Year Business Started*
Business Phone Number*
Mobile Number*
Would You Like to Receive Updates Via Text Message*
- Yes
- No
Business Address*
Street Address Address Line 2 City State ZIP Code
Do you have a website?*
- Yes
- No
Website Address

Principle - Owner Information
First and Last Name*
First Last
Is your Home and Business Address Different?*
- Same as Business
- Different than Business
Enter Your Home Address*
Street Address Address Line 2 City State ZIP Code

Social Security Number*
Mobile Phone Number*
Home Phone Number
Enter home phone if different from mobile phone.

Do You Have A Dealer?*
- Yes
- No
Dealer Name*
Enter name of dealer or equipment provider for the truck / equipment you have in mind.
Equipment Description*
Enter information about the equipment (include year, miles, etc if possible).
Do You Have A Dealer Quote? Upload it here.
A few notes, and your digital signature:
By submitting this Application, the undersigned warrants that the applicant and each individual listed as a principal, partner, owner, guarantor or obligor consent, authorize and warrant as follows: (a) Tow Dough and its agents may obtain commercial and consumer credit reports, investigate references and statements, and make other credit inquiries about the applicant and all such individuals, and anybody contacted in connection there with may release any credit and financial information; (b) Tow Dough and its affiliates may share with one another financial, credit and other information about the applicant and such individuals and use shared information to market to the applicant and the individuals; (c) the information on or accompanying this Application is true and complete, and the undersigned will notify Tow Dough of any material change in any information, (d) this Application is submitted in connection with financing solely for business and commercial purposes and NOT for personal, family or household purposes; (e) the applicant, if an individual, is a citizen or lawful permanent resident of the United States; and (f) this Application will apply to any future request for additional financing and all notices, disclosures, consents and warranties shall be deemed repeated for each future request, unless the applicant submits a new written application. Tow Dough does not make offers or commitments to extend credit except in final signed documents and, in limited circumstances, in and pursuant to the terms and conditions of written commitment letters. Term sheets, proposal letters, approval letters and the like are not commitment letters.
E-Signature*
First Last
Enter your First and Last name
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IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT.
To help the government fight the funding of terrorism and money laundering activities. Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
EQUAL CREDIT OPPORTUNITY ACT.
If your application for business credit is denied, you have the right to a written statement of the specific reasons for denial. To obtain the statement, please contact our Customer Service Representative, 3893 Research Park Drive, Ann Arbor, MI 48108 within 60 days from the date you are notified of our decision. We will send you a written statement of reason for the denial within 30 days of receiving your request for the statement. NOTICE: The federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race,color, religion, national origin, sex, marital status, age (providing the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has good faith exercised any right under the Consumer Credit Protection Act. the federal agency that administers compliance with this law concerning this creditor is the Office of the Comptroller of the Currency, Customer Assistance Group, 1301 McKinney Street, Suite 3710, Houston, Texas 77010.

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