Thursday, December 3, 2009

Is there bank that finance a cargo van for a commercial use?

I was looking for a reputed bank that i can rely on. I know Bank of America, Citi, Capitalone does not offer auto loans for cargo vans.Is there bank that finance a cargo van for a commercial use?
If you own your own business, look into a business leasing program. It is not the same as a consumer lease. In a business lease, you are allowed the entire capital investmetn deduction on the current year's taxes. At the end of the 'lease' program you can buy out the van for $1.





With that said, you should be able to find numerous banks that will finance the loan. Are you buying it under your name or a business name?

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