ENCLOSED TRAILER FINANCING
After you have found the trailer that meets all your needs, you will face some important decisions when it comes to financing your new cargo trailer purchase. At Renown, we partner with financial services providers that are accomplished professionals in the trailer financing industry and who we know for a fact conduct themselves with honesty and integrity, just as we do for everyone who comes through our doors. Each of our financing partners are ready to roll with all of your financing needs. Take a look through the highlights of their individual financing programs below.
Sheffield Financial
Who they are:
Started in 1992, Sheffield financial loans began with the aim of helping individuals enjoy an active outdoor lifestyle through competitive outdoor equipment financing. In 1997, Sheffield joined forces with BB&T to offer even more options for trailer and outdoor recreation equipment financing.
HQ:
Charlotte, NC
What they fund:
Outdoor Power Equipment, Powersports, Trailers, Golf Cars and Low Speed Vehicles, Motorcycles, Marine
Interest rates available:
Rate amount varies widely depending on the type of equipment that is to be financed.
How to Get Financed
- Complete the easy online application.
- A loan specialist will ensure all the required information is within the loan application and run your credit. At Sheffield financial credit score is used to determine creditworthiness. If everything checks out, a Sheffield financial pre-approval will be issued.
- Then you can choose the financing options that work for you and can vary greatly like terms and rates.
- Once you execute the final documents, the dealer will be sent a copy and you can drive away with your new trailer.
Terms available:
Term length can vary widely depending on the type of equipment, budgetary restrictions, and other factors.
How they are rated:
While they are not BBB accredited, Sheffield financial has a BBB rating of “A+”.
Rock Solid Funding
Who they are:
Since 1997, Rock Solid Funding has provided a better way to get trailers and other utility and recreation equipment financed. By leveraging relationships with hundreds of lenders all across the country, Rock Solid is able to offer extremely competitive interest rates.
HQ:
Colleyville, TX
What they fund:
Cargo and Utility Trailers, Horse and Livestock Trailers, Travel Trailers, Non-Motorized Recreational Vehicles, Motorcycles, Boats
Interest rates available:
Rock Solid financing helps shop the market for the best rates available. Rates range anywhere from 5% to 19.95% based on creditworthiness.
Terms available:
Rock Solid Funding can help you secure loans with terms as short as 1 year and as long as 180 months.
How to Get Financed with Rock Solid?
- Fill out an online application. Don’t have a rock solid credit score? See our blog post for tips on helping raise your score.
- Rock Solid pre-approval review can sometimes take as little 30 minutes for those with good or excellent credit. Once the final loan documents are generated, you will be invited to execute the document.
- After completing the application and everything is finalized by the loan officer, funding will generally occur in 48 hours or less.
How they are rated:
The financing side of Rock Solid trailer reviews are, well, rock solid. To get verified customer reviews, Rock Solid uses a third-party review platform, TrustPilot. As a neutral party, TrustPilot presents a chance for consumers to provide honest feedback within an unbiased framework. Rock Solid maintains an “Excellent” rating on TrustPilot with hundreds of verified reviews. Rocksolid financing reviews also show as an “A-rating” with the BBB.
TSF (Trailer Solutions Financial)
Who they are:
Trailer Solutions Financial is a specialized financial services provider. They have been in business serving trailer dealers and the trailer industry in general since 2001.
HQ:
Ocala, FL
What they fund:
Utility Trailers, Enclosed Car Haulers, Enclosed Cargo Trailers, Car Haulers, Horse Trailer, Living Quarter Horse Trailer, Dump Trailer, and Other Trailers
Interest rates available:
Trailer Solution Financial interest rates range from 5.5% to 18.95%. Rates are determined based on credit score and credit history.
How to Get Financed
- Trailer Solutions Financial application is really easy. Get pre-approved for financing by completing a quick online application.
- A loan officer will then pull your credit. At Trailer Solutions Financial credit score is used to then determine creditworthiness and the options available to you. The loan officer will contact you to review the options available. If it is applicable to your situation, you can receive a pre-approval.
- Once they are able to issue a pre-approval, or what’s called a hard approval (which is issued by the lender), you will have the ability to execute your trailer purchase - secure in the fact that your financing is in order.
Terms available:
term length can vary widely depending on the type of equipment, budgetary restrictions, and other factors.
How they are rated:
Trailer Solutions Financial is rated as “A+” by the BBB.
CIT Finance Loan Application
Rates are very much dependent on the credit score and credit history of the applicant. A good score with a solid history will enjoy a better rate than a bad score and a poor history. But if you are in the latter class, there are ways you can start improving your credit now. Simple changes like getting on a budget so you don’t miss monthly payments and not spending more than you make so you don’t rack up large credit balances can greatly improve your credit score. With your better score, you can save thousands in interest over the life of a loan.
For most deals using the financing companies we know and trust, you will be able to drive off the lot as soon as we have the executed contract in hand. We will receive payment from the financing company and you will make payments at the agreed upon rate and term to them or the lender.
The best companies are those that work in you, the consumers, best interest. They will treat you with honesty and conduct themselves with integrity throughout the process. You should be afforded transparency and a fair financing experience. At Renown, we only partner with those financing companies we know exude this level of service and integrity.
While we have highlighted several ways to start improving your credit, most of the financing companies we work with can leverage relationships with many different lenders to find the best rates available even for those with credit in the low, 530-range. If you find yourself even lower than that, you should start taking steps now to improve your credit score. A few points upward can mean thousands in savings in interest over the life of a loan.
Contact Renown Cargo Trailers to get easy financing today!
Request a Quote
How do I get the best rate for enclosed cargo trailer financing?
How soon can I get my trailer after financing?
Rates are very much dependent on the credit score and credit history of the applicant. A good score with a solid history will enjoy a better rate than a bad score and a poor history. But if you are in the latter class, there are ways you can start improving your credit now. Simple changes like getting on a budget so you don’t miss monthly payments and not spending more than you make so you don’t rack up large credit balances can greatly improve your credit score. With your better score, you can save thousands in interest over the life of a loan.
What are the best cargo trailer financing companies?
What do you do if you have bad credit?
The best companies are those that work in you, the consumers, best interest. They will treat you with honesty and conduct themselves with integrity throughout the process. You should be afforded transparency and a fair financing experience. At Renown, we only partner with those financing companies we know exude this level of service and integrity.