Dump Trucks Funded

Spark Capital was proud to assist a construction company that recently won a job with their city. They had just signed a 5 year contract to haul sand, and needed to purchase a dump truck. Spark provided a $155,000 loan to purchase dump trucks for their business. Here is the timeline/steps/challenges the deal had faced.

• Client had just put a huge amount of cash towards labor costs, they needed to finance two dump trucks since they were running low on funds. They wanted nothing down.

• Client called Spark Capital. Our account manger reached out, and emailed a quick application.

• After 2 hours we gave a pre-approval, then got 3 months of banks statements, a 2 years tax returns.

• After they got approved we sent documents to sign via email. Once signed we sent a wire transfer to the seller.

Here is a breakdown on the terms offered:

• 72 months

• 0 payments down

• $155,000 funded

• $2719.30 per month

Call us anytime of get an instant quote if you want to get the same type of financing.

Spark Capital