Frequently Asked Questions
You can apply for financing in TWO ways:
• Apply online for commercial vehicle financing.
• Find the nearest partnering dealer and fill out a paper application.
• Apply online for commercial vehicle financing.
• Find the nearest partnering dealer and fill out a paper application.
Before closing your loan, S&G Financial® will need you to provide the following documents:
• A copy of a valid, government-issued ID (e.g. driver's license or CDL)
• Proof of residence (driver's license with your current address, utility bill, or signed lease)
• Proof of income (e.g. pay stubs, tax returns, or financial statements)
• A copy of a valid, government-issued ID (e.g. driver's license or CDL)
• Proof of residence (driver's license with your current address, utility bill, or signed lease)
• Proof of income (e.g. pay stubs, tax returns, or financial statements)
A TRAC lease is a more common commercial equipment and vehicle lease sructure. This type of lease is a more affordable by offering lower payments and more lease-end options and may qualify as an operational expense.
Yes, if you fail to make any payment within 15 days of the due date, there will be a late payment fee of $5.00 or 4% of the past due amount, not to exceed $50 on loans of $100,000 or less with a term of five years or less. There will be a charge of $50 for each payment by check, draft, ACH or electronic payment that is returned unpaid or dishonored for any reason.
Yes. All security deposits are refundable.