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SBA loan program. Loan amount. Details. Standard 7(a) loan. Up to $5 million. Repayment terms up to 10 years. Interest rates between 11.50% to 16.50% depending on whether it is variable or fixed
Lender. Loan type. Top features. Bank of America. Equipment loan. Available for commercial vehicles over 2.5 tons. Fixed interest rates as low as 6.75%. Loan terms up to 5 years
Lender. Min. credit score. Details. Bank of America. Not disclosed, but 700 for most Bank of America business loans. Loan amounts from $25,000. Terms up to 5 years
The Hino XL series are the identical series of Class 7 and 8 conventional cab trucks produced by Hino Motors primarily in the United States and Canada. Introduced in 2019, it was the first model launched by Hino Motors under the modernized nameplate, next to the Class 6/7 L series and the Class 4/5 M series. It is the first truck powered by ...
The Class 8 truck gross vehicle weight rating (GVWR) is a vehicle with a GVWR exceeding 33,000 lb (14,969 kg). [ 2 ] [ 28 ] These include tractor trailer tractors, single-unit dump trucks of a GVWR over 33,000 lb, as well as non-commercial chassis fire trucks; such trucks typically have 3 or more axles. [ 29 ]
SBA loans. An SBA loan is partially guaranteed by the U.S. Small Business Administration and offered through SBA-approved lenders. Depending on the type of loan, the SBA guarantees 50 percent to ...
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