The International LCT Show, is proud to announce that despite the tightening of the credit market, funding is available to operators looking to expand their fleets.
The LCT Show, January 26-28th at the Venetian/Palazzo Resort in Las Vegas, boasts a 100,000 square-foot show floor with vehicle manufacturers, coach builders, and industry suppliers such as funding, insurance, and software companies.
"Operators should not shy away from coming to the LCT Show because they think they won't obtain funding for a new vehicle off the show floor. Although lenders are being more conservative, there is capital and we are still lending," says Dan Dyson, of Pennsylvania based Brenner Financial.
"If your company is in the right financial position, this is the market to get great deals on cars."
Although money is available, the rules have changed. Now, lending institutions are requiring more proof such as financial history and bank statements. George Lee of A-Z Resources says, "The money is available and we want to lend it," but Lee offers a few tips for lessees on positioning your company for loan approval. "Keep credit card balances below 35 percent of the maximum limit, or spread balances over several cards. Next, keep money in your business checking account, $5,000 minimum if possible, or you can use your personal savings account demonstrate available cash. Last, don't let current vehicle payments get past 15 days of the due date."
In addition to Brenner Financial and A-Z Resources, other funding companies with available capital can be found in the exhibit hall at the LCT Show. Additional companies include Titus Leasing Company, Autoline Capital Corp., Edson Financial, and Advantage Funding.
For more information on the LCT Show including the exhibitor list, seminars, and networking events, please visit www.LCTshow.com or call (800) 576-8788.
As always, contact Boston Car Service for all of your limousine service needs. Call 888-548-3790 today.
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