At J&J Capital, our typical client has a personal credit score of 635 or higher. With credit scores below 635, additional information will be required to review and potentially approve your credit application.
Yes, J&J Capital looks at both your business and your personal credit when we process your credit application. This is often positive, because some clients have limited business credit, and we can use the strength of their personal credit to approve their financing and put the equipment in the name of their business.
J&J Capital has a unique program for borrowers who have experienced credit challenges, such as liens and bankruptcy. It provides the opportunity for clients with challenged credit to get re-established. The rates are higher and the terms are more ridged, but we do have an option for you with approved credit.
Our rates often compete head to head with your local bank or credit union. Yes, we need to review your credit, but you will find our rates highly competitive within the transportation equipment financing industry. In the end, if we aren’t competitive, you don’t have to do business with us.
We are fast. If your application is complete, we can usually issue a credit approval within as little as 4 hours.
No. Since 2018, we have been financing trucks, trailers and equipment within 4 primary industries. Trucking, towing, construction and moving are the primary industries we work in.
No. Our financing is fixed-rate and we do not collateralize your other equipment. Each contract stands on its own. This is a unique benefit to financing with J&J capital vs your local bank.
J&J Capital offers financing ranging from $10,000 – $1,000,000. Our average transaction size is $62,000.
We are happy to finance single unit owner operators or large fleets. Don’t let the size of your business impact your decision to grow. Many of our clients started with 1 truck and now have dozens.
You insure your equipment against loss including property and casualty coverage, and liability. Most clients simply add their new or replacement equipment to their existing policy.
