Entirely possible. Really just a matter of getting a bank to give the
business a loan. If you are willing to sign personally the banks usually
don’t care about the business financials - they have you and the title to fall
back on. If you want to have it in the business without personally s
wife and a part
time bookkeeper does the rest.
From: Lewis Bergman
Sent: Saturday, September 28, 2019 8:43 AM
To: AnimalFarm Microwave Users Group
Subject: Re: [AFMUG] Auto Business Loan
I guess I would take a step back from the entire thought process for a minute.
What is it you are trying
rst time?
>
>
>
> *From:* AF *On Behalf Of * Chuck McCown
> *Sent:* Friday, September 27, 2019 6:29 PM
> *To:* AnimalFarm Microwave Users Group
> *Subject:* Re: [AFMUG] Auto Business Loan
>
>
>
> Just sell it. Get the commercial loan in place and just buy it from
: AnimalFarm Microwave Users Group
> Subject: Re: [AFMUG] Auto Business Loan
>
> Yes, I guess that is what I’m getting at.
>
> So my next question is, how hard is it to get a commercial car loan for the
> first time?
>
> From: AF On Behalf Of Chuck McCown
> Sent
Jacobson
Sent: Friday, September 27, 2019 6:44 PM
To: AnimalFarm Microwave Users Group
Subject: Re: [AFMUG] Auto Business Loan
Yes, I guess that is what I’m getting at.
So my next question is, how hard is it to get a commercial car loan for the
first time?
From: AF On Behalf Of Chuck McCown
Yes, I guess that is what I’m getting at.
So my next question is, how hard is it to get a commercial car loan for the
first time?
From: AF On Behalf Of Chuck McCown
Sent: Friday, September 27, 2019 6:29 PM
To: AnimalFarm Microwave Users Group
Subject: Re: [AFMUG] Auto Business Loan
Just sell
Just sell it. Get the commercial loan in place and just buy it from yourself.
Obviously you will have to pay more than what is owed.
Sent from my iPhone
> On Sep 27, 2019, at 6:06 PM, Sterling Jacobson wrote:
>
> I have a personal F150 truck that I want to refinance into my company.
>
> Is
I have a personal F150 truck that I want to refinance into my company.
Is that possible?
I carry the loan through a local credit union.
But I would like to start having some asset tangible on the company account.
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