Direct Credit Funding helped an established Indiana auto transportation company secure $59,000 in private-party truck financing for a 2017 Peterbilt 389 sleeper truck. The approved and funded transaction supported the company's move from a two-truck fleet to three.
The business had operated since 2006 and had a 716 FICO score. The purchase involved a private seller and a truck-and-trailer unit for regional car hauling—a practical equipment need for an experienced operator.
Deal Snapshot
| Item | Details |
|---|---|
| Business | Indiana auto transportation company |
| Financing | $59,000 funded |
| Equipment | 2017 Peterbilt 389 sleeper truck with a Cummins ISX15 engine; car-hauling unit included a 2017 Boydstun trailer |
| Purchase type | Private-party sale |
| Time in business | Since 2006 |
| Credit profile | 716 FICO; strong credit profile and comparable credit history |
| Fleet expansion | Two trucks expanding to three |
| Business use | Regional auto transport in Ohio, Indiana and Kentucky |
| Outcome | Approved and funded |
A Third Truck for an Established Car-Hauling Operation
The customer already operated two trucks and wanted to add another car-hauling unit. The 2017 Peterbilt and Boydstun trailer were intended for regional routes across Ohio, Indiana and Kentucky, with the operator returning home each night.
Buying from another owner gave the company an equipment option outside the dealership channel. The next step was financing that fit the purchase. We helped the business secure funding for the transaction and continue its fleet expansion.
Private-Party Purchases Deserve a Clear Financing Plan
A private seller changes how an equipment purchase is coordinated. Seller information, title details and the equipment description need to be clear from the start. For this request, title information was available with the file, alongside the company's operating history and credit profile.
The business brought nearly two decades of experience and a 716 FICO score to the transaction. We worked through the private-party purchase process and helped get the deal approved and funded. The result shows that an established transportation company can pursue equipment from an individual seller as part of its growth plan.
Planning Your Next Fleet Addition
Before choosing a truck, put together the model year, make, model, intended use and seller information. If a trailer is part of the purchase, include its details too. Explain your current fleet size and how the additional unit will fit your operation so the financing review starts with a clear picture.
Direct Credit Funding has helped businesses obtain equipment financing since 1997. Explore our transportation equipment financing services. For another example of an older vehicle purchased from a private seller, see our funded Texas Peterbilt truck purchase.
Frequently Asked Questions
Can Direct Credit Funding help finance a truck from a private seller?
Yes. We helped this Indiana auto transportation company secure $59,000 for a private-party truck transaction. Share the truck and seller details when you submit your request.
What equipment was involved in this transaction?
The purchase involved a 2017 Peterbilt 389 sleeper truck with a Cummins ISX15 engine and a 2017 Boydstun car-hauler trailer. The unit was intended for regional auto transport.
What was the customer's credit score and business history?
The customer had a 716 FICO score and had operated since 2006. The file also included comparable credit history.
Can financing support an existing fleet's expansion?
Yes. This funded transaction supported the company's expansion from two trucks to three. Tell us what you operate today and what equipment you want to add.
Ready to Add a Truck to Your Business?
If you have found a used truck through a dealer or private seller, send us the details. Call 888-844-7676 or complete our equipment financing application to get started.
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