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Dealer Information

Dealer Information

Thank you for your interest in using Shelter Financial Services as your Funding Source.

We have been approving Truck loans since 1999 and pride ourselves on the best service in the business. We are a direct lender and do not broker out our loans.

When you send us a credit application, we want to give you a quick response while the customer is still at your location and you will generally receive a credit decision within 30 minutes.

We offer unique programs for B – D credits and want to be your One Stop funding solution for all of your customers.
Our number one goal is to get your customer approved and to get it done as quickly as possible.

What sets us apart from other Lenders:

  • Excellent service
  • Direct Lender
  • Easy Process
  • Quick response
  • Private Funds
  • Same day funding
  • Multiple programs for all credit types
  • Attractive rates for well qualified customers
  • Programs for startups, bad credit, prior bankruptcy
  • No Utility bills required
  • No financial statements required

Are you tired and frustrated with other lenders because it takes them a long time to respond to your applications, ask your customer’s for too much documentation/financial information, high documentation fees, hidden fees and too much interest? If yes, please try our services and we will prove our commitment to providing you with excellent service.

To Get Started Using Shelter Financial Services As Your Funding Source:

Send us the following to get you a quick response:

  1. Any standard credit application – email to Loan@shelterfinancial.com
  2. Spec. sheet including full vin number
  3. Price of the truck, include tax and license if applicable
  4. Copy of customer’s driver’s license

Our Programs:

We have many different programs available for your customers and can service B through D credits. Most Lenders can only finance good credits or only difficult credits, but we offer multiple programs, so we can service all of your customers.

“B” Credit Program:

  • Low attractive rates
  • 5+ years Owner Operator experience
  • Fico Score 650 or above
  • Loan amount must be at or below NADA Loan Value
  • 2 years of tax returns – first page only

“C” Credit Program:

  • Competitive rates
  • 2+ years Owner Operator experience
  • Fico Score 600 or above
  • Loan amount must be at or below NADA Loan Value
  • Application only, no tax returns

“D” Credit Program – Our Tough Credit Program:

  • Prior BK and past credit problems = OK
  • First Time Owner Operator = OK
  • Low Fico Score = OK
  • Loan amount must be at or below NADA Loan Value
  • Application only, no tax returns
  • Minimum 30% down
  • We can overcome all these credit deficiencies with a good down payment or additional collateral.

Additional Collateral:

If the applicant owns a truck or auto free & clear and is willing to pledge the title as collateral, we can reduce the down payment requirement or even possibly approve the transaction with zero down (depending on the value of the collateral).

Trailer Financing:

We can finance trailers, but we do require the title to a Truck as additional collateral. The customer must have title to a Truck owned free and clear that they can pledge as collateral.
We can often offer 100% financing on Trailers as long as there is a Truck as additional collateral. We do not have an age requirement on Dry Vans or Flatbeds, however Refrigerated Trailers must be California compliant.

Our Lending Product:

We use an Equipment Finance Agreement (EFA) as our loan documents. It works as a Loan product and the Borrower is the registered owner on the title and Shelter Financial Services is the lien holder.

Limits/Credits we cannot approve:

  • Cannot have more than $10,000 in credit card and less than 50% available
  • Cannot be delinquent on mortgage
  • Cannot be delinquent on a truck or auto payment
  • Cannot be in Bankruptcy currently
  • Prior repossessions

Loan amounts less on these engines:

MaxxForce, Volvo, Paccar & Mercedes.
We can finance these engine’s, but will require a larger down payment.

Please call us at (866) 403-2757, should you have any questions or would like to obtain additional information.

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