Phone: 888-925-2559
Website: https://www.ally.com
Reports to: D&B, Experian and Equifax (reports quarterly)
Description:
Ally offers commercial vehicle financing. Gives personal financing but reports also to business credit bureaus If your business qualifies for financing without the owner’s guaranty, you can obtain financing in the business name only. This gives you the ability to save your personal credit for other use as well.
To Qualify:
Commercial Line of Credit
– Entity in good standing with Secretary of State
– EIN number with IRS
– Business address- matching everywhere.
– D & B number
– Business License- if applicable
– Business Bank account
– Bank reference
– Fleet financing references
– Must have a good D&B paydex score of 80 or higher
– If no established business credit history, can apply with a Personal Guarantee(PG)-minimum credit score of 640, does a hard pull
Commercial Vehicle Financing
– Entity in good standing with Secretary of State
– EIN number with IRS
– Business address- matching everywhere.
– D & B number
– Business License- if applicable
– Business Bank account
– Bank reference
– Fleet Financing References
– Must have a good D&B paydex score of 80 or higher
– If no established business credit history, can apply with a Personal Guarantee(PG)-minimum credit score of 640, does a hard pull
To Apply: At Dealership only. dealer locations listed on their website. https://www.ally.com/auto/dealer-locator/
Terms: Lease or Loan