FAQ
What does Jayma Qualified finance?
We finance trucks, trailers, heavy equipment, etc. We work with many different industries such as Trucking, Towing, Construction, Land Clearing, Transport and additional equipment.
Do you offer financing for startups?
Yes, we offer start up financing. Due to the unique nature and risk of start up financing we are unique in that we offer almost EVERYONE who applies a chance for their start up but because of the risk involved you will need typically 20% down payment. You will in due time however with on time payments be building a credit profile for yourself and your business which makes it easier for expansion and growth later.
What are your interest rates?
Our rates often c with your beat the rates at your local bank or credit union. At Jayma Qualified we review your credit and build you an individual profile so banks can see you for more than just a number. Our inhouse and bank’s rates are highly competitive. We welcome you to feel free and compare your previous approvals with ours to see for yourself.
Where can I buy equipment from?
You can purchase your equipment from any national dealership or private sale as long as we have a bill of sale and proper documentation to submit for the loan. We do not limit where you can purchase your equipment from which gives you freedom to choose what and where you get it.
Will I need a cosigner?
In some occasions we will need a cosigner to get you approved but we go over all of that before you begin your process or as soon as underwriting makes us aware that this will be necessary. We explore all options for any and all of our loans.
Do you offer 100% financing or do I need a down payment?
Yes we offer 100% financing based on your business and credit. We can pre underwrite almost all of our clients before pulling their credit to make them more aware of what they do have as options. We strive to attain a program that benefits your company and financial needs, so we can provide you with quotes of monthly payments with different down payment options and contract longevity.
How long can I finance my truck or equipment for?
We will recommend various options that fit your budget and cash flow needs. While most of our contracts are written for 36, 48, or 60 months, we can go out as long as 72 months.On cranes we offer up to 120 month terms and 72 is common for us.
Who insures my equipment?
You ensure your own equipment with whatever your state laws requirements are.
Do you offer Equipment or Inventory at Jayma Qualified?
We have lease turn in and repossession inventory at competitive prices
We Finance The Following Industries.
Transport is moving people or things from one place to another place. Transport can be divided into infrastructure, vehicles and operations. Infrastructure includes roads, railways, airports, canals, and pipelines. The infrastructure is the network where things are carried.
LOWBOYS
WIND TRAILERS
DUMP TRUCKS
LAND CLEARING
CRANES
BOX TRUCKS
TOWING/ROLLBACKS
WRECKERS
REEFER / DRY VAN
