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garyde
05-11-2006, 12:33 AM
I need some help/advice. Anyone have a good financing company for financing a new Prevost? I can not seem to find anyone , who will work with me on this . It seems , no one will get past my credit report. If you own several companies, and have a healthy net worth, it does not seem to mean anything to these people.

MangoMike
05-11-2006, 12:45 AM
Garyde,

Welcome to the Forum. I hope you can achieve your goal as bus ownership is pretty cool.

There was some talk about financing on RV.net - check out this thread.

http://www.rv.net/forum/index.cfm/fuseaction/thread/tid/14507840.cfm

Mike

Jerry Winchester
05-11-2006, 07:20 AM
Try e-RV Loans. The loan ends up being with Bank of America, but the rates were good and you can do the whole thing over the phone. I think they are based in Miami.

ken&ellen
05-11-2006, 07:45 AM
Garyde, Welcome. My wife Ellen & I have found that most of the high profile RV loan outfits only lend money if you have 70% down, a late model coach, and a credit score of 1000! The dealers will not do a thing for you except send out your application to 12 different lenders which negatively impacts your overall credit rating. Over the past 5 years we have had 4 different coaches and all the loans have been low interest through local banks.....they seem to value our business. We did use Coastal Finance once with a positive result. They are a national concern based in Virginia Beach, Va. Their client base is mostly very large boats and minimum loan is $50,000. Ken & Ellen

truk4u
05-11-2006, 09:02 AM
Garyde,
Try Financial Underwriters Network (FUN) at 800-231-4003. They will do an 80% deal with Wachovia. If your going to use a Montana LLC, good luck, there are only a few banks that will do them and the rate is higher.

Jeffery Raymond
05-11-2006, 09:56 AM
The go-to guy for $$ on a Prevost is Tom Spirito at Gulfcoast Marine Finance in Clearwater, Florida.

His attitude is, "What does it take to get this deal done?"

garyde
05-12-2006, 12:56 PM
The go-to guy for $$ on a Prevost is Tom Spirito at Gulfcoast Marine Finance in Clearwater, Florida.

His attitude is, "What does it take to get this deal done?"
I tried to find him, do you have a number?

garyde
05-12-2006, 12:58 PM
Try e-RV Loans. The loan ends up being with Bank of America, but the rates were good and you can do the whole thing over the phone. I think they are based in Miami.
Are they credit score driven, or do they have better criteria?

Just Plain Jeff
05-12-2006, 02:24 PM
Fast Tommy Spirito can be reached at 727-578-5035. Tell 'em who brung ya.

Coloradobus
06-08-2006, 06:32 PM
Gary,

Try Kevin Marsh at Recreational Products, aka RV Lending Tree at 1-866-788-7331. We have financed 2 coaches with them and a few from Prevost-Stuff have used them as well. :)