Vehicles for business use can be a valuable asset for small businesses, but building a fleet can be costly. For companies that need vehicles to do business, business auto loans can make acquiring new ...
Secured business loans finance a purchase with collateral.
Business auto loans let you finance a vehicle for company use. These loans are available through banks, credit unions and online lenders. Like standard auto loans, they are secured and use the vehicle ...
Learn the differences between business loans and lines of credit.
If you're buying a used car, Bank of America, Chase, First Tech FCU, and PNC Bank finance used vehicles, but have mileage and age restrictions for certain vehicles.
Car loan interest can be tax deductible, but only in specific situations. If you’re a business owner or self-employed and use the vehicle for work, you may be able to deduct some of all of the ...
Interest rates are high and could get higher. That means auto loans are expensive. In fact, auto loan interest rates are the highest they’ve been since 2007, when the world was heading into a massive ...
The share of subprime borrowers at least 60 days behind on their auto loans rose to 6.65% in October, the highest level on ...
Edmunds reports that negative equity occurs when car loans exceed vehicle value, impacting many buyers; strategies exist to ...
The higher losses in auto loans are largely because those tend to be bigger than other unsecured personal loans or credit ...