Supporting Documents for Loan Application
To facilitate a smooth application process, we require the following documents:
- Ownership Document for Chattel: Proof of ownership or legal rights for the transportation chattel is crucial for loan approval.
- Sale Agreement for Purchase of Chattel: A sale agreement adds transparency to the transaction, detailing the terms and conditions of the chattel purchase.
- Invoice/Cost Estimate: Providing detailed invoices or cost estimates for the intended purpose (e.g., vehicle purchase or repairs) helps us assess the financial aspects of your loan request.
- Vehicle Details: Include relevant details about the vehicle, such as make, model, year, and any specific features relevant to the loan purpose.
- Business Plan: If applicable, provide a brief business plan outlining your transportation services, target market, and growth strategy.
How to Apply:
Applying for the Transportation Loan is simple. Visit one of our branches to pick up an application form. Our dedicated team is ready to assist you through the application process and address any questions you may have.
At Toledo Teachers Credit Union, we are committed to supporting the growth and success of the transportation industry. Take the next step toward enhancing your transportation services with our Transportation loan product.
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