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Where can I get a loan for a commercial vehicle?
I want to get a Nissan NV200 for my electrical company. Where can I find a lender that does loans for commercial vehicles?
Melanie Reiff · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
You’re in luck! Nearly all lenders offer commercial vehicle loans, ranging from national banks to local credit unions. Capital One, US Bank, and Bank of America are a few of the more popular lenders, but make sure to shop around to get the best rate and a term length that suits your budget.
Once you find the rate you want, you’ll also need
car insurance
for a commercial vehicle. Keep in mind that if you get a loan, most lenders will require you to get full coverage car insurance, which includes liability insurance, collision coverage and comprehensive coverage.If you need help shopping for your new policy, try
Jerry
. Jerry is an app that gathers the best quotes from top insurance companies in seconds! Once you choose your policy, Jerry takes care of all the paperwork for youView full answer
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