FREQUENTLY ASKED QUESTIONS

WHAT FINANCE SOLUTIONS DO YOU OFFER?

We offer flexible finance solutions for a wide range of credit types. With our comprehensive evaluation of equipment value, available collateral, and the overall strength of the business, we can often provide customized financing options that other lenders cannot.

WHAT INDUSTRIES DO YOU SERVE?

We specialize in the construction industry and adjacent industries such as landscaping, material handling, recovery, vocational trucks and trailers, and waste disposal.

WHAT TYPES OF EQUIPMENT DO YOU FINANCE?

We specialize in financing construction equipment under the categories of Yellow Iron+, trucks, and trailers.

WILL YOU REVIEW MY CREDIT SCORE?

Yes, as part of our pre-approval process, we will securely run your credit. However, all decisions are based on the “Three C’s – Credit, Collateral, and Character.” Therefore, your credit score is just one part of the criteria that will be used to determine your eligibility.

CAN I PURCHASE THE EQUIPMENT FROM A PRIVATE SELLER?

Yes, Universal Finance is your dedicated, single point of contact for financing. Whether you are receiving equipment from an individual, a company, or a dealer, we can help.

HOW LONG DOES THE FINANCE PROCESS TAKE?

Our Approval Process is three quick steps. We know how important it is for you to get the equipment you need, when you need it to keep your business growing.

TO APPLY, WHAT DOCUMENTATION DO YOU NEED FROM ME?

To start the approval process, Universal Finance requires a completed Application Form with a copy of your driver’s license.