I need to purchase a used vehicle for one of my employees and am wondering how this works. The last couple of vehicles we purchased we paid cash so this has never happened. Things are tight right now so we are looking to finance a 3-4 year loan on about $8k for a used vehicle.
How does this work? Will the dealerships be able to set this up or do they usually only do business (NON PG) loans on new or leased vehicle?
FWIW my business credit is old and excellent. I just don't want to look like an idiot by asking for this if it's not done.
Thanks.