EVERYTHING YOU NEED TO KNOW ABOUT TRUCK TITLE LOANS
Frequently Asked Questions About Commercial Truck Lending
What areas do you serve?
Semi Truck Lending serves commercial drivers and fleet operators across South Carolina and Georgia, covering routes up to 50 miles north of Atlanta, with our primary office located at 3420 US-21, Fort Mill, SC 29715.
Where is your office located?
Our office is located at 3420 US-21, Fort Mill, SC 29715, where we conduct vehicle inspections and handle same-day loan funding in person.
How quickly can I get approved for a commercial truck loan?
Most applicants receive approval and funding on the same day after bringing their commercial vehicle and required documents to our office, or faster by calling our team directly at 803-548-1727.
What documents do I need to bring to my inspection?
You must bring your valid driver's license, the clean commercial truck title, the current odometer reading, a clear photo of the truck, and the vehicle itself for an on-site physical inspection.
Why is an in-person truck inspection required?
We inspect your truck in person at our Fort Mill office to evaluate its physical condition, verify the odometer mileage, and accurately calculate the maximum loan equity available to you.
How much money can I borrow with a truck title loan?
Loan amounts range from $650 to $9,000, determined by the assessed equity, condition, and value of your commercial rig.
What are your interest rates?
Our commercial truck title loans feature an interest rate of 20% monthly, which is 240% interest yearly, with no hidden terms or unexpected surprises.
What are the minimum and maximum repayment periods?
Our loan repayment periods range from 12 months to 24 months, giving you a structured monthly schedule tailored to your business revenue.
Can I keep driving my truck while paying off the loan?
Yes, you retain complete possession of your commercial truck and continue hauling freight as usual throughout the entire repayment period.
What types of commercial vehicles qualify for title loans?
We provide collateral loans for semi trucks, commercial box trucks, heavy-duty freight haulers, and 18 wheelers with clear titles.