Friday, August 18, 2023

Understanding Commercial Vehicle Lines of Credit | GM Financial

A commercial line of credit is a quick and easy way to add new vehicles to your fleet. 

Although a bank loan is a reliable way to purchase or lease a new vehicle, the approval process can slow you down. If you need multiple vehicles, you’ll need to repeat that process for each one, costing you even more valuable time. 

But securing a line of credit is different. After a simple one-time application, you can quickly add vehicles when you need them.

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