Financed this brand new 2024 Peterbilt 389 for a long-time client of ECC. This was system approved since it is a strong customer and strong vendor.
Things can still happen quick. Submitted 11:15am, approved 11:15am, deal agreed to by 11:30am, documents at 2:15pm as it was waiting on vendor location approval, insurance 5 minutes after requesting, executed documents back 3:06pm, revised invoice around 3:30pm then in for funding and funded 9:32am today. Less than 24 hours start to finish.
A thing of beauty especially when ECC is known for clean funding packages so there isn’t back and forth for missing information. We take our time to put a complete funding package together as we value the lender’s time, our client’s time and our own time. Many times, the delays are incomplete packages by your broker that slows down the process not the funder.
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