I moved to U.S. less than a year ago, no collateral, no credit, no co-signer, just established my legal entity and started to rent the office location.
Now I’m wondering how to get equipment (vehicle) financing startup loan? I’m planning to buy 7 passenger cars, not a trucking.
Not going to happen. You’re asking for an unsecured loan and you don’t have residence status yet. That’s a super high risk loan because nothing is stopping you from taking the asset and disappearing and there’s no way for them to recoup it. You’re going to need to save up some money or find a partner to join you as a co-owner in the business.