Wheelchair Van Financing

How to qualify for Wheelchair Van Financing:

1. Down Payment

Most banks will require a down payment of at least 10% at the time of purchase. If your credit scores are low (subprime), be prepared for them to request a larger down payment.

2. Monthly Payment

What monthly payment can you afford? Here’s a simple way to estimate. Multiply your gross monthly income by 36%. Your total monthly expenses should not exceed this amount.

        Example: Gross monthly income $5000 multiplied by 36% = $1800

        $1800 minus current monthly obligations = amount available for a monthly vehicle payment.

3. Credit Score

Good credit history can significantly lower your loan’s interest rate. Obtain a copy of your score early in your shopping research, so you can plan time to build it up if necessary. The definitions of prime and subprime credit are to the right. Improving even from Deep subprime to Nonprime could cut your interest rate in half.

Wheelchair Van Financing 3 Easy Steps

1. Fill Out the Form Above

Start by filling out the form on this page, and a BraunAbility Finance expert will contact you to help start the application process. You will need to have ready 1) your credit information and 2) your written sales estimate for the vehicle you’ve selected from the mobility dealer. 

2. Same Day Approval

Once the online application is received, BraunAbility Finance will share with third-party financing vendors to provide term and rate options – in less than 60 minutes. Our mission is to provide options that fit your budget window. Advocating on your behalf with the finance sources to provide the best solution is our priority.

3. Sign Documents

BraunAbility Finance will work directly with the BraunAbility wheelchair van dealer to provide all the necessary documents, so you can simply sign and drive away in your new BraunAbility wheelchair accessible vehicle.