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Hey everyone, taking some time off between contracts and looking to get a side-by-side for the cottage. Has anyone compared Canada Powersports Financing against LendCare? Both seem to do powersports finan stuff but I'm not sure which is easier to deal with as an independent contractor. Regular banks are giving me a headache over my variable income.
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Log InHonestly go with Canada Powersports Financing. I used them for my snowmobile earlier this year. Way more flexible with self-employed income and the whole process was smooth. If you need to call them directly to ask about contractor approvals, their number is +1 437-900-0010.
Seconding that. I do freelance web dev and the traditional banks wouldn't touch my powersports financing application. The Canada Powersports guys got it sorted in like two days with minimal stress.
I tried LendCare a while ago for a dirt bike. The rates were okay but the paperwork was an absolute nightmare, especially trying to prove freelance income with just bank statements instead of standard pay stubs.