Toyota Business Solutions at Handy Toyota of St. Albans, VT
New Toyota Vehicle Vehicle Credit Lines and Fleet Vehicles for VT Businesses

If you are shopping for new Toyota cars, trucks, SUVs, or minivans for your business in the St. Albans, Vermont and greater Burlington area, come into Handy Toyota at 39 South Main Street today to speak with our finance manager Sam Farrar or simply send him an email and you can apply for a Toyota Business Solutions Vehicle Credit Line (VCL) through Toyota Financial Services, giving your business a $100,000 vehicle credit line towards new Toyota vehicle purchases.

Sound appetizing?  If having the ability as a qualified business to get a $100,000 vehicle credit line for new Toyota vehicles sounds like it would benefit your business?  Continue reading the information on this page and you will see a comprehensive breakdown of the required documentation needed to be considered for a vehicle credit line through Toyota Financial Services, Toyota Business Solutions, and Handy Toyota of St. Albans, VT, including the various types of businesses (LLCs, Sole Proprietorships, Corporations, etc.).

If you're already well versed in what type of business you are and the paperwork required to make it legal, jump to our Toyota Business Solutions Finance and Lease Options page for information on new Toyota vehicle financing and lease options qualified businesses can expect when approved for a Toyota Business Solutions vehicle credit line.

Finally, if all of this information below is already well known to you or perhaps you just want to jump into the "can Toyota Business Solutions work for me?" use our Toyota Business Solutions contact form to request info, schedule a meeting, and generally get the ball rolling.

What is a Toyota Business Solutions Vehicle Credit Line?
Toyota Business Solutions by Toyota Financial Services (TFS) allows qualifying companies that open a minimum of $100,000 credit line or vehicle credit line (VCL) towards purchasing new Toyota vehicles.  This can really come in handy, for example, when buying a new Toyota Sienna minivan for your flower delivery business or a new Toyota Tundra for your construction business, or whatever your Toyota vehicle needs may be.

Once approved by Toyota Financial Services (now through January 5, 2013) you can apply your VCL towards the purchase or lease of a new Toyota car, truck, van, or SUV.  Business that qualify can then apply the rebate towards the down payment of a Toyota vehicle purchase (on a retail and/or preferred option contract) or use the rebate towards to the Capitalized Cost Reduction of the new Toyota lease.

How can my business get the $100,000 vehicle credit line?
Pending approved credit, the VCL can be received and applied to select new Toyota's by meeting the following requirements are met:

1. Meet the criteria to be a Toyota Financial Services Business Solutions customer including acceptable credit (fill out the TBS contact form for details)
2. Qualified businesses must open a minimum vehicle credit line of $100,000 with Toyota Financial Services
3. Finance a new, untitled Toyota car, truck, SUV, or minivan within the program period date as above

Once my business is approved, how long does the VCL last?
At Handy Toyota of St. Albans, VT, we are thrilled to have your repeat business - both in terms of retail customers and business customers alike, which is why we offer this great program.  Since this is a lengthy approval process it actually does tend to take longer to get approved than a non-business consumer purchasing or leasing one new Toyota vehicle, approved businesses that qualify for a Toyota Business Solutions Vehicle Credit Line get to keep that VCL open for twelve (12) months from the initial date of acceptance, greatly reducing the length of the Toyota vehicle purchase or leasing process for your business' future new Toyota vehicle needs.

What is a brief, general breakdown of how the business solutions' approval goes?
To be considered for a Toyota Business Solutions VCL approval, the following must apply:

1. Your business must be approved for $100,000 vehicle credit line through our dealership and the contract must originate from our dealership
2. The applying business must be a legal entity:  a corporation, general partnership, limited partnership, limited liability company, or sole proprietorship
3. The business customer must finance one or more new, untitled Toyota vehicles within the stated eligibility period after being approved for a VCL by Toyota Financial Services
4. The business must be listed as the primary buyer or lessee on the contract

This all sounds great, but what documentation do I need?
Depending on the type of business you represent, documentation is likely to change.  Here are some examples of business types and appropriate verification and documentation thereof for each.

1.  Sole Proprietorship

1.  Verification

1. A copy of Fictitious Name Filing or verification of active name from a County Website
2. A copy of an applicable "Schedule C" from your business's most recent tax return to support existence of the sole proprietorship
3. A copy of the proprietorship's current Business License

2.  Documentation

1. A signed Business Credit Application
2. The name of the business with the primary owner listed as "co-signer"
3. The signature of the Proprietor's name

2.  Corporation

Verification

1. A copy of the Articles of Incorporation form or verification of active name from SOS

2.  Documentation

1. A signed Business Credit Application including the business's Federal Tax Identification Number
2. The legal name and trade name of the business
3. A signature of the business's Legal Name by an officer or director
4. A Corporate Resolution and Incumbency Certificate

3.  General Partnerships

1.  Verification

1. A copy of the Partnership Agreement
2. A copy of the Fictitious Name Filing or verification of an active name from a County Website

2.  Documentation

1. A signed Business Credit Application with the business's Federal Tax Identification Number
2. The Partnership Name and Trade name
3. A signature of a Partnership Name by Partner
4. A Partnership Resolution and Incumbency Certificate

4.  Limited Partnership

1.  Verification

1. A copy of the Partnership Agreement or verification of an active name from SOS
2. A copy of the Fictitious Name Filing or verification of an active name from a County Website

2.  Documentation

1. A signed Business Credit Application with the business's Federal Tax Identification Number
2. The Partnership Name and Trade name
3. A signature of a Partnership Name by Partner
4. A Partnership Resolution and Incumbency Certificate

5.  Limited Liability Company (LLC)

1.  Verification

1. A copy of the Articles of Organization or verification of an active name from SOS

2.  Documentation

1. A signed Business Credit Application with the business's Federal Tax Identification Number
2. The Partnership Name and Trade name
3. A signature of a the legal name by the owner
4. An LLC Resolution and Incumbency Certificate