Consumer Finance

Overview of Consumer Finance & Credit Application Links

B T South and most of the equipment manufacturers we represent want to make financing as attractive as possible to help facilitate your purchase of our equipment. The longer the finance term and the lower the interest rate the more it costs and thus customer discount prices for paying in full are often deeper than the discounts offered with financing.

Click below to see available TORO finance offerings:

Toro Individual / Homeowner

Toro Commercial / Landscaper

Apply Now using the following LINKS:

TD Toro Card
We typically use TD for:
• Revolving Credit
We typically use Sheffield for:
• Installment Financing
Synchrony Cutting Edge
We typically use Synchrony for:
• Revolving Credit
We typically use Lendmark for non-prime credit for
• Installment Financing

When filling out a Credit Application:

In our experience it seems most finance companies look most closely at two things:
• Credit Score
• Stated Income
Pay close attention to what is allowed to count in your stated income. Many customers assume it is just their own income that they can show on a W2 or a paystub. But most of the banks we work with allow household income and don't ask for verification of income. Even though you are filing alone, not jointly, this would allow you to down the income of other persons income in the household that help pay the bills. It also frees you to put down side hustle income outside your main job.

Regarding Concerns of Multiple Credit Inquiries:

MYFICO.COM explains finance shopping here:

Hard inquiries are credit inquiries where a potential lender is reviewing your credit because you've applied for credit with them. These include credit checks when you've applied for an auto loan, mortgage or credit card. Each of these types of credit checks count as a single credit inquiry. One exception occurs when you are "rate shopping". That's a smart thing to do, and your FICO score considers all inquiries within a 45-day period for a mortgage, an auto loan or a student loan as a single credit inquiry. This same guideline also applies to a search for a rental property such as an apartment. These inquiries are usually recorded by the credit bureau as a type of real estate-related inquiry, so the FICO Score will treat them the same way. You can avoid lowering your FICO Score by doing your apartment hunting within a short period.


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