Note: Unfortunately, we have paused Vehicle Sharing Loans due to high volume. We are still doing Personal Loans you still would like to proceed. But for the time being, Vehicle Sharing Loans has been paused.
Please fill in your info on The Waitlist if you would like to be notified once we resume Personal Vehicle Sharing Loans.
Once we resume you will have the option for Vehicle Sharing Refinancing.
With financing built for Turo hosts, Tenet makes it easy for you to scale your electric vehicle fleet and increase your earnings.
Note: For Individual Vehicle Sharing Loans, the loan still goes on your personal credit, not that of your business, if you have one. If you want the loan to go on your Business Credit, please proceed with a Business Loan.
Program benefits:
Take advantage of Tenet's Deferred Payment Option, in which our clients lower their monthly payment by about $200/Month!
Finance up to 6 vehicles (Eligibility).
Individual Requirements:
Screenshots from The Turo platform, indicating that you have been a host for the last 6 months.
Submit your business income from Turo as part of your income verification.
For your second Tenet-financed vehicle and beyond, you must show (via Screenshots from The Turo platform) that your existing Tenet-financed vehicles are earning at least $1,200/month in revenue. In addition to meeting this $1,200 per month of recurring revenue requirement, all applicants must provide Tenet with “proof of income” documentation.
