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9
Mar

Working Capital Loans: What, Why, and When

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Working Capital Loans

Working capital refers to the money that a company uses to cover its rent, as well as its payroll, supplies, utilities, and other related daily expenses. Businesses will sometimes run into cash flow issues and may require a short term loan to help them get through a difficult financial situation. When this happens, they may turn to a working capital loan to pay for their expenses until they get back on their feet. Here, we will delve into the benefits of working capital loans, as well as the types of working capital loans available to businesses, and when to apply…

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24
Jul

Benefits Of Solo Driving

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Whether you’ve recently decided to become a truck driver or have been exploring the great North American roads while hauling a trailer for decades, it’s always refreshing to get a new perspective on the benefits of a solo trucking career. Although there are thousands of people who choose to drive in a fleet as a part of a team, there are distinct advantages to exploring the open road on your own. Plenty of space As a truck driver, the cab is your personal space. You keep your clothes here, food, blankets, and will likely sleep there during the majority of nights while on long hauls. It’s your home away from home, and inviting someone into it can be hard for certain people. When you ride with a partner, you have to separate the space available, create boundaries and rules so that you are not getting in each other’s ways or…

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14
Jul

Getting a Truck Loan After Bankruptcy

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While no one wants to entertain the possibility of ever going bankrupt, the reality is that sometimes life can deal a crushing blow to the extent that you find yourself deep in debt and unable to pay back creditors. You can definitely rebuild your credit worthiness over time post-bankruptcy, but the difficult process of achieving a respectable credit rating or re-establishing creditworthiness, need not hinder your truck loan options. Bankruptcy is not a permanent hindrance to getting a loan Even if you’ve been forced to file for bankruptcy, you can qualify for truck loan credit at reasonable rates. While truck loan rates will generally be a little bit higher than they would be if your credit rating was strong, you’ll still qualify for affordable options that will allow you to get a vehicle and start your career towards a stronger future. At Truck Loan Center, a division of RB Leasing,…

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