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17
Sep

You Can Save Money by Leasing a Truck

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You Can Save Money by Leasing a Truck

If you are thinking of buying a new truck, then you are not alone. Every year, thousands of entrepreneurs purchase trucks because they want to be independent workers that get to travel, or may want to expand their transportation businesses. Regardless of the reason, truck leasing may be the best option for you, as it can save you more money in the long run. For those unaware as to what truck leasing consists of, it is the act of financing a truck without being required to buy it. It will be far less expensive to lease a truck than it…

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5
Jun

7 Questions to Ask Before Taking a Heavy Equipment Loan

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In order to receive a loan for the purchase of a heavy equipment, you need to ask yourself some few questions. After answering the questions, you can choose the right lender and know precisely the right amount you require. Many of the loan borrowers do not have sufficient measures for applying for a loan. Therefore, it poses some doubt to the lender concerning the credibility of the client. When applying for a loan, ask yourself the following questions: What is the Interest Rates? When applying for a car loan, shop around for interest rates. Different lenders will have different car loan interests. Choose the lender who provides an interest rates affordable depending on your budget. How Much Can You Contribute Before Taking a Loan? The trend is that you should contribute more than 20 percent for the total amount of the truck. However, some banks even offer to provide the…

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1
Jun

Benefits of Leasing a Used Commercial Truck

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Leasing a commercial truck is great to way to increase or build your own fleet. When starting or expanding your trucking business, many have the challenge of securing financing. However, leasing a truck doesn’t have to break the bank, plus the benefits far exceed the cost. Truck leasing advantages In many cases, truck leases are not as rigid as customary, finance loan. Many leasing contractors don’t need a down payment or even an upfront security. Flexibility options Your business can benefit from the flexibility or truck leases by getting a tailor-made solution for truck-buying needs. This option adds flexibility to your finances and can open capital for other investments. Higher profits Normally, a commercial truck leases are offered with low monthly payments, therefore you will be able to save more. You can also save when it comes to taxes. This is because leasing commercial trucks will allow you to cancel…

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