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9
Sep

Things to Know About Truck Loan Requirements

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Things to Know About Truck Loan Requirements

If you would like to obtain truck financing, then you should know that obtaining a commercial truck loan is more complicated than getting a loan for a conventional vehicle. Many people quickly become overwhelmed by the number of rules, regulations, and general red tape involved in trying to get a commercial truck loan. However, it doesn’t need to be an arduous or confusing ordeal, as taking the time to review your options, and go over your financial data, will increase your chances of getting a truck loan. In some instances, you may need to go through some legal proceedings to…

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15
Oct

4 Important Hurdles to Consider when Moving Heavy Equipment

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Heavy construction equipment is part of the day-to-day operations in most heavy-duty manufacturing factories and companies. Whether it is a company seeking to expand its manufacturing processes by adding more construction equipment, or just an abnormal cargo, sometimes heavy equipment needs to be transported from one point to another. Transportation of such heavy equipment needs meticulous planning to avert disaster. The safe delivery of the equipment to the destination depends on many factors. Here are some things to consider when moving heavy equipment. Evaluate the Specs of the Equipment The first hurdle you have to go through is evaluating the specifications of the move. These will be the distance that needs to be covered, the timeline on which the equipment needs to be transported, and the personnel who need to be involved in the process. More importantly, you have to evaluate the equipment being transported. This evaluation should feature the…

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1
Oct

5 Lies Heavy Equipment Finance Companies Tell You

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So you’ve found yourself needing to finance heavy equipment. No matter the scope of the project, you’re probably wondering how to find a company you can trust. Many people will take out a contract with a company, put down a deposit, and then find out that the terms for their truck loans have changed. If you know what red flags to watch out for, you can avoid being sucked into one of these schemes. It’s common for people to pass a credit check, sign a contract, pay their deposit, and then be told by the financing company, “Actually, it’s going to be more money than we originally told you.” By this time, you’ve already chosen your equipment, and you don’t have the time or money to look for another company. So you just take the bad deal and move on. To avoid this scenario, you should always be aware of…

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