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30
Dec

8 Ways to Use a Working Capital Loan for Your Trucking Busin...

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8 Ways to Use a Working Capital Loan for Your Trucking Business

There are many people who turn to working capital loans in order to fund their businesses. It is likely that many of your competitors have also taken out such loans in order to expand their companies. A short-term business loan can help solve cash flow problems that have stalled your growth. Although many other loan types involve complicated application processes, working capital loans are often approved quickly. Here, we will discuss some of the ways that you can use a working capital loan in order to fuel your trucking business. Bridge Payment Delays Some of your business partners may be…

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19
Aug

Here’s What You Need to Know Before You Rent Heavy Equipment

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Here’s What You Need to Know Before You Rent Heavy Equipment

If you have never taken out a heavy equipment loan, or have never rented a piece of heavy equipment, then you may have several questions beforehand. You might be intimidated by the process, as you may not know what to expect. Fortunately, the renting of heavy equipment does not need to be a daunting task. Here, we will discuss what you need to know before you rent heavy equipment so that you will be prepared with the proper questions to ask your heavy equipment rental company. The Environment You should first determine the environment that you will be working in.…

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5
Aug

Considering Your First Truck Lease?

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Considering Your First Truck Lease?

If you are thinking of purchasing a truck, then you will have two options at your disposal: you can get a commercial lease for your truck or you can opt for a truck loan instead. It is also worth noting that both options will allow you to take your truck out on the road in order to transport goods and the like, and both will also require that you make payments on a monthly basis. However, there are a few fundamental differences between the two options. Here, we will discuss what is involved in taking out a truck lease, and…

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