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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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17
Oct

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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10
Oct

The Importance of Commercial Truck Financing

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The Importance of Commercial Truck Financing

If you own a small business, then transportation may play an integral role in the health of your business. For instance, you may need to transport certain materials across the border or may need to make deliveries that require a reliable semi-truck. Regardless of the reason, there are many advantages to obtaining commercial truck financing. Similar to obtaining a car loan, a truck loan will also require that you put a certain amount of money on the line, albeit the amount will be significantly more in many cases. Here, we will discuss the importance of commercial truck financing and how…

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