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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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20
Jul

Financing a Food Truck in a Tough Economy

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Food truck financing

Starting a new business always comes with challenges, especially in the food industry. However, if you have been dreaming of your food truck, the idea of doing so in a tough economy can be daunting. Many people had big dreams before COVID-19, but those hopes got put to the side during the lockdown. As the government loosens restrictions, you can start to dream again but, with experts warning of a possible recession, you’ll have to approach your dream with caution and a good strategy. Statistics show that the mobile food industry has been growing quickly. The industry increased from $800…

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6
Jul

Different Ways to Finance a New or Used Truck

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Financing options for new or used truck

When your business relies on the quality of your vehicles, you may often find yourself in the market for a new truck. It’s important to know that you don’t need to wait to add a reliable vehicle to your fleet. There are several options you can choose from to cover the costs if you require a new or used truck. Getting a new truck for your company can seem daunting, but it doesn’t have to be. You don’t need to worry about having enough cash to pay for the vehicle. There are financing options that you can find to suit…

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