Why It’s Important to Build Business Credit because your ability to build a positive business credit history reflects your past payment habits and future borrowing potential. Begin building your credit history by taking steps to formally set up…
The fascination with trucking and the trucking industry have long been the inspiration for books. Many bring the flavor and lure of the lifestyle to life in fiction novels that put the reader behind the wheel to experience adventure, romance, and the freedom of the road. Others are non-fiction tomes that can help take the mystery out of an industry to help those interested become a success in this challenging career.
Read this informative blog from Jason Cannon in the Commercial Carrier Journal.
E-commerce. Vehicle automation. Uber. Electric trucks. At one time or another, each one has been crowned trucking’s great “disruptor,” a word so frequently thrown around to describe an innovation that I wouldn’t care to see it banished from the English language entirely.
Purchasing a used semi truck can be the beginning of a lucrative and successful career in the trucking industry. Many individuals aspire to owning their own truck and running their own business. But how do you start to make this dream a reality if you have credit issues or a lack of capital? It is possible. It just takes some thought, planning and action to make it a reality. Here are some ideas on steps you can take to obtain approval for used truck financing.
Loans for a commercial truck and trailer are different than a typical auto loan for a personal vehicle; your local bank won’t offer them. Even banks that advertise their services to small businesses typically refuse to finance trucking companies — trucking has a notoriously high failure rate for new businesses, and banks don’t like risky investments.