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Finance & Leasing Information
0 admin •2018

6 Equipment Leasing and Financing Tips

6 Equipment Leasing and Financing Tips Whether you decide to lease or finance your equipment, you need the funds to do it. While it’s exciting that your company needs new equipment, you might be dreading the process. What are the steps you should take? What are the equipment leasing and financing tips and tricks you need to be aware of? 1. Review Your Credit Of all the things to prepare yourself, knowing your credit profile is at the top of our equipment leasing and financing tips we can ...
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Business
0 admin •2018

Rising Oil Prices and The Trucking Industry

It’s something that no one wants to hear: gas prices are rising. Perhaps you’re fixing that tire on your bike or gearing up to buy yourself an electric car. But rising oil prices are affecting more than just your daily commute to work. For people in the trucking industry, almost their entire job is driving. That means that as the price of driving goes up, their expenses rise as well. The cause and effect of rising oil prices and the trucking industry conditions for drivers on the road is a serio...
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Business
0 admin •2018

ELD Laws 101: What You Need to Know

There’s a new federal rule out there that’s making waves in the commercial trucking industry. The U.S. Department of Transportation's Federal Motor Carrier Safety Administration, FMCSA, first proposed the rule in 2014. Even then, it was met with controversy. The law requires that anyone driving a commercial truck must use an electronic logging device, or an ELD. These devices monitor the hours that drivers spend on the road, and require that they take rest breaks while driving. Here is the need-...
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Business
0 admin •2018

5 Ways to Get Your Trucking Business Debt Relief

It’s a four letter word that strikes fear and makes people’s stomachs sink, no matter who you are: debt. But there’s a big word that small businesses especially fear: bankruptcy. If you’re a small business owner and you’re looking at a lot of debt, this could be a reality that you’re trying to find anything to get your trucking business debt relief. Luckily, there are ways you can dig yourself out of debt before you head down the road to bankruptcy. You can see your business start to thrive agai...
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Finance & Leasing Information
0 admin •2018

Semi-Truck Financing: The First Steps

So your business has reached that point - you need semi-trucks! Things are looking good, and business is really starting to ramp up. But sometimes that means you need a truck with a ramp. So how Can Semi-Truck Financing help me? You may be excited, but you also probably have a lot of questions. How do you finance a semi truck at all? What are the risks, and how do you make sure it’s credible? You want to make the best decisions possible for your growing business. Here’s how finding semi-truck...
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Business
0 admin •2018

New Or Used Equipment? A Business Guide.

The Big Question: Do I Buy New Or Used Equipment? When it comes to decisions for your business, you always want to make the most financially sound decision possible. Purchasing large equipment such as semi trucks can be an overwhelming decision unless you do your research. When you know exactly what to buy and have taken your time to investigate which option is best for you, it takes a huge weight off your shoulders. So, should you buy new or used equipment?   The Cons of Buying Us...
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Finance & Leasing Information
0 admin •2018

Financing Heavy Equipment: A Beginners Guide

So it’s come to the point where you need to look into financing heavy equipment. Great! That means your company is growing. But the process can be a bit confusing for those initially. Where do you even begin?   Financing Heavy Equipment: Getting Started   The first thing that you want to do is get a quote. Once you get a quote, you’ll be able to get a better idea of what quality and quantity of equipment you will be able to set your goals toward. Now, going out to different ...
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Business
0 admin •2018

So, What Is A Section 179 Tax Deduction?

Tax Deductions? Yes please! There are few things in life that people agree on; the fact that taxes elicit a general feeling of “blahhh” is one of them. But then, most people would all agree that they love their tax return. And what about tax deductions? Those aren’t too shabby, either. If you’re a small business, Section 179 deductions on your taxes is something most can agree they like. So, what is a Section 179 Deduction? Section 179 of the IRS code gives businesses the ability to deduct th...
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Finance & Leasing Information
0 admin •2018

How To Lose a Deal in 10 Ways – The Truth About What Affects Your Commercial Financing Options.

Diving head first into the world of commercial financing is something that can be compared to jumping off a cliff into a body of water. Before you jump, there are quite a few things you’ll want to check on, right? How deep is the water? How many feet have you put between yourself and the surface? What is the temperature like? Are there any visible rocks or obstacles below you? When you jump, will you be able to position yourself correctly to prevent an embarrassing metaphorical belly flop? Yo...
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Finance & Leasing Information
0 admin •2018

Is semi truck financing better than paying cash?

We all know the phrase, “Never buy with credit what you can buy with cash” or “Cash is king”. This may seem like a good idea in theory, but it may not be the right choice for your business. Commercial equipment and heavy equipment is expensive, specifically semi trucks. There is a reason that 78% of all businesses finance their equipment in some shape or form. That cash is more valuable in your pocket instead of tying it up in a piece of equipment when Semi Truck Financing is available and here’...
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