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Semi Trucks, Truck Financing
0 TopMark Funding •2019

No Credit Check Semi Truck Financing

The phrase “no credit check semi-truck financing” sounds like a dream come true for some people looking for a new truck. What it means is an individual was able to get a loan for their vehicle purchase without having the lender looking into their borrowing history. The big question here is.. Does no credit check semi-truck financing even exist?   Acquiring commercial truck financing that way is not completely impossible, but it is not necessarily easy to do. Additionally, you may find your...
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Guides, Truck Financing
0 TopMark Funding •2019

The Truckers Guide to Understanding Credit

Whether you’re looking to financing a new or used commercial truck or thinking about getting a loan for your business, the credit world can seem overwhelming. A lot of drivers want to get their business needs and want to be organized in a fast efficient way. The spider web that credit, loans, financing, good credit, bad credit create can be tough to sort through. In the worst situation, you could find yourself stuck in a bad spot with things like high-interest rates or big fat declines. Learn mo...
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Commercial Trucking, Semi Trucks
0 TopMark Funding •2019

What is The Weight of Diesel Fuel?

Every truck should know the weight of diesel fuel. How much does a gallon of diesel fuel weight? When a normal driver passes a truck on the freeway, they don’t really think twice. They might think they want to speed up to pass it, or that they’re getting their view blocked. They don’t think about all the logistics that go into the truck driver’s route, and they definitely don’t think about the weight of diesel fuel.   Any truck driver who has ever set out to plan for their long-distan...
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Guides, Semi Trucks
0 TopMark Funding •2019

How to Become a Truck Driver

Choosing your career is, obviously, a big decision. Your career isn’t just another job, it’s something you might do for the rest of your entire life. When you’re trying to see if you should start a truck driving career, you’ve got to know where to begin with such a big decision.   Where do you start? Where will you end up, and what are the steps you need to take to get your career on the road? The good news is you can start right now to prepare yourself for a future as a truck driver....
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Guides, Semi Trucks
0 TopMark Funding •2019

Best Semi Trucks

What Are The Best Semi Truck Brands We get asked this question all the time, what is the best semi-truck? Or what's the most popular semi-truck? To help answer those questions we've put together a guide of the best semi trucks brands in the United States. We've also included a guide of the different styles of semi-trucks and semi-truck trailers. Plus, other frequently asked semi-truck questions.   Here's our list of the top 5 best semi-trucks. Listed 5 through 1. Scroll down to see w...
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Commercial Trucking, Guides, Regulations, Semi Trucks
0 admin •2019

The Ultimate Weigh Station Guide

Weigh stations are a part of a trucker’s career and there is little way to avoid them entirely. Most drivers would agree that they just want to be on the road and on their way rather than stopped at a weigh station waiting for their turn to roll over the scales. Additionally, the absolute last thing truckers want is a DOT inspection or that dreaded red light while they are trying to deliver a load.     So, what’s the deal with weigh stations anyways?   The Weigh Station Basic...
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Commercial Trucking, Semi Trucks
0 TopMark Funding •2019

How Much Do Truck Drivers Make

How much money do truck drivers make per year? When you’re considering a job, perhaps the most important question of all is how much money you will make. The same goes for the trucking industry, and the answer is a little less straightforward than a simple salary amount.    There are about 3.5 million truck drivers in the United States right now, a number that is rapidly growing. That means that almost one in one hundred people are truck drivers. With statistics like that, it’s safe t...
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Guides, Semi Trucks
0 TopMark Funding •2019

10 Longest Highways & Interstates in America

Ever wonder what the longest highways in the United States are? We put together a list of the 10 longest highway & interstates in America based on miles covered.   As a trucker driver that spends countless hours hauling freight and goods all over the nation, you’ll probably be very familiar with these historic highways. Heck, you may even be driving on one of these highways right now or in the near future. We ranked the longest highways from 10 to 1. 10. US 12   Cons...
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Guides, Semi Trucks
0 TopMark Funding •2019

What is a Semi Truck?

What is a semi truck? In North America, the combination vehicles made up of a powered truck and one or more semi-trailers are known as "semis", "semi-trailers", "tractor-trailers", "big rigs", "semi-trucks", "18-wheelers", or "semi-tractor trailers" and “semi-trailer trucks”.   The tractor unit typically has two or three axles; those built for hauling heavy-duty commercial construction machinery may have as many as five, some often being lift axles.   The most common tracto...
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Commercial Trucking, Guides, Semi Trucks
0 admin •2019

Best Load Boards for Truckers

The cornerstone of trucking is finding loads to haul and having a consistent list of customers to haul for. That being said, load boards can be a vital resource for truckers to find work easily without the stress of person to person networking, outreach, and contracts. So, what are the best load boards for truck drivers? This guide will help you with finding the best premium or free load board for you.   Having such an accessible online venue for work allows truckers to get work easil...
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Guides, Semi Trucks
0 TopMark Funding •2019

Most Popular Semi Trucks in America

What are the most popular semi-trucks in America? This list is the top-selling brand based on market share and commercial vehicles sold in the United States. Read this article to learn more about the different trucking brands. Please comment below and let us know which is your favorite semi-truck brand.   1. Freightliner   Freightliner Trucks is an American truck manufacturer and a division of Daimler Trucks North America. The division is known mainly for the heavy-duty cla...
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Semi Trucks
0 TopMark Funding •2019

Automatic vs Manual Transmission for Semi-Trucks

Automatic vs Manual transmission for semi-trucks - What Do You Prefer to Drive? Perhaps the most crucial part of a semi-truck is its transmission. In 2018 for the automotive industry, only 2 percent of the cars that were sold were manual. While manual transmissions are much more prevalent in semi-trucks, there’s still a movement toward automatic transmissions on the rise.   Is there a clear-cut answer when it comes to automatic versus manual transmissions for semi-trucks? The answer i...
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Guides, Semi Trucks
0 admin •2019

Top 11 Trucking Apps in 2019

We've put together a list of the top 11 trucking apps in 2019. These are the best apps for trucks. Every truck driver should have these apps. And most of them are for free!   If you’re looking for the best trucking apps to make your life easier, we’ve got that list for you. Instead of having to waste time downloading, trying out, and deleting a bunch of new and fancy looking applications in the iTunes App Store or Google Play, you can just easily scroll and skim this fancy list and se...
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Guides, Semi Trucks
0 admin •2019

Top 100 Trucking Songs Of All Time

Truck driving isn't just a job, it's a lifestyle, it's a passion, it's a culture. Truckers have their own language, movies, jokes, and even music. So when it comes to music, there are few things better than being on the open road with your favorite song turned up. To honor that, we made a list of the Top 100 Trucking Songs that capture that feeling best.   Just for you, you can listen to Top Trucking Songs playlist right now on Spotify!   If you don't have Spotify, we even ...
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Guides, Semi Trucks
0 TopMark Funding •2019

Different Types of Commercial Trucks & Vehicles

What are the different types of commercial trucks and vehicles? This article will cover the most popular and common commercial vehicles on the road today in the USA. Semi-Trailer Truck A semi-trailer truck more commonly known as a semi-truck or simply "semi" is the combination of a tractor unit and one or more semi-trailers to carry freight. A semi-trailer attaches to the tractor with a fifth-wheel coupling (hitch), with much of its weight borne by the tractor. The result is that both the trac...
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Guides, Semi Trucks
0 TopMark Funding •2019

Different Types of Trailers for Semi Trucks

This article will cover the different types of trailers for semi-trucks. So, what is a trailer? What are the different types of trailers for semi-trucks? A semi-trailer is a trailer without a front axle. In the United States, the term is also used to refer to the combination of a truck and a trailer also called a tractor-trailer.    A large proportion of a semi-trailer's weight is supported by a tractor unit, or a detachable front-axle assembly known as a dolly, or the tail of another...
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Guides, Semi Trucks
0 TopMark Funding •2019

Best Truck Stops in America

We have created a guide for the best truck stop in America. Based on our opinion on the feedback from our clients, trucking friends, and our travels throughout the United States. We would love to hear your opinions in the comment section below. It will help us create our 2020 guide of the best truck stops. 1: Iowa 80 - Walcott, Iowa A place where people want to stop. On the eastern edge of Iowa, not far from the Mississippi River, adjacent to the small town of Walcott, you’ll find a place like...
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Regulations, Semi Trucks
0 TopMark Funding •2019

FMCSA is Announcing a Proposed Rule Changes

Federal Motor Carrier Safety Administration Publishes Hours of Service Proposal to Improve Safety and Increase Flexibility for Commercial Drivers WASHINGTON – The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) today published a notice of proposed rulemaking (NPRM) on changes to hours of service (HOS) rules to increase safety on America’s roadways by updating existing regulations for commercial motor vehicle (CMV) drivers.   “This p...
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Business, News, Semi Trucks
0 admin •2019

Is Amazon Undercutting the Entire Trucking industry?

Amazon Vs the Trucking Industry   Free two-day shipping was just turned into free one-day shipping. It seems almost too good to be true, but it is what Amazon Prime is offering its members.   While they were unveiling their new speedy shipping, Amazon discreetly unveiled their freight brokerage platform. You can see the new service at freight.amazon.com. They advertise that you can “[t]ap into the scale of Amazon as we extend our carrier network to give you the best-in-class ...
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News, Semi Trucks
0 TopMark Funding •2019

Hot Topics in Trucking [2019]

If you want to get ahead in the trucking game, you have to know the ins and outs of the industry. As an owner-operator, you especially need to keep your head in the game with the news of hot topics. That way, you can always be creating a strategy for your business. Of course, there’s no shortage of hot topics out there. Here’s just a few to keep you up to date when it comes to your field. Truck Driver Parking Owner-operators might already be aware that semi-truck parking is difficult. T...
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Finance & Leasing Information
0 admin •2019

Find The Best Loan For Your Business

Find The Best Loan For Your Business: The Basics Small business owners know the struggle that can possibly come with finding the best loan for your company. If you’re a  business owner, you may have already attempted to go through your local bank to try to secure a loan. The result? Maybe you were hit with a big fat “not approved.”   Well, the good thing is is that there are other options and resources you out there for you. With due diligence and research, you can get a great busine...
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Business, News
0 admin •2019

Semi Truck Fleets Are Getting Better Fuel Efficiency

Gas prices. There are few things that can make you groan as much as passing by a gas station and seeing that high price tag on gas. If you run a semi truck or are looking to finance one, the same goes for you, but double. Big Rigs aren't known for their fuel efficiency.    Just a decade ago, truckers didn’t have to put much thought into mpgs. Now, technology has come an extremely long way. Fleets focused on fuel economy are not only here, but they’re also necessary.   Breakin...
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News
0 admin •2019

7 Biggest Trucking Industry Trends For 2019

Are the current trends in the trucking industry going to change the way that you do business? Whether you like it or not, it probably will. Pausing between your day to day operations to study the current semi truck industry trends will make your day to day operations more smooth. When you’re ahead of the trends in the transportation industry, you can focus on growing your business instead of having to play catch-up.  Top Trucking Industry Updates of  2019 While speaking at a recent NationLease...
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Finance & Leasing Information
0 admin •2019

Starting a Small Business Tips You Haven’t Heard

The Sneaky Tips of Starting a Small Business Starting a small business. Overwhelming might be the understatement of the century. But you’re out there doing it - and that’s more than can be said for most people.   You’ve probably searched the internet extensively for tips on how to start and run your small business. You’ve consulted with people, you’ve asked all the right questions. After a while, you might feel like you’ve started to uncover the same tips over and over again. Hopeful...
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Finance & Leasing Information
0 admin •2019

The 5 “C’s” of Applying for Small Business Loans

The Small Business Lending Index has some good news for you as a small business owner. Small business loans have reached their highest approval rate yet. The strong economy and overall optimism for small businesses is to thank, and your probability of getting a loan has never been better.   Biz2Credit CEO Rohit Arora directs the research done monthly with thousands of small business credit applications. “The economy is still strong, and small-business optimism is high,” he says. “Smal...
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Finance & Leasing Information
0 admin •2019

Why the Future of Driverless Trucks Aren’t Driverless

People have been dreaming up the self-driving car since the 1920's, with the first semi-automated car actually coming into the picture in 1977 in Japan. This car could go 19 miles per hour supported by an elevated rail, and needed to run on specially marked streets. From then to now in 2019, you have probably heard quite a bit about driverless trucks.   We’ve come a long way since then. You’ve probably heard of self-driving trucks zipping through the country already. But the technolog...
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Finance & Leasing Information
0 admin •2019

Equipment Leasing: Why You Should Consider It

You need new equipment. You have a tight budget. But you can’t work with outdated machines. What are you supposed to do? There comes a point for every business where you eventually have to think about leasing, financing, or taking out a business loan. It’s time to think about why you should consider equipment leasing. Top Reasons to Go With Equipment Leasing When you choose an equipment lease, you’re agreeing to rent equipment for a specific amount of time instead of buying it outright. You’ll...
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Business
0 admin •2019

Grow Your Small Business: Equipment Financing

When you’re just starting out, the business world is a scary place. You have marketing plans, employees, insurance, money, and just about everything on your mind.     Equipment financing should be easy and simple. And it shouldn’t be something that you skip out on due to fearing that it will take too long or it isn’t worth it.   Lets You Operate as Usual While Your Small Business Grows Your day to day operations could be severely limited if you’ve paid upfront and out of...
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News
1 admin •2019

The Trucking Industry: 7 Facts You Definitely Didn’t Know

Trucking Facts: What You Don't Know The trucking industry is worth an estimated 7 billion dollars! It's a huge, sprawling business. Without a doubt, there are some pieces of information and trucking facts about the industry that you haven't heard yet.   The United States is extremely dependent on the trucking industry; the truck drivers around the world keep the industry alive and well. Additionally, trucking is the lifeline for almost three-quarters of all American goods. So what ar...
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Finance & Leasing Information
3 admin •2019

A Short Term Business Loan Could Be the Answer

Short Term Business loans. What kind of associations do you make when you think of them? Five years, ten years of contract? Or one that you feel like you're going to be paying back for as long as you live. So, what would a short term business loan mean for you? These are loans that last from three months to about 24 months. They're more flexible! Also, they are less daunting for the long run of your business. Focusing on specific loan type and customizing them to what best fits your busine...
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Finance & Leasing Information
0 admin •2019

Lending Trends That Are Increasing Your Chance of Getting a Business Loan

Time to Focus on Getting a Business Loan There are a lot of ups and downs in the small business lending market. There are recessions, recoveries, and times of increase. But through it all, you need a business loan you can trust.   Luckily, the landscape right now is looking good. It’s a great time to get a business loan! Your small business is fairly likely to get approved.   The Recession is Over 2007 and 2008 were years of hard financial crisis. Small businesses were struggling...
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Finance & Leasing Information
0 admin •2019

Why a Small Business Get Rejected for a Loan

Avoid Business Loan Rejections: Your financial standings are the most crucial part of your business. You know you need to be set up to get a business loan. As a small business owner, there are probably some things already standing in your way. But don’t let yourself be your own worst enemy. There are many things you can do to prevent yourself from receiving a disheartening business loan rejection.    Forgetting or Withholding Collateral You can look at it this way: whenever someone ...
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News
0 admin •2019

Some Say the Truck Driver Shortage Doesn’t Exist

If there are 1.8 million drivers insisting there's a truck driver shortage, it would be easily taken as fact. But what about the truck drivers looking at their huge force and saying, what shortage?   But if you’ve been listening to the news, everyone else is saying that the truck driver shortage in America is extensive. Warning bells have been going off in the industry for years. The American Trucking Association says that America is short 50,000 truck drivers and by 2026, 898,000 ...
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Regulations, Semi Trucks
0 admin •2019

ELD Laws and Personal Conveyance Time

What do drivers need to think about their personal conveyance time? And how do ELD laws affect that time?   Well, they’re being told not to overthink. Which is a good thing?   Personal conveyance time is the time that a driver is spent traveling to a location to rest, moving a truck during the driver's off-duty time if it’s required, eating or more. The “more” is where it can get confusing. What should be counted as a personal conveyance time?   Drivers and Persona...
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Finance & Leasing Information
0 admin •2019

5 Habits That Effective Loan Borrowers Follow

The Methods of an Effective Loan Borrower Congrats, you got your business loan! Now, you want to be the most effective loan borrower that you can be. That way, when you go to borrow in the future, you’ll be approved right away because you were so successful with your last venture.   You’ve already got your loan. So what do you do from here?   Maintain Your Credit Score Discipline, discipline, discipline. Did we say discipline? Credit is an utterly crucial part of your bu...
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Business, News
3 admin •2019

The Trucking Industry is Trying to Attract Unconventional Drivers

You’ve heard the news: the trucking industry is growing low on drivers. With life-long truckers nearing retiring age, the drivers in the field are starting to dwindle.    Not only that, young people aren’t stepping up to replace the jobs of the retirees. Even with huge bumps in salary offered to them, the long hours of driving just don’t seem attractive to young talent in the emerging workforce. And the overall need for truckers, with more and more goods getting produced, the demand i...
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Finance & Leasing Information
0 admin •2019

The Biggest Equipment Loan Myths You May Believe

Equipment Loan Myths Busted: There’s a lot of conflicting information out there. When it comes to getting the equipment loans your business needs, you want to get right to the heart of the matter. So, let's take some time to sort through all these equipment loan myths and tales. Hey, you might think you know everything that comes with trying to get an equipment loan. But what if there is some stuff you believe that's not true? It might be holding you back. The truth is, financing misconce...
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Finance & Leasing Information
1 admin •2019

Amazon Wants To Start Your Own Delivery Company

It's safe to say a lot of people wouldn’t hesitate to take a job that pays $300k a year. Do you want that opportunity?  This is the question that Amazon is now asking. They’re asking it to everyone! Why? To find more people to deliver their packages. From experienced truckers, to someone whose never operated heavy equipment in their life, Amazon is looking for people to take part in their own Amazon delivery service.   Amazon Delivery Service Partners In 2017, Amazon shipped about 5 bi...
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Finance & Leasing Information
0 admin •2019

How Infrastructure Improvements Can Help Save Fuel for Truckers

Truckers Need to Save More Fuel Gas. It’s the thing that we all think about when we drive for a long time (or even a short amount of time). What gas mileage do you get? How much is it going to cost in gas? How often will we have to stop?  And what can be done to help you save fuel?   Well, if you’re a truck driver, you’re driving long distances every single day. And the price of fuel is something you know about all too well.   Congestion is thought to have increased the am...
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Finance & Leasing Information
0 admin •2019

Driver Assist Systems: Do They Always Work?

Operating a vehicle (especially a large semi truck) comes with a lot of responsibility. Often, the main focus for semi-truck drivers is ensuring safety while handling such heavy equipment. Watching blind spots, dealing wind pushing your possibly hazardous equipment, and little cars zipping around? It's a dangerous place on the roads. Manufacturers are looking to help drivers by decreasing the risk of danger and accidents. How? By making things a bit more automated. With the goal of safety in ...
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Finance & Leasing Information
0 admin •2019

How to Get A Loan with a Bad Credit Score

Your company is doing well. Sales are coming in. Production is in progress. Clients are calling. And you’re going to keep growing. You need a business loan to keep growing. But it’s in the back of your mind: you’ve got a low credit score. Try as you might to not think about it, when you go to apply for a loan, it’s going to be one of the first things that most lending companies will notice. But you need your money. So, what do you do? How do you get a loan with a bad credit score? Tips to Get a...
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Finance & Leasing Information
0 admin •2019

Fleet Financing: What To Look for In a Loan

The time has never been better to look into fleet financing. Low-interest rates and high approval rates? That should be music to your ears. This is an optimal time to get your business the equipment it needs. Especially if you’re looking to expand your fleet, it’s almost impossible to fund your vehicles all on your own. You need to keep your fleet reliable, updated, and on an upward trajectory. But every fleet is not alike. You have to decide when you need your vehicles and which ones you ...
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Construction
0 admin •2019

Laws, Tariffs, and the Political Environment are Affecting Construction

What’s on the horizon for the construction industry? New laws and political agendas are constantly affecting the way that the industry has to be run, the projects available, and the amount of money that construction workers are given by the government.   The future of the industry is bright, though. Construction is about 14.7% of the GDP. And $57 trillion dollars in infrastructure needs to be created by 2030 to keep up with the GDP’s global growth. Yeah, that’s trillion. Bills, Bi...
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Finance & Leasing Information
0 admin •2019

5 Signs You’re Ready to Apply for Small Business Financing

Small Business Financing: The First Step The first sign you’re probably ready to apply for small business financing is probably the fact that you’re looking at this article. If it’s on your mind that you might need extra capital to expand your business, congrats! It just might be time. Almost all small businesses apply for a loan at some point or another. Here are a few more signs that it’s time to apply for financing, besides the more obvious ones. Your Credit is Strong Building good cred...
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News
0 admin •2019

Uber Freight Vs. A Billion Dollar Trucking Problem

In what world do Uber and freight trucking go together in the same sentence? This one, Uber Freight. In late 2016, Uber officially announced that it was breaking into the trucking game. The Uber Freight platform allows drivers to find loads and drop them off. It basically matches carriers with shippers and streamlines a process that was much less flexible in the past. So, What’s the Billion Dollar Problem? Often, when truck drivers have to pick up their shipments at warehouses, they have t...
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Finance & Leasing Information
0 admin •2019

Working Capital: How To Optimize Your Funds

Working capital It’s the capital in your business that’s used for day to day operations. It’s a measure of the efficiency of the company and its financial health in the short term. In other words, it your companies assets minus your company’s current liabilities. Yes, working capital is very important. So how do you keep your working capital...well, working? Eliminate Waste Take a careful look at the spending across areas of your business. You could be spending too much money on repairs of yo...
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Business
1 admin •2019

10 Business Loan Requirements You Need to Know

So you need a business loan. Hey, that's a good thing! Your business is growing. It's time to get the capital you need to keep the progress going. But you might find yourself a little bit stuck. What are the business loan requirements ahead of you? Maybe you don't even know the first step of what you need to do to apply for a business loan. Before you apply, get yourself organized and informed. It will make the whole process seem much less overwhelming. Then you'll be ready to keep moving you...
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News
0 admin •2019

Trucking Forecasts in 2019: What to Expect

The new year has arrived and 2019 is upon us. With an eventful year behind us, it’s safe to say that the upcoming twelve months have a lot in store. What does that mean for your business in the trucking industry? Here are the Trucking Forecasts in 2o19. Stay on top of the trends. That way, you can prepare for whatever the next year might throw your way. Trucking Forecasts in 2019 As technology improves, the way that goods are transported changes. That much has been known for decades. But as te...
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News
0 admin •2018

Cleaner Truck Initiative: What does it mean for drivers?

EPA? Cleaner Truck Initiative? Pollution? Through all the new policies and voices, truck drivers and individuals in the transportation industry are feeling the strain of new regulations on their equipment. Poor air quality from traffic can take a toll on the health and wellness of everyone. Currently, pollution from heavy duty trucks is just one issue to keep an eye on. On November 13th, the Environmental Protection Agency launched the Cleaner Trucks Initiative (CTI) in attempts to better air...
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Business
0 admin •2018

DRIVE-Safe Act and the Trucking Industry

What is the DRIVE-Safe Act? Is it necessary?   Well, something’s happening in the trucking industry: fewer and fewer people are signing up. There’s a huge shortage of truck drivers that’s been steadily climbing and doesn’t show signs of stopping. Drivers earn on average about 80,000 dollars. But still, no one wants to do it. The lifestyle is hard, you don’t get to be with your family, and it requires extended periods of alone time.   The driver deficit is slowing down deliv...
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Construction
0 admin •2018

New Construction Technology Trends You’ll See in 2019

The New Construction Technology As the world around us changes and becomes more technologically and electronically efficient, so does the construction industry. If you’re involved in this industry, you’re well aware of how much it’s advanced in the past few decades alone. And we’re right on the cusp of even more new construction technology that’s going to bring about even greater renovation. Augmented Reality No, we didn’t mean virtual reality. We meant augmented reality, where you can lo...
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News
0 admin •2018

How Tesla’s Electric Semi is Affecting the Industry

You know Tesla as the sleek electric cars you see zipping around on the freeways. You know they’re state of the art, all-electric, and sometimes have doors that open upwards - falcon-wing doors. What you probably don’t think of when you think of Tesla is electric semi trucks. But Tesla has indeed rolled out all-electric semi-trucks. Maybe it shouldn’t seem surprising, what with their innovative products like desktop superchargers, plans for underground tunnels, and of course, their cars. Walm...
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Construction
0 admin •2018

Construction Equipment Leasing 101: The Benefits

Bulldozers. Dumpers. Concrete pumps. Forklifts, excavators, backhoes, loaders,  jackhammers. This is just a short list of things business owners in the construction field may need. All that equipment can get expensive... And if you own your own business, there’s a lot of factors for you to consider when it comes to getting the equipment that you need. Is construction equipment leasing right for you? What are the benefits of a heavy equipment lease? Maybe you need new equipment, but are lookin...
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Finance & Leasing Information
1 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
1 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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Construction
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 headfirst 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? You...
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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. It may not be the right choice for you and your business. Commercial equipment and heavy equipment are expensive, specifically semi-trucks.    There is a reason that 78% of all businesses finance their equipment in some shape or form. Cash is more valuable in your pocket instead of tying it up in a piece of equipment when semi truck financing is easil...
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Unsecured Business Loans
2 admin •2017

Unsecured Business Loans: When They Make Sense.

Cash is king.  This expression, some say a favorite expression of self-made billionaire Alex Spanos, can not be understated nor can it likely be disputed by anyone that has ever been responsible for running a business.  This blog is going to discuss the consequences of businesses having a lack of cash and in what circumstances using unsecured business loans can bring more revenue and profit to your business. We know you are busy running a business if you don't have the time (or patience) to r...
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Finance & Leasing Information
2 admin •2017

Leasing vs Purchasing Business Equipment

"Should I lease the equipment my business needs or purchase it?"  This is the question that all business owners ask themselves at least at one point in time, inevitably.  Just like with all business decisions there are trade-offs that come with every decision and that decision’s consequences.   At the end of the day every business owner, CFO, or executive is ultimately just trying to maximize profit, right?  There are definitive pros and cons of leasing versus purchasing business equi...
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