How Loans for Truckers Can Help You
Have you ever wanted to be a Billy Big Rigger, or at least have the option to be, with the truck of your dreams? You’re a dedicated truck driver, working on growing your trucking business, and you don’t quite have the capital to take it to the next level. What can you do?
Investing all of your hard-earned cash in the large commercial vehicles, and equipment needed to take this next step can be difficult and probably a bit nerve-wracking especially if you’ve been saving up for a few years. Not to mention the inevitable repair costs… Loans for truck drivers are a safe, and smart first move into new territory for your growing empire.
Loan for Truckers
Truck loans from private lenders are an option worth considering, especially with the difficult and lengthy loan approval process and complex paperwork traditional banks take you through in today’s economy. Worldwide Capital Management will get you approved quickly and hassle-free, and you’ll be on your way to having the trucking company you’ve been dreaming about!
Trucking Business Startup Expenses
Some of the expenses that a trucking loan will help you cover include:
- New driver hiring: training costs if hiring entry-level, and the fees from a recruitment company if you go that route.
- New additions to your fleet
- Truck repair
- Tire repair and replacement
Applying for a loan for truck drivers
If you’re ready now or in the next year to start expanding your trucking fleet, utilizing private, specialized lenders like WCM can offer you the flexible funding you need. We can also help with your day-to-day working capital needs by taking out a working line of credit, which can be used over and over anytime you need it. It’s cheaper than a credit card and great for smoothing out cash flow when you need to worry about things other than money while running your business.
If you’d like to get started making your dreams happen, please don’t hesitate to contact us with any questions you have and we’ll be happy to chat with you! To find out how much you’d qualify for, fill out our simple form.
Learn more about the differences between a line of credit and credit cards and the situations it’s ideal to take advantage of each.