If you’re an established owner operator or manage a small fleet and you’re looking to purchase a new truck, you have a few options for financing a truck, however just starting out, purchasing your first truck can be difficult due to lack of established business credit. Lets begin with financing a truck for established businesses; funding […]
Lease vs. Loan: What’s The Best Way To Finance A Big Rig?
When purchasing a new truck or trailer, you’re often faced with the question of whether to lease or purchase the truck or trailer. Depending on your intended use, long-term goals, financing incentives, and tax situation, one method may be more favorable than the other. What’s the Difference? In short, a loan is borrowing money to purchase […]