As you’re well aware, the greatest investment in your transportation business is your trucking equipment. Whether you are a trucking company owner, lease-to-own operator, or independent contractor, you want to make the most of this investment. But over time your investment will become to expensive to maintain. How do you know when it is time […]
Financing Your First Big Rig
You’re probably familiar with the process: you walk into your local car dealership, peruse the lot, and are pounced on by an eager salesperson. After a bit of chit-chat, you take the car out for a test drive, pop the hood, and you might even do some quick research online on your phone to see […]
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 […]