Commercial Trucking

The US trucking industry generated more than $700 billion in 2017, a remarkable number that demonstrates how vital this industry is for the wellness of the American economy. It is estimated that more than 7.4 million people are employed in the trucking and transportation industry. The trucking industry accounts for the majority of freight in the country, passing other methods by air, land and sea. Although industry growth is predicted to rise around 3.4% from 2018 to 2023, those who are in the industry or are just starting out have to face the obstacle of financing their own vehicles and equipment.

 

Some of the business costs include:


Purchasing vehicles
Regular maintenance
Parts replacements
Repairs
Payroll for drivers
Certification and licenses
Gas expenses
Insurance

A single commercial truck can cost upwards of $100,000 per vehicle; add to this the costs of repairs, part replacements, and regular maintenance, and one can see how many owners struggle with financing their commercial trucking business. 

Opportunity Business Loans can help you find the best deal when it comes to financing your commercial trucking business. Secure your loan without the hassle of visiting multiple banks and lenders. With just one quick application, you can get connected to a large network of lenders who can provide you with the funding you need to successfully grow and operate your commercial trucking company. 

Get Business Financing Today

In just 3 easy steps, you can explore your financing options.

Step 1: Just one simple application

Start by filling out our fast application where you can tell us about you and your business. With just one simple application, you'll have access to over a hundred different lenders.

Step 2: Match with the best lender

After submitting your application, our advisors will evaluate your business profile and match you with lenders who can offer the best financing for your business.

Step 3: Select and receive the best financing

Review all your different financing opportunities with an advisor at hand. With so many opportunities at your door, you’ll find the best one to meet all your business needs.

We’ll Bring You The Right Opportunity.

We work with only the best lenders to give you a variety of options to choose from. Compare different rates from just one site. Let Opportunity knock on your door!
Apply Now

How to start a laundromat. A simple step-by-step guide.

Table of Contents Step 1: Do Your Research Competitor Research Location Expenses Step 2: Write A Business Plan Step 3: Form A Business Entity Step 4: Buy or Build Your Laundromat Business Buying An Existing Laundromat Building A New Laundromat…

Read more

Overt Discrimination: What is it and how do you handle with it?

Table of Contents Overt discrimination in the workplace Overt discrimination in lending What to do when you are faced with overt discrimination What are the other types of discrimination? Disparate Treatment Disparate Impact Tips for preventing discrimination in your business…

Read more

Top Women-Owned Businesses in Austin, TX in 2021

Baby Greens 1508 W Anderson Ln Austin, TX 78757 (512) 770-6255 Baby Greens has saw a significant increase in popularity since the burger joint started serving made-to-order salads and wraps in 2004. The tiny drive-thru began to grow quickly due…

Read more
All rights reserved @ Personal Loans 2024