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.
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.
In just 3 easy steps, you can explore your financing options.
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.
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.
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.
With locations in every city, you'll have no problem finding the right loan.
View All LocationsIn this guide, you will learn everything you need to know about pricing your products and services, including understanding the Laws of Supply and Demand, how to perform Market Research, common pricing mistakes to avoid, and how to implement proven pricing strategies into your business.
Read moreLearn how your business can survive through a recession. This article goes through the proactive steps you should take to protect your business.
Read moreRunning a retail business is hard enough, but what about searching for financing? Here are a few options to consider when financing your retail business.
Read more
