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Ben Analyst

How To Start a Trucking Business With No money - Financing options for Startups

13 Apr 2021

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Equipment financing: https://kiploans.com/ Term Loan: https://24hrfastfunding.com/term-loan-line-of-credit-application/ Line Of credit: https://24hrfastfunding.com/line-of-credit-application/  #start_trucking_business #start_ trucking_company #Truck_financing  Sign up For Business Analyst Tutorial at : http://sfbatraining.com/  In today’s video, we are going to talk about How to start a trucking Company with no money? According to Indeed, an owner operator truck driver's gross pay averages $290000 per year, but expenses can run over 50% percent. Thus the average owner operator pay drops to around $80,000 to $100,000 take-home. Many independent truck drivers sign with a carrier to get consistent work. Trucking can be lucrative, no doubt. It’s also guaranteed to require a fair amount of capital to start a trucking company—a commercial truck costs around $80,000, after all. Then, of course, there’s the capital that goes into keeping your fleet operating at peak performance. Unless you’ve got deep pockets or private investors, odds are that you’ll need a bit of extra financing to start your trucking company, to grow your business, or to keep things running smoothly.  Today I am going to talk to you about 3 of the best programs for people looking to start a trucking company but do not have required capital.

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