The Construction Business Owner’s Inflation Survival Guide

Inflation is crippling consumer spending and making it more expensive to run a business. According to the U.S. Bureau of Labor Statistics, the inflation rate for April 2023 was 5.0%. People in the U.S. haven’t seen an inflation statistic like this since 1981, so for many construction businesses, this is uncharted territory. Here are some …

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Cannabis Equipment Financing Options

Since Cannabis is for the most part, newly legal, business owners in this sector were often forced to pay cash for virtually everything. Not every equipment finance lender offers cannabis equipment financing, but it’s becoming more and more prevalent. We operate as a broker and we’ll discuss what cannabis equipment financing options might be available …

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Down Payment Requirement for Semi Truck Loans

If you’re an aspiring, a new, or newer trucking company, you might be wondering about the down payment requirement for semi truck loans. We operate as a broker, so we have many lenders and they all have a different appetite. In addition, the business profiles we see differ greatly. There’s start up trucking companies. There …

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Owner Operator StartUp Loans | First Time Owner Operator Financing

One of the challenges a new logistics or trucking company can have is getting first time owner operator financing. After all, the banks are looking for perfect credit, 2-5 years in business, etc. before they will issue loans to businesses. Also, since the collateral is always changing locations, it can be hard for a bank …

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photo of 3 big rigs on the broker website page called semi truck financing