This article discusses the pros and cons of consolidating your business debt with a new loan. It will help you determine whether debt consolidation is the right solution for your company. To learn more about this solution, read “How Does Business Debt Consolidation Work?” Advantages Debt consolidation offers seven advantages to small business owners. A […]
Should your Company Refinance its Business Loans?
This article is written for business owners who are trying to figure out if debt refinancing is the right solution for them. The article covers: A simple way to determine if you need refinancing Pros and cons of refinancing Consolidation vs. refinancing Types of debt that can be refinanced How to get the loan Qualification […]
Find Reefer Loads (No Load Board Needed)
The best way to get reefer loads for fresh refrigerated meat and produce is to work directly with shippers. Working with shippers can provide you with regular loads, and it bypasses load boards and brokers. This strategy allows you to keep more money per load, which makes you more profitable. All it takes is a […]
Best Niche Industry for Owner-Operators
Selecting the right market niche is the most important decision you will make as an owner-operator. Pick the wrong market and your days as a business owner could be numbered. This article, written with the help of our friends at Learn to Truck, helps you select the right market. In turn, you will be able […]
Guaranteed Sales And Purchase Order Financing
It’s not uncommon for us to speak to a prospect who is very excited about a large purchase order they just received from a very reputable company. Furthermore, as we review the details of the order, we believe that the order will be a good candidate for purchase order financing because it meets these three […]
Calculate Your Cost Per Mile – Truckers & Owner-Operators
One of the most important things you can do before you start your trucking business is to estimate your “all-in” cost per mile. Knowing this cost, along with estimating how much you will make, enables you to estimate your expected profit. Profit is your most important number. Your profit is how much you keep, after […]
How Do PO Finance Companies Pay Suppliers?
Purchase order financing helps small companies with the supplier costs associated with a large order. It enables small business owners to fulfill large orders and book the revenue. This article discusses how purchase order finance companies pay your supplier expenses. We cover: Why is your supplier asking for a prepayment? Reliable supplier payment methods High-risk […]
Trucking Company Revenue (Rates) Per Mile
One of the most common questions that new owner-operators ask industry veterans is “how much will I make per mile?” Often, they hope for a simple answer, such as $1.50 or $3.00 per mile. The fact is that there is no standard answer. In this article, we help you determine how much you will make. […]
Calculating the Cheapest Diesel Fuel Price (Calculator)
This article is written for owner-operators and small fleet owners. It teaches you one thing: how to choose the state where you buy your fuel so that you can buy it at the lowest possible price. This simple strategy can help you increase your profits without changing the miles that you drive. Most owner-operators buy their […]
How to Make a Successful Trucking Company: 8 Steps
The trucking business can be very profitable, but it is incredibly competitive. Many truckers try to get into the business every year and end up failing. This outcome usually happens to people who are great truckers but are not good business owners. Knowing how to run and grow your trucking business takes more than knowing […]