Anyone ever try getting an SBA loan for their business and then using the money to buy a truck? I know they can be a hassle, but might be a way to get it done.
Does Landstar offers TRUCKS 4 SALE?
Discussion in 'Landstar' started by InternationalTrucker, Oct 24, 2013.
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forgive my ignorance but what is SBA loan?
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I dealt with Navistar in Houston and THEY WERE GREAT!!!InternationalTrucker Thanks this. -
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Navistar is international so I would assume international trucks are what could be financed.
InternationalTrucker Thanks this. -
SBA is Small Business Administration. They do loans for up to 5 million or so to small business's but I think you would need to be established as a business first. Of course as a government program it helps to be minority or woman owned business. I think it would probably work best for someone looking to add a couple of trucks with their own authority.
InternationalTrucker and GITRDUN45 Thank this. -
I would advise against rushing to buy a truck just because you were approved for an orientation. You dont get too many shots to purchase the right equipment at the right price. Esp. on a credit card.
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I know a BCO looking to sell his truck, trailer, and equipment. PM me for info and I'll get the two of you connected.
InternationalTrucker Thanks this. -
I just private messaged you his contact info.
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