Stuck on how to buy truck for driver

Hmmmm, your starting a company but gotta use Loan Mountain to get a truck?

 

Try regular bank financing; some drivers do that.
Check with OOIDA, maybe they have some ideas. www.OOIDA.com is a business website for the owner-operator and small fleet owner.

 

Why wouldn't a driver on w2 not want his credit run?
Or are you just saying you don't have the desired back ground needed to uptain financing?

 

Why company driver to be should have financial obligation to buy company equipment?

 

This is one of those threads that will end badly.

 

ACG Equipment Finance – Accelerate Sales

 

Not as badly as any kind of financial deal or business venture with the OP will end.
Where do these "I want to buy a truck and start a business but I have no money, no experience, and no real idea of what trucking actually involves" people come from?
Never mind, don't answer that.

 

I'm not sure I know how to answer your question because I'm fairly new in this business myself. I bought my truck in July of '16 and didn't really have much to get started on and I financed the whole thing just @ my local bank! People can call me stupid but trucking was in my blood after I had driven for 3 years for a local grain elevator and the pay wasn't enough there to set much aside after what I needed to live on. I had to do major engine work to it now a few months back but my banker was right there for me and we refinanced. I am determined to make it work and I believe with my whole heart it can be! But I'm an o/o. I personally couldn't see myself having to pay a driver on top of truck/trailer payments, insurance, and everything else there is.