New Authority CDL-A t/x ,uei, cage,HUB can't finance a box truck?!

Discussion in 'Trucker Taxes and Truck Financing' started by Frompatoga, May 12, 2026 at 10:48 PM.

  1. Frompatoga

    Frompatoga Bobtail Member

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    I timed starting my business very poorly but here I am. DOT and mc number with all proper Insurance in an area where jobs are pleantiful. I have to rent a 26ft box with lift gate from Enterprise by the day plus mileage because I cannot get financing to save my life. I can't even get a preditory loan with bad terms. I am authorized for fed govt work. Have my UEI number and CAGE code. Im a HUB underutilized business and am allowed to apply for all govt grants as a vendor. I'm about to have to go to work for someone else because I can't procure a major credit card with 600 dollar limit to rent the truck anymore. I missed out on 4k worth or loads today alone because I have no assets! Do I just give in and go work for the other guy or do I try and beg borrow and steal to keep my authority and somehow get my 26ft box with liftgate ?

    I feel like a company driver is a much safer bet, but screw safe. I'm tired of working for everyone else. Any advice?
     
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  3. OldeSkool

    OldeSkool Road Train Member

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    I was an owner operator for around 5 years. I realized I still wasn’t self employed really. I just worked for the bank. I worked longer and harder working for myself than I’d ever work for someone else.
     
  4. Ruthless

    Ruthless Road Train Member

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    Take some business courses
     
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  5. Ridgeline

    Ridgeline Road Train Member

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    What is with people who don't provide information and/or research before they get involved?

    Where is the OP?

    She needs a lesson on business which should be a requirement for anyone using government anything.
     
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