Business Loan for Owner Operator
Discussion in 'Trucker Taxes and Truck Financing' started by Wareagle38, Nov 12, 2015.
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Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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Use the SBA. lot of paperwork but heck big brother knows all about your business already.
bigred81 Thanks this. -
Many banks offer SBA loans and will work with you to get the paperwork done correctly.
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I just completed an SBA loan application and was approved.
SBA loans are made through banks. You still have to meet the bank's lending requirements and qualification standards. The banks that make these loans are mitigated for up to 75% of the loan in the event the borrower defaults on the loan.
The SBA forms I was required to fill out were really limited and somewhat redundant. However, there was nothing to it, really.Last edited: Nov 22, 2015
bigred81 Thanks this. -
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Hennyhenn Thanks this.
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Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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