Who to finance with?

With credit like that and little to no experience in the trucking business, you really need to talk to your bank and get a good loan officer you can talk to. Then get you some kind of business plan on paper. Get ready for all the finance companies to come out of the woodwork when you start looking for loans or leases. Good luck and be safe!

 

With credit like that and little to no trucking business, you need to get yourself a business plan on paper then go to your local bank, the people you know, and sit and talk with them. They can probably get you something that would feel right. Most anyone can get financing, higher interest rates and larger down payments makes any thing possible. Good luck and be safe!

 

You might want to wait.freight rates are really low right now.I'm doing better as a company driver

 

Local bank.

 

I was going to say OP is a troll...

 

Who is better for you isn't necessarily better for others. Shop around a few different places. If you go to a dealership believe me, they want you to buy a truck. They will shop around as much as you let them. Just make sure you look at and understand the terms. Also try your bank and if your bank isn't a local bank also try a local bank.

Whoever said freight rates are low is correct. They are low. What does that mean to me though? It means that the less business savvy truckers are struggling and more used trucks will be available because people are fleeing before they "lose everything".

I am having no trouble at all with loads or rates. Why is that? I have go to brokers that value me because I am an asset to them. You have to build a relationship with them and keep them up to date with where you are and where you are heading. A good relationship means that it's give and take. Sometimes the load doesn't pay as much as you desire, but scratch their back and they scratch your back. Understand the lanes and how to stay in them. For example, I can load from Eastern NC to Houston. Then I have a few options. Load from Houston going out West, Houston going back east or Go to the border and load East or West. For me I am still profitable dead heading to the border and loading back east or west. But what I like to do is hook the broker up. I let him know a few days before I'm in Houston and he can get me a small load from Houston to the border and from the border east or west. I don't hassle him about the rate going to the border. Why? Because if I let him make a little money and I just cover my fuel then I will always have a load leaving the border with good rates. This prevents me from sitting and keeps me at the top of his que.