Company Growing to fast, FLEET OWNERS PLEASE ADVICE

No troubles , We are all still learning my freind.

 

Call Brian Friedly at Ascentium Capital. 281-883-5058
You can tell him that Ken Grant sent you. He just financed a truck for me, at (what I feel like, is) a pretty good rate. He worked the deal in about a week. He used to work for Beacon Funding.
If you'd rather not call him directly, they have a website, where you can enter your info, and someone will contact you. Just search for Ascentium Capital.
I was referred to him, by a friend in the towing business, and he was also happy with their deal.
Good luck.

 

Wow, those reviews DO suck. lol
Although, I noticed most of them pertain to people who defaulted then #####ed because they couldn't get out of it, or some kind of equipment leasing program. I can't vouch for that. I gave them an amount I wanted to finance and for what, told them how much I was putting down, they got my info, told me the interest rate, and we went from there. I'm sure if I don't pay it, they will give me grief, too.

 

Try Sully Know Financing

 

Money lenders

Try reading the bible on money lenders and credit debt financing lenders borroweres slaves masters god devil etc etc .... you may be surprised at what you learn on those topics.

 

There's a difference between good debt and bad debt. None of it is good is you are borrowing because you have no money. That just means you have bad spending habits and you will then become a slave to the lender. Leveraging your money is a whole different deal. I'm like the original poster, I would rather put down $140k in down payments on a few trucks to grow vs using that money to buy 1 truck outright. But again I have no problem making money in this business with a truck and trailer payment. As a matter of fact when I start growing I'll never own a piece of equipment. All trucks and trailers will be leased, trucks for 3 years and trailers for 6 years. This is the best option for me, but it may not be for someone else. Going this route or putting money down on a few trucks and financing the rest is not the same as being a slave to the lender. I know lots of successful business men that used other people's money to run their business.