Creative financing ideas?

Discussion in 'Ask An Owner Operator' started by Plowboy92, Dec 16, 2020.

  1. OldeSkool

    OldeSkool Road Train Member

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    You also have to have a trailer unless you’re leasing one or have something else worked out. Any bank I know of requires 20% down for each one, or collateral that makes up the 20%. Also most insurance requires a good chunk down to get started with commercial insurance and diesel can easily be $1,000+ weekly. You will burn through thousands of dollars before you ever get the wheels turning and began to think of those breakdowns. Not to be discouraging, but it takes a lot of money to get started. A few thousand doesn’t go anywhere.
     
    feldsforever Thanks this.
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