Because one bad mistake from a loser driver will put a small company out of business. Do you want to risk losing your life savings and possibly more? It's a gamble most aren't willing to take for such a low return of investment. Be sure to come back and tell us about your amazing business plan soon.
Owner Operators
Discussion in 'Ask An Owner Operator' started by Solo Soul, Sep 14, 2021.
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Trucking Jobs in 30 seconds
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Don't all the megas already have this program?
feldsforever Thanks this. -
This is not a free gift
It is a low interest loan
I think there are stipulations as to how you use it but I could be wrong
But I certainly wouldn’t use it to get rich quick with a driver
How is it that anyone trying this would have the ability to find that great driver when every other company out here is trying to do the same thing unsuccessfully?
Not trying to rain on the parade but you really need the perfect scenario for this plan to work but my guess is that the perfect driver would either go to a better place, couldn’t get hired anywhere else, or would use you until he got his own truckLast edited: Sep 15, 2021
feldsforever and God prefers Diesels Thank this. -
Because it's a government loan, I don't do government loans.
feldsforever, God prefers Diesels and Midwest Trucker Thank this. -
Sure you do, or most do. Alot over pay taxes then jump for joy getting their money back with no interest as a refund.
You might not do this, but a large amount of the general public do.feldsforever and God prefers Diesels Thank this. -
jamespmack, feldsforever, God prefers Diesels and 1 other person Thank this.
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But wouldn’t that actually be a negative loan?
Your money would at least earn some interest in a bank so if you over paid and simply got back just that amount it’s 0% plus your bank interest lossLast edited: Sep 15, 2021
jamespmack Thanks this. -
jamespmack, feldsforever and GYPSY65 Thank this.
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the sba guarantees the loan, the lender still does their due diligence.feldsforever Thanks this. -
Doesn't Uber have their own forums?feldsforever Thanks this.
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