Trucking Business Finances

How to use working capital for trucking business, How to make trucking business profitable, Measuring truck expenses etc

What you'll learn
Ways to use a working capital loan for your trucking business
Tips to pay off your truck loan fast
Things you do not know about getting a truck loan
Your full guide to small business administration ( SBA)
How to make a trucking business profitable
Tips for running a successful trucking company
Nine tips to manage expenses in your trucking business
Trucking repair loan
How to use trucking business loan
How to finance a trucking business
Requirements
No requirement
Description
A well managed trucking business has the potential to generate good returns, but such a business often requires high start-up capital. Anyone entering the trucking business should have access to adequate financing for the purchase or lease of trucks and trailers. Additional expenses are incurred in the purchase of software and hardware required to truck movement of trucks. There are a number of ways to finance your endeavor, from bank loans to venture capital, which depend on the stage of your business and how your business is doing at the moment. There are so many types of trucking loans to consider such as business line of credit, equipment financing, commercial truck loans, business credit cards and small business administration loans etc. Do not rush in taking loan, before you submit your loan application, make sure to take time and weigh all your options. While most trucking business owners pursue term loans, you should also review other financing products. l must caution business people that loan is not free, every business person must make sure that they have the skills and competence to manage their borrowed money well because it can even bring down your business when you poorly manage the loan. In fact there are some businesses that do not even need loan when they manage their business well. Careful trucking business expenses is very important at all levels of the business. In the trucking business there are somethings that the business must be careful about such as maintenance, effective route planning, choose your market niche wisely, be very careful on your budgeting etc. l must say that at a certain point in business you do not need loan but you need credible partners who will bring in money to have equity in the business, all this must be taken into consideration when your company need financing for the business.

Overview

Section 1: Introduction

Lecture 1 Introduction

Lecture 2 How to finance a trucking business

Lecture 3 How to use trucking business loans

Lecture 4 Best loans for truckers and trucking companies

Lecture 5 Types of business loans for commercial truckers

Section 2: How To Make A Trucking Business Profitable

Lecture 6 Managing your trucking business costs

Lecture 7 Optimize loaded miles

Lecture 8 Plan ahead for scalable growth

Section 3: 9 Tips To Manage Expenses In Your Trucking Business

Lecture 9 Maintenance

Lecture 10 Fuel - saving methods

Lecture 11 Invest in a transport management system

Lecture 12 Ensure you understand your expenses

Lecture 13 Budgeting

Lecture 14 Route planning

Lecture 15 Protect your cargo from theft

Lecture 16 Choose your market niche wisely

Lecture 17 Know when to outsource and insource business function

Section 4: 10 Tips On Running A Successful Trucking Company

Lecture 18 Find the right market or niche

Lecture 19 Start with a business plan

Lecture 20 Register your trucking company and get the right permit

Lecture 21 Buy or lease the right equipment

Lecture 22 Run an efficient bank office

Lecture 23 Actively look for loads and others

Lecture 24 Ensure compliance with regulations and safety protocols

Lecture 25 Truck your income and expenses

Lecture 26 Hire the best driver and maintain them

Section 5: Your Full Guide To SBA 7(a) Trucking Loans

Lecture 27 What does an SBA 7(a) trucking loan cover

Lecture 28 What you can use SBA 7(a) loan for

Lecture 29 Are you eligible for an SBA 7(a)

Lecture 30 How to apply for this loan

Lecture 31 What to expect during the process

Lecture 32 What to do if you need money fast

Section 6: Tips To Pay Off Your Truck Loan Faster

Lecture 33 Do a financial inventory

Lecture 34 Make bi-weekly payment each month

Lecture 35 Refinance your loan

Lecture 36 Say "NO" to skipping payments

Section 7: 8 Ways To Use A Working Capital Loan For Your Trucking Business

Lecture 37 Bridge payment delays

Lecture 38 Pay staff

Lecture 39 Stock up on inventory

Lecture 40 Help weather the storm

Lecture 41 Market your trucking company

Lecture 42 Hire the best

Lecture 43 Test the waters

Section 8: Five Things You Do Not Know About Getting A Truck Loan

Lecture 44 How does it work

Lecture 45 What determines eligibility

Lecture 46 Terms and rates

Lecture 47 What if I have a poor credit score

Section 9: Truck Repair Loan

Lecture 48 Truck repair loan

Trucking companies, truck owners, owner operators, financial institutions, logistics firms, trucking customers, trucking employees, Trucking agencies, ministries of transportation, trucking associations, trucking authorities, managers, directors, CEO, Trucking consultants, Trucking repairers etc