Trucking Startups vs. Financing

My Name is Bz Gidey Founder of BzCapitalConsulting and I’m here to tell you the top 3 reasons why credit can and will save you thousands of dollars in financing and business funding for your business which can make or break your trucking business.

Credit is one of the main ways you can improve your rates and down payment. Let’s remember though that just your credit scores are high if you have no payment history then it means basically nothing. Credit payment history is just as important as scores.

Here’s a look at 2 financing programs for startups that we offer:

Start Up Credit Program Guidelines rates: 14.50%-19%

• Min Fico: 625

• Min $100K Net worth

• Requires 25% down payment

High Risk Credit Program Guidelines rates: 19%-35%

• No min FICO requirement

• Start ups- OK

• Truck no older than 9 years old

• Requires down payment 20%-40%

• Can use the equity in other equipment or real estate

If you are looking for financing then check out our website at https://www.bzcapitalconsulting.com/

Or reach out to me on my LinkedIn at https://www.linkedin.com/in/bezalel-gidey-ab88281b7

Bz Gidey

Founder of BzCapitalConsulting