I need to get a loan for a eigtheen wheeler. (BIG RIG)
Does anyone know where I can look. My credit is not so good
2006-07-05 08:20:10 · 3 answers · asked by KittyKat 2 in Cars & Transportation ➔ Other - Cars & Transportation
Me and my husband want to start a business with driving cross country. In order for me to clear up my credit I need to have a little money on the side.
FYI: I work full time.
2006-07-05 08:28:22 · update #1
If your credit is not soo good, shouldn't you wait a while and straighten it up. It is ridiculous the amount of interest you have to pay to get a loan. Do you have co-signer? If not, I would wait until my credit was better. You can save money to pay as much cash as you possibly can. Sorry, I can't recommend a place for bad credit.
2006-07-05 08:25:24 · answer #1 · answered by pretty_brown_eyes 6 · 0⤊ 0⤋
The business of lending is a dense one and should be researched properly. To get started, I suggest contacting the Small Business Administration (SBA). Entrepreneur also offers a great site dedicated to money & finance – see below for both.
Research, research, research – this cannot be stressed enough. Read as much as you can about the process. Here are some book titles that are relevant:
* How to Get a Small Business Loan: A Banker Shows You Exactly What to Do to Get a Loan (Small Business Series, No 1) by Bryan E. Milling
* The SBA Loan Book: Get A Small Business Loan--even With Poor Credit, Weak Collateral, And No Experience by Charles H. Green
* The Insider's Guide to Small Business Loans by Dan M. Koehler
There are plenty of free informational resources out there. Check the source box for links to articles.
Hope that helps! I wish you much success & happiness in all your ventures!
2006-07-06 04:06:45 · answer #2 · answered by TM Express™ 7 · 0⤊ 0⤋
Loan shark
2006-07-05 08:23:14 · answer #3 · answered by parsonsel 6 · 0⤊ 0⤋
If you are a driver, many companies offer financing for o/o's to buy a former fleet truck. I know that Swift, JB Hunt, and Central Refigerated (formerly Dick Simon) will do that.
2006-07-05 08:24:44 · answer #4 · answered by robotripper989 2 · 0⤊ 0⤋