How a Truck Title Loan Can Help Your Business
If you own a trucking or commercial business, you know how challenging business expenses can be. These industries are constantly changing, and many truckers need extra cash to handle expenses or to grow their companies. Title loans are a great option for people with trucking businesses. Read on to learn more.
Why Use a Title Loan?
Title loans can help you cover business expenses by providing you with fast cash based on the value of a previous investment- your vehicle! If you own a trucking business, your biggest business expense was most likely your truck. Commercial vehicles are often expensive, which means you will be able to use your vehicle’s value to secure a larger title loan than many car owners.
Quick Cash Without the Bank
Many business loans require you to work closely with a big bank. Banks can be intimidating and hard to work with, causing many customers to experience delays during the application process. If you have an urgent business expense, you will most likely be short on time. A title loan allows you to secure funds without the lengthy and invasive application process you’ll find at the bank.
Your credit score is only one small piece of your financial history, but a low score can have a big impact when you’re applying for a loan. At Advantage Finance, we choose to look at other factors to determine your trustworthiness. We don’t run credit checks on our applicants, so you can work with us at any point in your credit-building journey.
Ready to take advantage of your truck title? Call Advantage Finance to talk with a professional about a big truck title loan today.