Loans & Lending

Information to help you make the right choice for your business – from understanding your options for financing to choosing the best lender for you

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How to Qualify for an SBA Loan

One of the most popular financing sources for small businesses in the US is securing an SBA loan. In fact, during the fiscal year 2022, the SBA approved over $43 billion in annual small business funding. However, these loans are known for their stringent eligibility criteria, and the challenges in loan qualification requirements make it… Read more »

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Best Small Business Loans for Your Trucking Company

There are different types of trucking businesses thriving in the trucking industry. They can be classified by route, such as local, regional, or national carriers, and they can also be classified based on the type of load shipping, such as LTL (less than truckload), FTL (full truckload), reefer (refrigerated goods), white glove (special handling), and… Read more »

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How To Get Trucking Business Loans

With over 500,000 trucking businesses in the United States, it is one of the country’s most competitive industries. As of 2020, the U.S. trucking industry was valued at $732.3 billion, with 902,000 truck drivers employed. But therein lies a problem. With about 900,000 drivers to 500,000 businesses, there are fewer than two truckers for every… Read more »

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