Being a FedEx contractor is not always easy. There are no short cuts but finding the answers to your funding questions may help you chart a better path. For example, in order to sustain your business, you may need to know where FedEx long haul contractors can get financing.
No one starts a business expecting it to last for only a little while. Still, to make it last takes funding and for FedEx long haul contractors, this can be difficult to get. Thankfully, you do have options.
What Are the Challenges for FedEx Long Haul Contractors?
There are many benefits to being your own boss, but there are numerous challenges as well, especially for FedEx long haul contractors. The parent company makes it easy with routes already mapped and an unending list of customers, but in other areas, you are on your own.
One of the biggest issues is managing drivers. The hours are very long and stress levels can be high due to strict delivery deadlines. As a result, you can experience a high turnover rate and need to spend countless hours hiring and firing FedEx truck drivers. Additionally, you may have to drive routes yourself if drivers are sick or quit.
Also, maintaining trucks can be quite expensive. If one breaks down, you will need a back-up.
Then, there is the constant need for FedEx financing. Banks are reluctant to offer FedEx loans because they have rigorous criteria and inflexible rules regarding collateral.
Who Offers Financing for FedEx Long Haul Contractors
Some believe that banks or the Small Business Association are the only places to go for instant business loans. The truth is that these places have lengthy applications and require tons of collateral that most small businesses just don’t have.
A better option is a business cash advance company, like Financing Solutions (www.financingsolutionsnow.com). They frequently work with many FedEx owner/operators to get them the financing necessary for growth.
Existing FedEx long haul contractors can get quick business funding from Financing Solutions to buy or maintain trucks, purchase routes for sale, make payroll, or any other emergency business expense. The application process is fast and easy and you could have your money within 48 hours after you apply.
How to Keep Your Business Successful Over the Long Haul
You can probably name several businesses which have lasted for decades, such as DuPont (founded in 1802), Colgate (1806) and Jim Beam whiskey (1795!). However, the list of businesses that have failed after less than 10 years could fill volumes. There are things you can do for your business to improve your chances for longevity.
One of the best things you can do is take good care of your employees. This includes making payroll on time, providing incentives for top performers and offering opportunities for input and advancement.
You must also have a clear awareness of your strengths and weaknesses. This will help determine your priorities and lead to better decision making.
Perhaps the best thing you can do to promote long term success is to contact Financing Solutions. They will give you the FedEx funding necessary for your survival and growth.
Financing Solutions LLC is not endorsed by and is not recommended by Federal Express Corporation and Fedex Ground. Financing Solutions LLC is not sponsored by, is not approved by, is not associated with, and has no connection whatsoever with Federal Express Corporation or Fedex Ground.
