These days, everyone wants the next new thing, although often something old will do just fine. For example, you may need to know how to finance a used FedEx truck through Financing Solutions.
Having a business as a FedEx contractor can be rewarding, but expensive. You must purchase routes, pay employees and maintain vehicles. You might also have to finance a used FedEx truck and, thankfully, there is help from Financing Solutions.
Why Banks Are Not the Place to Go When You Need to Finance a Used FedEx Truck
There are several types of FedEx vehicles you can use to run your business, such as step vans, cargo vans, sprinters and cutaways. The kind you chose depends on your routes and volume.
With many dealers, it is possible to purchase new or trade in existing trucks for something else. Of course, all of this requires financing.
Banks are notoriously strict when it comes to granting fast business loans to entrepreneurs. They can be especially stringent when it comes to those who are self-employed, independent contractors or anyone else that does not fit their definition of an ideal business.
When you go to a bank, they expect you to have perfect credit. You also must have enough collateral to cover the cost of the instant business loan. Even if you do manage to qualify, they lock you into long term repayment contracts that will take several years to pay off.
How Can Financing Solutions Help You Finance a Used FedEx Truck
It would be great to be able to purchase a new truck whenever you needed, but that is incredibly costly. In most cases, it is more feasible to buy or lease a used truck or simply work with what you already have. Either way, you will need fast business financing.
For many FedEx truck drivers, the best choice is a business cash advance company, like Financing Solutions (www.fundmypayroll.com). Financing Solutions can provide financing for FedEx contractors so that you can get more trucks, make repairs on existing trucks, meet payroll or handle any other additional cash needs.
At Financing Solutions, they understand the unique needs and stresses of FedEx contractors and will work with you to get the quick business financing you require. Even if you don’t have perfect credit, you may still qualify. In fact, more than 90 percent of businesses that apply get approved.
They can also help with FedEx routes you want to buy. Many FedEx contractors return to them again and again to grow their businesses.
How You Can Improve Your FedEx Contracting Business
Like any business owner, as a FedEx contractor your company has to grow in order to survive. This usually means finding ways to operate better, faster or cheaper.
One way to do this is to look at route adjustments. Perhaps there is a way to shave some distance or time from your regular routine. Even a few minutes or a couple of miles may make a huge difference in fuel costs at the end of the day.
You can also investigate new technologies to help you. For example, there are now computer applications that can tell you the cheapest place to buy gas on a given day.
The easiest way to improve your business is to contact Financing Solutions. They can help you with the immediate business funding you need to keep your company growing and thriving.
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.