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August 2021

Trucking Business Loans Explained

Trucking Business Loans Explained

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Trucking Business Loans Explained

Trucking business financing helps thousands of transportation companies stay afloat every year. Small business loans for truckers, business credit for trucking, and trucking equipment financing are just some of the financial options available to assist struggling trucking companies and their employees.

You can find small business loans for startup trucking companies and lines of credit for hiring new employees, improving facilities, or purchasing new equipment. You can even obtain startup trucking business loans if you have bad credit.

That said, the trucking business loans landscape can be overwhelming, especially if you’re just starting your venture. In this post, we’ll cover the basics of trucking business funding, discuss some of the most popular trucking business loans and their benefits, and tell you how to qualify for trucking business financing.

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How to Secure Heavy Equipment Financing

How to Secure Heavy Equipment Financing

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A Guide to Heavy Equipment Financing

Heavy machinery financing can be hugely beneficial to businesses that rely on heavy equipment for their day-to-day operations. Heavy equipment leasing companies rent out machinery at a set price, saving businesses thousands of dollars they would spend buying new equipment.

Alternatively, heavy equipment financing companies set construction equipment financing rates to make machinery affordable and attainable for businesses. Massive machines can be challenging to finance out of pocket, and in most cases, purchasing equipment upfront is not pragmatic.

There are many advantages of leasing your building machinery or working with construction equipment finance companies. We’ll discuss these benefits shortly. First, we’ll share some information about construction equipment loans and leasing.

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A Guide to Opening a Marijuana Dispensary

Guide to Opening a Marijuana Dispensary

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Now that marijuana use is permitted in most of the USA and Canada, a green rush has swept through the nation. Cannabis is now legal to some degree in over 95% of the U.S., whether for medical or recreational use. 

Savvy entrepreneurs across America are acquiring their dispensary license and working out how to start a dispensary. Opening a marijuana dispensary requires time, effort, and planning, whether you’re looking to create a recreational or medical marijuana business.

New businesses in the marijuana industry are popping up all over the U.S. and Canada, making this a lucrative time for opening a marijuana dispensary. In this post, we’ll discuss how to start a weed dispensary, what licenses are needed to start a dispensary, and what kind of budget you’ll need to start a cannabis business.

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How Much Does It Cost To Open A Bar

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How much does it cost to start a bar? It seems straightforward: get a liquor license, find a space to rent, hire some staff, buy some inventory, and let the libations flow. However, the items listed here are a bit more complex than they may seem. Plus, there is more to running a successful bar than just having all the correct pieces in place—they have to work together to be profitable.

In the right circumstances, opening a local pub or bar can be a great investment. If you’ve been interested in pursuing a new business endeavour by opening a bar, read on. In this post we’ll go over how much money is needed to open a bar, so that you can start your business well-equipped with the information you need to be successful.

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What Are The Pros and Cons of Bridge Loans?

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Residential bridge loans can help homeowners bridge the financial gap between selling and buying a house. When you sell a property, bridge loans for home purchases can provide a short-term cash boost while you’re waiting to close the sale on your old home. While people frequently use bridge loans for down payments on a new property, these financing options also have additional applications.

In this post, we’ll outline the pros and cons of bridge loans, discuss how to get a bridge loan, and answer the question, ‘what is a bridge loan mortgage?’.

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accounts payable vs accounts receivable

Accounts Payable vs Accounts Receivable

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Many business owners don’t understand the difference between accounts payable and accounts receivable, but these are key terms related to your company’s finances. Despite their importance, accounts payable vs. receivable still becomes a source of accounting confusion for some. 

Although both accounts receivable and accounts payable are items on your balance sheet that are crucial for business operations, it’s essential to differentiate between accounts receivable vs. payable. You must know which of these accounts is for assets and which deals with liabilities, or your business could end up in debt and overextended.

In this post, we’ll answer the question, ‘what are accounts payable and accounts receivable?’, discuss accounts payable vs. accounts receivable, and explain the importance of receivables and payables.

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