Truck driving business start-up?
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If possible, try and avoid taking out secured loans. If the amount you need to borrow is small or you have good enough credit to borrow without collateral, then do so. Although unsecured loans have higher rates, they are less risky because your home will not be at risk if you cannot make the payments.Try and take a loan out over the shortest period-->you can afford. Taking loans out over 10 years or more can be risky, and you cannot be sure what your financial situation will be at that time.
Truck driving business start-up?Do a lot of research (how you will get your loads) and have a business plan. List every one of your expenses (and there are many). Have some experience driving otr.
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