Your credit score is one of the first things that companies check. The better your credit, the more likely you will get approved for the lease. What’s more, the credit also affects what interest rates you’ll pay. So, if your credit score is high enough, your monthly payments will be...
The 2025 Hyundai Santa Cruz is similarly affordable, leasing for $279 per month for 36 months with only $3,999 required upfront. If you'd prefer a longer 48-month lease, consider the 2024 Ford Maverick and its $329-a-month deal with a $2,881 initial payment. Stepping up to the ...
Credit and debit cards: Given their convenience, accepting credit and debit cards is a must-have for any modern food truck. Just keep in mind that processing fees can eat into your profits, and you'll need a reliable internet connection to keep those card readers humming. Digital or mobile...
AGM Finance can help you obtain financing from a bank, from a range of finance companies at various tiers. We’ll get your application in front of the best lenders who will consider your situation on a case-by-case basis. You might, on the other hand, be an established business with fi...
Exploring alternative financing options, such as lease agreements, equipment financing companies, and collateral-based loans, can also provide opportunities for financing a semi truck with bad credit. However, carefully review the terms and conditions of these options to ensure they align with your fin...
You also may establish a credit profile for your business that is separate from your own. Unlike corporations, LLCs do not require a board of directors or shareholders, and profits can be divided in any way. For more information, check out UpCounsel’s article about choosing between an LLC...
The tow truck industry is a highly specialized one, and has grown exponentially in the last 20 years. It can also be quite a profitable business, and many individuals have chosen to open their own two truck companies as a result. The initial start-up expenses can be high, and as vehicle...
Make sure you know the GVWR of a truck before buying or leasing it. This will dictate whether you need a CDL. Business License When running any business, you typically need to acquire a business license. Your state or municipality will issue business licenses for box truck companies, depending...
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Motor Vehicle LeasingThe payments for leasing a car are deductible, but no depreciation can be claimed since only owned property can be depreciated. If the lease includes an option to buy, then what is deductible depends on whether it is a lease or a purchase agreement. The difference depends...