Okay so here's the deal I'm trying to start my own company I formed the LLC through LegalZoom. It's a Transport company mostly local construction work there's an Emerging Market in Indianapolis. So after talking to a few dealerships to buy a tri-axle truck and if you finance companies I'm finding that most banks will not Finance you on a truck unless you have 40% down or 2 years of business credit operating at a prophet. So for me I kind of feel like I'm at a speed bump looking for ways to get around. Now I'vd set up an investor package to seek private investor so I can get the 40% down. That seems to be my best bet. Does anybody have any tips or advice on how one establishes business credit without a truck. I have the broker contract that pays 110 an HR I've got 20k of my own personal raised money. I'm setting up the investment package for a six and a half percent return over 16 months for my investors. Just looking for some advice should I seek personal investment or should I come up with some way to develop business credit for my company so that I can get financing for the truck that I want. The dealerships down here have great deals as to the major companies traded in some of their older models still under 100k miles. I feel like now is the time to get into the market. I've got the skills, I've got the contract, I've got all my ducks in a row. I'm just stuck at the finance department.
Submitted September 25, 2018 at 12:22PM by Octechx https://ift.tt/2NEAZvR
