Timothy Ardam reveals key financial tips every truck driver needs to maximize profits and avoid common money traps on the road. From managing truck stop expenses to selecting high-value loads, Tim shares strategies that can transform your financial game. Learn how fuel cards, factoring services, and smart spending can make a major impact on cash flow and help you avoid debt.
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Are you a trucker looking for financial solutions to manage cash flow effectively? Dive into our blog post on merchant cash advances tailored for trucking businesses. #ROKFinancial #TruckersFinances
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?? One 'BIG' Question and 1 'Short' Answer. Question: ?? Why is Freight Factoring Vital For Making Your Trucking Business Thrive? Answer: ?? Immediate cash, growth support Arsenal Group ? #FreightFactoring #CashFlowFreedom #FreightFactoringServices #TruckingIndustry #CashFlowManagement #FreightFactoringSolutions #CashFlow
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?? Why do equipment & truck lenders care about your time in biz? ?? Watch this video to learn how to get approved easily: https://lnkd.in/gs9CWpBb ???? #EquipmentFinancing?#stepuppayments?#step?#lowpayments?#lowmonthlypayments?#equipment?#equipmentfinancing?#Cashflow?#truckfinancing?#finance
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?? Why do equipment & truck lenders care about your time in biz? ?? Watch this video to learn how to get approved easily: https://lnkd.in/gs9CWpBb ???? #EquipmentFinancing?#stepuppayments?#step?#lowpayments?#lowmonthlypayments?#equipment?#equipmentfinancing?#Cashflow?#truckfinancing?#finance
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Prepare your trucking business for the future with forward-thinking strategies in equipment finance! Learn more in our latest blog post. #TruckingFinance #FutureReady #NationalLegacyCapitalGroup https://hubs.la/Q02Pbt4G0
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?? Truckers: Are You Losing Money on Every Mile? ?? You might be overspending without even knowing it! ?? Here’s how to calculate and lower your cost per mile for maximum profit ???? 1?? Fixed Expenses: These stay the same no matter how far you drive! ?? Includes things like truck payments, insurance, driver pay, and parking ???. 2?? Variable Expenses: These change with your mileage. ??? From fuel ? and tolls to factoring fees and dispatch charges ??, they all add up! ?? Here’s How You Do It: Add Up Your Fixed Costs for the month ?? Estimate Your Variable Costs based on miles driven ?? Total Cost Per Mile = Fixed + Variable Expenses ÷ Total Miles ?? Ready to cut costs and boost profits? Follow these steps to get ahead and keep more cash in your pocket! ?? #TruckingTips #CostPerMile
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Should I pay cash or finance for a reliable, used truck with a credit score over 800? #TruckPurchase #TruckBuyingTips #TruckFinanceOptions Considering Your Options: To Pay Cash or Finance Are you in the market for a new truck but unsure about the best way to pay for it? Whether you've found a private party truck you love or are still exploring your options, it's essential to weigh the pros and cons of paying cash versus financing. Let's break down some key considerations to help... Source: https://lnkd.in/gWiqffWX #mymetric360
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Navigating cash flow is essential in the trucking industry. From fuel costs to timely payments, understanding cash flow can make or break your business. I’ve put together a slideshow that dives into: ?? Why cash flow matters for trucking companies ?? Key strategies for managing payables and receivables ?? How to forecast cash flow effectively This is a must-see for trucking companies aiming to boost profitability! Watch the full slideshow to get insights you can implement right away. #TruckingBusiness #CashFlow #TruckingFinance #BusinessGrowth #TruckingIndustry #FinancialTips https://lnkd.in/gKT6KarN
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Forklift Operator by Trade, Mentor by Mission | Steering Committee Member, The Program Inc. l Public Speaker
?? #Factoring Companies: Your Financial Partner on the Road! ?? #Truckers often face delays in getting paid, impacting cash flow and #operations. Factoring companies step in by purchasing your #invoices, giving you immediate cash. ???? Roles They Play: Improving #CashFlow: Immediate funds to cover fuel, repairs, and other expenses. #Credit Control: They handle credit checks on your clients, reducing your risk. #DebtCollection: They take over the hassle of chasing payments. When choosing a factoring company, ensure they have experience in the trucking industry, offer flexible terms, and provide 24/7 support. Your financial health on the road depends on it! #Truckers #Finance #Factoring
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