PIB TIP: BASICS FOR A LOAN. You’ll need a budget,

Jan 25, 2012

PIB TIP: BASICS FOR A LOAN. You’ll need a budget, a business plan and a cash-flow statement when you apply for a loan. A detailed budget will assure the lender that you can meet the financial obligations of owning a truck. A cash-flow statement shows that your projected revenue will be sufficient to meet current obligations. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, and is sponsored by Freightliner Trucks.

It's taken less than a decade for small fleet owner Derrick Wolfe to grow his New York-based food grade tanker-haul business from one truck to 21 company drivers, seven owner-operators and 10 non-driving employees.

Derrick Wolfe has built a 'sweet' business in New York's Finger Lakes region

Derrick Wolfe grew his New York-based food grade tanker fleet from one truck to nearly 30, and he's still on the road daily to stay connected with his drivers, customers, and the open road. Derrick Wolfe Trucking is a semi-finalist for Overdrive's Small Fleet Champ award.

'Dollar Bill': Impressive 1982 Peterbilt 359 powered by Cat C18 marine engine

Truck Highway Night Hos Adobe Stock 652349873

FMCSA offers details on proposed HOS-flexibility pilot programs

Small fleet owner Scott Smithler's Mission Complete Transport builds on the owner's history hauling in the military, including tours in Iraq and Afghanistan. Mission Complete is among semi-finalists in Overdrive's Small Fleet Championship.

Mission Complete: Veteran small fleet owner's legion of local support

Garmin Dash Cams - Powerful & Discreet - Capture every detail with Garmin Clarity HDR optics, premium HD, and wide 140 degree view.

Small Fleet Champ semi-finalists not afraid to get their hands dirty

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Pride & Polish

Overdrive’s annual Pride & Polish virtual truck show attracts entries from across the nation showcasing show-quality design, mechanical ingenuity and plenty of trucking-business pride. Find recent-history awards shows, in-depth features about the winners, and more.