Pelagic Blog

Recently Funded Transactions

Posted by Greg Minsky on Sep 5, 2018 9:37:47 AM

Recently Funded

Here are five highlighted transactions Pelagic has funded so far this Quarter.  We hope these give you a better understanding of how Pelagic helps franchised truck dealers and their finance managers meet their sales goals.

Read More

Top Ten Books on the Trucking Industry

Posted by Greg Minsky on Aug 1, 2018 9:52:25 AM

The fascination with trucking and the trucking industry have long been the inspiration for books. Many bring the flavor and lure of the lifestyle to life in fiction novels that put the reader behind the wheel to experience adventure, romance, and the freedom of the road. Others are non-fiction tomes that can help take the mystery out of an industry to help those interested become a success in this challenging career.

Read More

Topics: Trucking, Peterbilt, Kenworth, Freightliner, Mack

Trucking has become technology’s cool hangout spot

Posted by Greg Minsky on May 31, 2018 4:19:29 PM

Read this informative blog from Jason Cannon in  the Commercial Carrier Journal.

E-commerce. Vehicle automation. Uber. Electric trucks. At one time or another, each one has been crowned trucking’s great “disruptor,” a word so frequently thrown around to describe an innovation that I wouldn’t care to see it banished from the English language entirely.

Read More

Topics: Trucking, Technology

Buying a Used Semi Truck with Challenged Credit

Posted by Greg Minsky on May 23, 2018 1:59:28 PM

Purchasing a used semi truck can be the beginning of a lucrative and successful career in the trucking industry. Many individuals aspire to owning their own truck and running their own business. But how do you start to make this dream a reality if you have credit issues or a lack of capital? It is possible. It just takes some thought, planning and action to make it a reality. Here are some ideas on steps you can take to obtain approval for used truck financing. 

Read More

Topics: Peterbilt, Kenworth, Freightliner, Used Semi, challenged credit

How does a Truck Dealer get financing for First Time Owner Operators?

Posted by Greg Minsky on May 15, 2018 9:12:41 AM

Loans for a commercial truck and trailer are different than a typical auto loan for a personal vehicle; your local bank won’t offer them. Even banks that advertise their services to small businesses typically refuse to finance trucking companies — trucking has a notoriously high failure rate for new businesses, and banks don’t like risky investments.

Read More

Top Class 8 US Truck Manufacturers

Posted by Greg Minsky on May 11, 2018 9:03:00 AM

Freightliner

Read More

Topics: Freightliner, Kenworth, Mack, Peterbilt

15 Interesting Facts About US Trucking Industry

Posted by Greg Minsky on May 10, 2018 3:33:21 PM

 

You probably know a bunch of figures about your business, but did you know these fast and fun facts about the trucking industry?

Read More

Funding Made Simple

Our experienced team knows your industry and has the expertise you want in a lender.

Remember:

  • Dealer Finance Programs
  • First Time Owner Operators
  • Challenged Credits
  • Fast Credit Decisions
  • Simple Documentation and Funding

Subscribe Here!

Recent Posts