Mission Financial Blog
Section 179 and Semi-Truck Purchases: What Owners Should Know
Section 179 lets you deduct a qualifying semi-truck's full purchase price in the same tax year it starts working. For 2026, the limit is $2,560,000, so a Class 8 truck fits well inside it. This guide covers what qualifies, how the year-end deadline works, how...
What Credit Score Do You Need to Finance a Semi Truck?
There's no single minimum credit score to finance a semi truck, because every lender sets its own cutoff. Banks usually want a score above 700. Specialty truck lenders often work with scores in the 500s and 600s, and some go lower. Below, we cover how your score...
Hidden Costs in Truck Financing: What Lenders Don’t Put in the Ad
Truck loan ads often lead with a rate near 8%. Once fees, credit adjustments, and loan terms are added, the true cost is usually higher. This guide covers the fees, terms, and requirements that raise your total cost. It ends with questions to ask before you sign....
Cass Transportation Index Report September 2026: Shipments Rise for a Second Straight Month
The Cass Transportation Index Report for September 2026 shows freight shipments rose 1.9% from a year ago. That's the second annual gain in a row, following the longest freight downturn Cass has on record. Freight spending jumped 20.4%, and truckload linehaul rates...
How to Refinance a Semi-Truck Loan (And When You Should)
Learn how to refinance a semi-truck loan in six steps, what it costs, and when a new loan cuts your monthly payment or total interest.
10 Fleet Management Best Practices That Keep Your Trucking Business Profitable
Cut costs and downtime with 10 fleet management best practices, from preventive maintenance and telematics to fuel, safety, KPIs, and replacement.
Cass Transportation Index Report August 2026: Freight Shipments Turn Positive After 42 Months
The Cass Transportation Index Report for August 2026 shows freight shipments rose 2.1% year over year. That's the first annual gain since January 2023, ending a 42-month downturn. Freight spending jumped 18.7%, and truckload linehaul rates climbed 11.3% from a year...
What Is Trucking Equipment Financing and How Does It Work?
Learn how trucking equipment financing works, compare loans, leases, and SBA options, and see the credit, down payment, and documents you’ll need.
How Long Can You Finance a Commercial Truck?
Most commercial truck loans run 24 to 84 months. Learn what shapes your loan term, how SBA loans compare, and how to pick the right length.
How to Reduce Fleet Costs and Improve Your Bottom Line
Fleet costs hit a record $2.34 per mile in 2025. Learn practical ways to cut fuel, maintenance, insurance, and financing costs for your fleet.