Financing A Food Truck

So, you are looking into financing to start up your food truck, here are a few do's and don'ts of financing a food truck. NUMBER 1, do not take the high percentage, and huge monthly payment because it gives you your dream, this is a huge problem in the food truck industry, too many high interest loans, and too high of a monthly payment. A lot of our customers have been telling us of our biggest competitors are trying to get them to sign 20% loans where they make percentages on the top of the actual finance company. It is horrible how people in this industry try to maximize their profits and forget that you should be their main focus, not their wallet. NUMBER 2, Try crowdfunding. Crowdfundin

Food Truck Economic Statistics

The mobile food industry is in it’s seventh year of consistent growth and the 2015 food truck industry statistics are here prove it. While food trucks may not be the new kid in the food service industry, the fact remains that the food truck segment is still growing. The best part is that there is still plenty of room for additional growth. Many cities across the country are still trying to determine how to regulate the industry, but many of them have started leaning towards fair ordinances that allow vendors to flourish. 2015 Food Truck Industry Statistics 2015 Food Truck Industry StatisticsData Annual food truck revenue- $1,200,000,000 Industry revenue increase over the past five years- 12.

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