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The trucking industry is the backbone of the economy, yet it faces unique financial and operational challenges that impact credit risk and lending decisions. In this joint presentation, led by Jason Price with Elliott Davis and Robby Phillips with TAG Truck Enterprises of Missouri, we’ll explore key industry trends, economic pressures, and risk factors that lenders must consider when financing trucking businesses. With insights from an industry expert, we’ll discuss strategies for identifying opportunities while mitigating risks in this dynamic sector.
Learning Objectives:
1. Understand the Trucking Landscape – Gain insight into the current state of the trucking industry, including market trends, economic drivers, and key challenges facing trucking companies today.
2. Evaluate Credit Risks in Trucking – Identify the primary credit risk factors for trucking businesses, including fuel price volatility, regulatory impacts, and industry cyclicality.
3. Develop Lending Strategies for Success – Learn how lenders can structure financing solutions to support trucking businesses while managing credit risk effectively.
CPE Information
Continuing Education: 1 hours of CPE credits (*To earn the full 1.0 credit, participants must attend a minimum of 50 minutes and respond to a minimum of 3 polls.)
Field of Study: Specialized Knowledge
Delivery Method: Group Internet Based
Program Level: Basic
Prerequisite: None
Advanced Preparation: None
Refund Policy: As this session is free of charge, no refunds will be issued
The information provided in this communication is of a general nature and should not be considered professional advice. You should not act upon the information provided without obtaining specific professional advice. The information above is subject to change.