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Suggest have it in writing to have a flexible time of repayment, with a guarantee of # of miles average weekly throughout a quarter or monthly average. Time example if they want to contract it for 3 years lease, have it up to 4-5 years. Good reason is if they can't provide the miles it takes to pay you there's no effort on their part to make sure you can survive. Possibly add a clause "I must receive a net weekly of 4-500" as a minimum. If you're leasing to a company you are still working for them. Another clause you could insist on if they don't like that one is ability to add your own work ie broker, searches of load boards, advertising, etc.. This way the pressure is on them to produce work, or force you to compete in some way shape or form. From business degree standpoint and experience of losing trucks this year protect your 6. You're trained as a professional driver, and you have to approach a business proposal professionally, no screaming, yelling, or other nonsense, just be professional. If none of that can be applied fill out a company driver application & as they say keep on truckin! When drivers start to approach business deals using legalities to their advantage they will own the trucks they worked for, or save company earnings to start out their own as fierce competitors to large carriers. Let's face it you can buy your own used rig for $20-30K and be hauling using your own knowledge faster than you can pay off someone else's truck. Good luck in your endeavors to all.
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