The time is right - government fundings (SBA loans) are available at very low rates.Why should you apply for a Government Funded Loan (SBA loan) instead of a Conventional Loan? The interest rate for a government funded loan is the current prime rate plus 1.75 to 6.5 points depending on your credit history and can be granted up to 15 years. The interest rate for a conventional loan is up to 6-8% higher and the term is averaging only up to 5 years. Even if your credit history is not perfect, you have a much better chance to get approved for an SBA loan than for a conventional loan. But remember, you need a professional business plan to achieve your goals. Your chances for approval will also increase if you belong to a minority group such as African American, Native American, Hispanic American and Asian American, or if you are a woman-owned business. Note: You will not only receive instructions what to do and more importantly what not to do, you will also receive an actual trucking business plan which you can update with your personal information.