Booker is now uniquely positioned and does not rely on her hard cash to purchase trucks. Now, she finances her trucks, some valued at $60,000. Within 90 days, the truck pays itself off at little cost to her capital, which is made possible through an early payoff program.
“What I would do is — they were only charging me probably about $2,700 down. So, that’s the only capital that I would have to come in, with and I would run the truck approximately a week or two after I got it from the auction, and once the truck has made the money to pay itself off, I would pay it off within 120 days. I never used my capital or my business funds or my personal funds to purchase a truck. I would buy the truck and it will pay itself off,” Booker told AfroTech.