Growing Pains, Past Start Up
One truck company needs to be a 2 then a multiple truck company. Company up and running for more than two years and growing. To get to this point owner let his personal credit erode and kept the company credit in good shape but now that he needs more equipment he is unable to finance. The company has dreamed, developed, built and field tested patentable equipment and is in the process of patenting that equipment to make the business stand alone in its field.
Currently needs an investment infusion to be able to take on the amount of business scheduled for spring. Not looking for millions just someone from the customer service industry that understands what this company has that could invest or loan $300,000 to get this company more mobile. The current income almost covers all expenses if we could get rid of the $75,000 up front we spent while waiting for the economy to recover. It has two hands on owners who eventually want a paycheck but are doing it now without one. If you are totally a revamper this is not for you because believe it or not the husband and wife team can make it on our own, it’s just going to take longer. Also if you are not a person who is given something that is a money maker and not willing to share this is definitely not the company for you, one of us had a partner like that and can recognize that intention immediately.
The company is a double minority firm that has a niche in the waste and recycling transportation industry. The wife still has good credit but the husband that founded the business in 2008 well lets just say his is down the tubes. If the patent is granted within two years the business will catapult in value. If it is denied it will still have a value of three times sales plus equipment in 5 years. You will find us very honest. Going after sba loan which takes time and there are grant opportunities out there for us since we operate a green business.+14 Other Responses