Veterans Transport LLC | Application Preview
Veterans Transport LLC is seeking a total of $60,000 in government funding to establish and grow its trucking business. The application outlines how $43,000 will be allocated towards purchasing a semi truck, $2,000 for insurance, and the remaining $15,000 for various startup costs including additional fees and insurance.
The business plan includes an ambitious goal of acquiring a new truck annually and developing a facility for storage, maintenance, and office operations. The owner aims to achieve yearly gross revenues of $1.3 million within five years.
The founder expresses that obtaining startup funding has proven more challenging than anticipated but remains determined to find financial support while also self-funding as much as possible. A personal passion for semi trucks, stemming from childhood, drives the business vision.
Veterans Transport faces competition from small trucking companies like American Eagle, ABF Freight, and LTI Trucking, which currently operate in the power-only segment. The owner plans to differentiate the business by offering van trailers and expanding services.
One key competitive advantage highlighted is the owner’s background as a Veteran with expertise in Logistics Management. Additionally, the business model includes a commitment to donating one cent per loaded mile to veterans organizations, enhancing its community impact.
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General Information
Business Registration Number: 86-2139408
Location: Ballwin, MO, United States
Length of Operation: 1
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
$43,000 will be used to buy a semi truck 2,000 will be used to get insurance for the truck The remaining 15,000 will be used for fees, insurance, and startup costs.
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Business Plan
I plan to buy a new truck each year. I also plan to establish a building for storage and maintenance on the trucks, as well as office space and warehouse space. My goal is to be grossing 1.3 million a year in revenue by the end of 5 years. I have found that getting startup business funding is much harder than I thought. I have not given up. I continue to search for funding and self fund as much as I can. Since I was a little boy in the 80's I have loved the look, sound, and even the smell of semi trucks.
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Self Identified Competition
American Eagle ABF Freight LTI Trucking They are all small power only companies. I would like to get Van trailers and expand. I am a Veteran that specialized in Logistics Management. The business is called Veterans Transport, and I will give 1 cent per mile loaded back to veterans organizations.
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Contact Applicant
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