BUG Transport | Application Preview
BUG Transport is seeking government funding to purchase a truck. The business operates on a supply-and-demand model, consistently generating delivery orders. The owner plans to expand by adding an additional truck and driver within five years.
The applicant highlights a successful driving record, boasting a million-miles without incidents and experience as a retired veteran. They emphasize a commitment to excellence and a dedication to mentoring others in the trucking industry. During the pandemic, the owner worked extra hours to ensure timely and safe deliveries, reinforcing their reliability.
In terms of competition, larger companies like Swift and Prime dominate the market, often underpricing their services. However, many of their drivers lack experience, allowing BUG Transport to maintain a strong position since brokers prefer to pay a premium for dependable services. The applicant's competitive edge lies in their punctuality and efficiency, with many clients requesting their services by name.
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General Information
Business Registration Number: 84-1754368
Location: Chardon, OH, United States
Length of Operation: 9
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
I will be using the funding to purchase a Truck
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Business Plan
My business is based on supply and demand and I always have business and deliveries to make in 5 years I would like to have 1 more truck and driver I am a million-mile driver and have done so with no incident. I am a retired veteran and I feel I am a hard vested individual in my field and I continue to share my knowledge with others. During the pandemic I spent time working over time to make sure supplies were delivered on time and free from harm I feel I am a good candidate for assistance as I am trying to grow and educate others on the field of Truck Driving.
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Self Identified Competition
In Truck Driving the larger companies Swift, Prime, and other big companies will always be around and willing to take loads for pennies; however, many of their drivers are new and less experienced therefore it does not affect my deliveries as our brokers will pay top dollar for peace of mind I am always on time and very efficient many of my accounts ask for me by name to deliver
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Contact Applicant
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