Suggs Service. LLC | Application Preview
Suggs Service, LLC is seeking approximately $50,000 in government grants to purchase 2-3 reliable vehicles and necessary equipment for credit consulting. The applicant, a full-time General Motors employee, plans to leverage access to car auctions to secure dependable vehicles at competitive prices. They are currently pursuing certification as a board-certified credit consultant, expected to complete by July 31, 2021.
The business plan focuses on renting vehicles to low-income individuals and
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General Information
Business Registration Number: 871348468
Location: durham, NC, United States
Length of Operation: 0
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
I expect to spend approximately $50,000 for 2-3 vehicles and their maintenance. Along with all necessary equipment to be a successful board-certified credit consultant. . As a full-time General Motors employee, I have access to car auctions where I can purchase efficient and dependable vehicles at a great price. I also am currently enrolled full-time to become a board-certified credit and credit score consultant. Will complete course by July 31, 2021.
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Business Plan
I plan to continue to purchase more dependable vehicles to rent to low-income individuals once I am in a financial position to do so. I also plan to expand my credit consultation services to members of all 50 states. I posses a genuine passion to help low-income families for I come from one and understand the horrific experiences adults and their young children may experience due to lack of financial support and credit knowledge. I couldn't care less about a personal profit. Investors should invest in Suggs LLC because the organization is all about selflessness, love, and improving the overall quality of life for low income individuals.
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Self Identified Competition
Turo, enterpise, and getaround are all top car rental franchises that advertise affordable prices but hide their ridiculously expensive service fees until customers reach the check out step. I find that unethical and insensitive for users who face financial hardship. Unlike others the primary goal of my business is not solely to make a profit but rather to give back to families in need. I grew up knowing nothing but the struggle. My family has experienced homelessness, starvation, transportation issues, and debt due to lack of credit knowledge. I would like to prevent as many families that I can possibly help from experiencing what I did. I plan to do so by utilizing my current access to car auctions, as I am a full-time employee for General Motors Chevrolet, to purchase reliable vehicles at an affordable price. I will go on to rent out vehicles at an affordable price to licensed adults with children who are unable to obtain a vehicle on their own due to financial hardship, credit problems, etc. I will also utilize funds to purchase necessary equipment for me to become a successful board-certified credit consultation. I will utilize my skills to once again help adults in need get things off their credit, efficiently understand how credit works, and increase their credit score so that they may be able to obtain things in the future that they were unable to do so at first due to lack of credit.
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Contact Applicant
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