Stampede Contracting | Application Preview
Stampede Contracting is seeking government grants to promote and expand its operations. The funding will be used to settle accounts while waiting for Net 30 payment terms, support working capital, and cover payroll expenses.
The business plans to open a second office in Parker or Palo Pinto County to increase its customer base and grow its workforce independently. Approval of the funding is crucial for aiding a small, family-owned business, which will contribute to stimulating the local economy, rather than benefiting only larger corporations.
The company faces competition from established rivals that have strong financial backing, allowing them to take on more projects without delay. Despite this, Stampede Contracting has opportunities with the same clients, although it has had to decline some work due to limited funding. The grant funding would enable the company to seize these opportunities and enhance its competitiveness in the market.
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General Information
Business Registration Number: 636202396
Location: Weatherford, TX, United States
Length of Operation: 0.1
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
To help promote my business and expand. To help settle accounts while waiting on Net 30 terms, helping working capital, to help with payroll.
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Business Plan
I am planning on opening a 2nd office in Parker or Palo Pinto county. To get more business going and to be able to grow my workforce as much as possible and to be able to grow independently. To help a small family owned business grow. To help stimulate local economy and not just corporations.
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Self Identified Competition
Our top 3 competitors have been well established for years and have good financial backing. Allowing them to take on more business at a time without having to wait on funding from the last project. That has allowed them to progress at an advanced rate. We have multiple opportunities also, with the same clients as they do. We have to turn down some of the work since we do not have the proper funding to start these jobs, without the proper financial backing.
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Contact Applicant
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