Tabor Bailey Inc | Application Preview
Tabor Bailey Inc. is seeking government grants to help navigate the downturn in the metal market caused by COVID-19 and tariffs. The company has temporarily closed one of its facilities to reduce expenses, but as metal prices are projected to increase, they plan to reopen and hire additional employees to support growth.
The need for funding is critical to sustain operations during this economic crisis and to expand their workforce. In the competitive landscape, Tabor Bailey faces significant challenges from larger, well-funded recyclers like TRG Recycling and Metro Recycling, which dominate the market. Although ABC Recycling operates from a distance, they are also a competitor.
Tabor Bailey's competitive advantage lies in their focus on servicing the general public, with 95% of their revenue generated from individual customers, as opposed to catering to large commercial accounts like their bigger competitors. This unique approach positions them to capitalize on personal consumer needs, making them a valuable business in the community despite their smaller scale.
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General Information
Business Registration Number: 452850448
Location: North Little Rock, AR, United States
Length of Operation: 8
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
metal makket is down due to covid 19 and tarriffs we need extra funds to weather the storm.
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Business Plan
we have a second yard that we closed to cut expences as metal prices go back up we would like to be able to reopen hire more employees and grow our business to hire more employee and keep going through this economic crisis
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Self Identified Competition
TRG recycling bigest recycler in the area well funded. Metro recycling 2nd largest in area also well funded. abc recycling farther away not as much cross traffic. we are the smallest of these and not as well funded hard to compete they cater to large commercial accounts , we cater to the general public with 95% of our revenue coming from individuals.
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