FEMTZ LOGISTICS LLC | Application Preview
FEMTZ LOGISTICS LLC is seeking government grants to support its growth in the transportation industry. The company aims to upgrade from a small hotshot truck to a semi-truck and a 53-foot trailer, with a belief that this expansion could potentially double their current income. They've secured a loan but require a $15,000 down payment along with additional costs for apportioned plates, commercial insurance, and equipment like chains and GPS systems.
The business currently operates one truck and has navigated essential regulatory hurdles such as DOT and MC permits. The owner is focused on acquiring a second larger truck to eventually create a three-vehicle fleet within the next year. The long-term vision includes securing contracts with the oil industry, which necessitates having at least two semi-trucks.
FEMTZ LOGISTICS highlights the lucrative nature of the transportation sector and emphasizes their experience as key reasons for funding approval. Although specific competition details are not provided, the owner believes that safety and reliability set them apart, as they consistently manage to secure loads and prioritize freight care and punctuality.
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General Information
Business Registration Number: 803491637
Location: SAN ANTONIO, TX, United States
Length of Operation: 1 year
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
The transportation business is very demanding , we stared with a small hotshot truck and trailer, and think we are ready to take it to the next level ( we think we can make twice as much ) , I applied for a loan to get a semi truck and a 53 foot trailer, got the loan but they are requiring a $ 15000.00 down payment, the cost of the apportioned plates ( $ 2800.00 ) down payment on a commercial insurance ( amount unknown ) and equipment to get rolling ( chains, tarps, gps system etc. )
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Business Plan
We already have one truck up and rolling , the hardest part is done ( DOT , MC , Permits , etc . ) we need another truck , a bigger truck to make twice our income , I'm already qualified for the loan all I need is a little help to get the down payment and the equipment required. If I get a loan or a grant my intention is to pay it ASAP and get another truck to create a 3 vehicle fleet with in the next year or so , my 5 year plan is to have a contract with the oil field with at least 5 or more trucks . the oil field requires at least 2 semi trucks to consider doing business with a company . Because the transportation department is one of the most lucrative business in the USA and world wide , I have the experience and have proof that I will make my business work .
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Self Identified Competition
That information is unknown, I don't sell goods, I move them . this question don't really apply to my company since we all have the same opportunity , I get loads every day with out a problem . safety is the key in our business . We take care of our freight , we are on time , safety is our priority and we really enjoy what we do .
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Contact Applicant
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