BTC Rentals, Inc | Application Preview
BTC Rentals, Inc. is seeking government grants to support the purchase of their leased vehicle and to acquire additional vehicles priced between $4,000 and $6,000. This expansion will enable the company to increase its rental offerings on Turo, with the long-term goal of establishing a standalone rental service on their website, btc-rentals.com, once the fleet reaches 12-15 vehicles. In addition to vehicles, BTC Rentals plans to diversify by including equipment rentals such as ATMs, vending machines, and roll-off dumpsters.
As a female and veteran-owned small business, BTC Rentals is committed to providing affordable and quality rental services in the Fayetteville, NC area. The company aims to collaborate with local small business owners, especially fellow veterans, to enhance community support and engagement.
In terms of competition, BTC Rentals identifies a gap in the market, as no nearby rental services offer the same extensive range of vehicles and equipment. Their competitive advantage lies in their commitment to affordability and quality, making their services accessible during challenging economic times.
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General Information
Business Registration Number: C202231100651-1
Location: Fayetteville, NC, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
Funds requested would go to purchasing the vehicle that BTC Rentals is leasing from the current owner as well as go to purchasing additional vehicles (looking to stay in the 4-6k range for buying additional vehicles in order to maintain profits) for the company to rent on Turo. Intent, once BTC Rentals has a big enough fleet of vehicles, is to cut out Turo altogether and start renting the vehicles full time from btc-rentals.com. Long term goals are to add additional equipment rentals to the company (ATMs, Vending Machines, Roll-off Dumpsters, etc.).
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Business Plan
Once BTC Rentals has between 12-15 vehicles in it's fleet to rent on Turo.com, the intent is to cut out Turo.com altogether, while also adding additional rental equipment like ATMs, vending machines, roll-off dumpsters, and mid-duty equipment like table saws, etc. BTC Rentals is a female, veteran-owned small business, set on providing affordable and quality rental options to the greater Fayetteville NC area, as well as dedicated to working with other local small business owners to give back to the community as much as possible. BTC Rentals is already in contact with other veteran (some disabled) small business owners who are also committed to giving back to the community, and are planning on ways to facilitate giving back.
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Self Identified Competition
There are currently no rental companies in the area that are on the same level that BTC Rentals is trying to attain in renting out a wide array of vehicles and equipment. BTC Rentals is dedicated to providing quality at a more affordable rate, especially due to current times where money is often tight and things are just getting more expensive. Let BTC Rentals service you in your time of need when other options might just be a little too far out of your reach.
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Contact Applicant
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