Auto Repair & Towing Service

Business Stage
New Business
Industry
Automotive
Time In Business
2 Years
Employees
5 Full-Time
Equipment Type
Titled Vehicle
Ticket Size
$30K - $50K
Equipment Details
Rollback Wrecker
Equipment Purpose
Expansion of services
Weaknesses (Cons)
  • Short TIB
  • Dramatic growth
  • Issues with personal credit
  • Automotive industry
Strengths (Pros)
  • Positive ROI on equipment (generated additional revenue
  • Owner had management experience of 30 years in industry
  • Established relationships/contracts with major commercial account
  • Outside income and PG from spouse
  • Blanket lien on all business assets
Creative Solution
24 month term, 25% security deposit, blanket lien on all assets
Team Sales Rep
Martin Lacayo