Does anybody know some funding options for a new haulage company? Planning on getting my own lorry, but could use

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seanExon
Posts: 5
Joined: Sun Dec 25, 2022 12:32 pm

Re: Does anybody know some funding options for a new haulage company? Planning on getting my own lorry, but could use

Post by seanExon »

deem+issy wrote: Mon Mar 25, 2024 7:45 pm
seanExon wrote: Mon Mar 25, 2024 7:44 pm One...I wouldn't at the moment.
Two...very doubtful you need alot of money to start up to cover everything then more to cover you for fuel etc for the first (however long it takes to get invoices paid can be 90 days)
If it's something you really want to do try a business bank loan or failing that Rob a bank 😂
When was the last time a bank gave a loan to a start-up haulage business...or any start up for that matter?
your point is? How do you think Hayden Chilled got as big as it did with brand new motors sure as hell wasn't profit, so, they owe millions 🤔
alpine xf 95
Posts: 47
Joined: Tue Jan 30, 2024 8:27 pm

Re: Does anybody know some funding options for a new haulage company? Planning on getting my own lorry, but could use

Post by alpine xf 95 »

Mathemo-jrs wrote: Mon Mar 25, 2024 6:37 pm
05webberensp wrote: Mon Mar 25, 2024 6:36 pm
Mathemo-jrs wrote: Mon Mar 25, 2024 6:36 pm

that's what banks are for 😉
spoken like a true banker
I started off without a pot too piss in. Not doing too bad now so it can be done
Well done , Yes it can be done as i well know lol. To many knockers about ? Its allways good to start when things are not good ,
alpine xf 95
Posts: 47
Joined: Tue Jan 30, 2024 8:27 pm

Re: Does anybody know some funding options for a new haulage company? Planning on getting my own lorry, but could use

Post by alpine xf 95 »

ophirenTom wrote: Mon Mar 25, 2024 7:41 pm Get your TM license before you do anything else.
Find a yard which is cheap.
Work out your customer base and margins.
But honestly. Do your transport managers course before anything else. Even if you’re planning on being the only driver.
Best advise i have heard so far, Yes keep cost Down.
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