Used Dump Trailer

June 25, 2011

Can small businesses get any of the Federal Aid? Trucking Companies? Or is it just for the fat-cats?

Hello!

My father and I run a small trucking company that focuses on construction (i.e. Dump Trucks – 10-Ton, solid body dump trucks and a tractor trailer with an aluminum dump trailer) and we also transport shipping containers and flat-bed.

Our primary customer has not had any work for us for going on 2 months now… Well, I’ll amend that… We had 2 days in December and 3 or 4 days in January and it is predicted that we won’t get steady work through them until March…

Our secondary customer pays little and we are only making a few hundred dollars a run to go to the company… (On average 50% of the total for a run goes to the truck and then we pay the driver and then we have business expenses…)

My father had to get a 2nd job to be able to keep us in our apartment…

We have been on the verge of disaster since the housing bubble burst (Thanks Carter & Clinton…) and with the Credit Crisis, we do not qualify for loans that would keep our collective head above water.

If we can just survive a few months until our customers can release their funds for the jobs they are contractually obligated to complete, we will be fine… But until that happens… it is an axe swinging above our throat.

Can small businesses, which employ 50% of the people in this country, apply for part of the Bail Out?

How on earth would one do that?

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    1 Comment »

    1. Only the fat cats…big banks, big 3…as small business owners, we are not going to get any help. Try to hang on, hopefully trucking business will pick up in the next few weeks.

      Comment by mama_sayed — June 25, 2011 @ 7:14 am

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