Hello, I am currently a marketing professional that is in the process of obtaining a FedEx route and wanted to know if there are any investors/fiancing option to obtain such a route. There are a few routes in the AZ area that are very promissing, but the economy has sucked my funds dry. I am wanting to purchase a route that already has a Full Time Driver. There are two routes that have positive cash flow after paying the driver. Do you know any companies that might be interested in funding such a venture. Cost for the route is around $130K. Thank you in advance
I work for a National Bank that is a preferred SBA lender and from what we've been told here is that the SBA no longer allows us to make SBA loans to finance FedEx routes because of a variety of reasons. (Too much control by FedEx, needing to have multiple routes in some states, etc...) We still provide financing for the trucks/vans but not the routes. You may want to check locally for a traditional loan thru your bank. Good luck
Join our small business community for expert insights, insider tips, and the industry knowledge you need to see your small business grow.Get Started Become A Member
Now that you’re a member of the community, spice up your profile by adding photos, a custom avatar, information about your small busines, and much more.View Profile
There are no recent discussions
Ways to Make Your Search More Accurate
Most of the time, you just want to find content that has a particular phrase. Here are the easiest ways to find the content you want.