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    4 Replies Latest reply on Feb 25, 2009 2:53 PM by BizSolutions

    Need working capital, loan for more equipment

    prosroadside Newbie

      Our roadside assistance business has been operating for 4 months. We currently have several motor clubs and several insurance carriers we provide service for. I would like to purchase a used wrecker to increase revenue. I would also need working capital for expenses on the wrecker . It takes 3-4 weeks to get paid for submitted invoices and I would need time to get set up towing for these companies. For that reason I would need approximately 2-3 months to start repayment. The total amount needed would be $30.000 or less depending on the wrecker purchased.