I’m Phill I own a small auto repair shop in Detroit Michigan I specialize in brake and suspension repair. After about 16 years in the same location I found that I don’t have the proper zoning at my building. Now I have started an onsite auto repair service. It has been a challenge but things are coming together I need to upgrade my onsite vehicle and hire an assistant. I have very fair prices I refuse to overcharge the customer so its a little harder for me to raise the money I would like, but I’m very good at managing my overhead. Once I have the capital I’m working toward I will be able to take on much more volume, and will make more money. I have had an entrepreneurial spirit as long as I can remember.
This loan is special because:
More about this loan
KBI auto comes to your home or job to do brake and suspension repairs. I decided to start this business in 1995 at the age of 16. I started this business because I trust myself to provide job security for myself and my employees. I love to help others out of a bad situation, and cars keep you in bad situations, and I give great prices. My biggest challenge right now is getting payroll together so I can hire an assistant so we can take on more jobs, because I won’t take more customers if I am not able to get to them in a timely manner. I am proud to that in all my years in business I have never overcharged any of my customers and I never will.
What is the purpose of this loan?
This loan will help me upgrade my onsite vehicle and hire an assistant. With an assistant and an upgraded vehicle I will be able to attract more customers and take good care of them.
Years in operation: More than 5 years