Jonah Hynum of Hynum, Inc. at Invstor.com

Jonah Hynum

Pearl, MS (USA)

Role(s):

Startup

Founder/Owner/Principal

Hynum, Inc.

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Location: Pearl

Industry: Transportation

Year Founded: 2014

Number Employees: 1-10 people

Business Stage: Growth (profitable)

Entity Type: Sole Proprietorship

Description: Hello, I hope all is well for everyone today. I have recently began a transportation company of my own with just the one truck I am driving at the moment. I have drove 18 wheeler for over 15 years as a company driver until 2014. With my experience I believe I can provide an exceptional opportunity for several drivers. Unfortunately I do not have any funding to grow my company. This year has been a disaster actually due to current contracts and old equipment. I am in need of funding to get my own authority so I can get loads directly from broker boards myself bringing more of the pay directly to me. I would like to buy a few trucks also to put other drivers in. Eventually I would buy a property that is available now to use as a company office terminal to park trucks and trailers as well as repair trucks and provide a place for drivers to stay and shower, etc. Another income opportunity I am interested in is renting semi trailers to other owner operators. Once this is all put into action there are several other income opportunities that I would like to invest in to keep a steady income. As I mentioned with the recent struggles my credit is no good and I am in immediate financial need personally. The current contract has grossed in revenue $150,000 every 4 months but with all I have to share a percentages to as well as expenses like fuel, truck note, maintenance, etc. I have netted only $10,000 to $20,000 to me in those 4 months. I need $5,000 immediately just to keep going. I am requesting $300,000. I could grow this business with $100,000. Obviously the more invested the sooner I can increase the income. I estimate a pay back in 2 years or less. I anxiously look forward to your answer, info, or advice. Best Regards, Jonah R. Hynum Hynum, Inc. Pearl, MS, USA (Phone # removed)