Dent Truck Lines, Inc.
Sweetwater-based Dent Truck Lines Inc. sought to expand its operations and enhance its service offerings by securing a line of credit from a local Sweetwater bank. Recognizing the potential for growth, Sweetwater Economic Development (SEED) supported this initiative by providing an initial line of credit of $300,000, with the option to extend up to $500,000. This funding was crucial for expanding the company’s leased drivers and trucks operations, as well as establishing a new brokerage division over a three-year period.
To further bolster Dent Truck Lines’ growth and stimulate job creation in Sweetwater, SEED also issued a $75,000 performance bond over three years, with options for two additional one-year extensions at SEED’s discretion. This strategic financial support has empowered Dent Truck Lines to pursue new opportunities, drive business growth, and contribute to the local economy.
The collaboration between SEED and Dent Truck Lines demonstrates the power of targeted economic development initiatives in fostering business expansion and creating employment opportunities in Sweetwater.