Part 1/2_Funding for Truck Business Companies in SA/ Truck funding opportunities/ SA Truck company

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  • เผยแพร่เมื่อ 17 ต.ค. 2024
  • This video is attempting to answer all inquiries I received regarding funding trucking businesses in South Africa.
    #fundingtrucks #truckcompanies #howtofundyourtruckingbusiness #transportation

ความคิดเห็น • 95

  • @minentlemazwi4281
    @minentlemazwi4281 3 ปีที่แล้ว +14

    Thanks again for such information sisi. I have a vision yokuba by the age of 27 years ndizobe ndiquba kakhle on my business. It's all by faith.

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว +3

      Wonderful Keep it up. I want to retire at 40 so Both of Us have some work to do.

  • @sulphurrsa8380
    @sulphurrsa8380 3 ปีที่แล้ว +11

    Thank you sis wam for this info we as the youth need more people like you to share this kind of info with us thank you

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว

      Dear Sulphur, you are welcome...have a great day further

  • @reedgethehitmakerrsa7081
    @reedgethehitmakerrsa7081 2 ปีที่แล้ว +3

    I've always had a passion of doing trucking business and this information is really useful to me.I appreciate it

  • @candymodi3868
    @candymodi3868 3 ปีที่แล้ว +7

    Thanks for the education sis♡
    Im completing my degree this year and my logistics company is already registered its just that i don't know where to start and how to grow my business. Only registered it on the CIPC so I'd like to know where do i go from here

  • @msizimalinga7553
    @msizimalinga7553 2 ปีที่แล้ว +4

    I'm inspired by you, being young and business minded.i love you so much and I wish you study more about economics cycles to keep your wish of retiring early.

    • @BulumkoGovuza
      @BulumkoGovuza  2 ปีที่แล้ว

      Dear Msizi, Thank you that is a possible dream so i can do NPO's.

  • @onehnyombolo7638
    @onehnyombolo7638 ปีที่แล้ว +1

    Very informative information, thank you and God bless you. 🙏🏻

  • @reeconinvestments6823
    @reeconinvestments6823 ปีที่แล้ว +1

    Hi great to see clips like this educating people on obtaining financial backing for small and start up businesses 👏 how can I get in touch with you I have a few questions I'd like to put across to you.

  • @inkunziebomvu3647
    @inkunziebomvu3647 3 ปีที่แล้ว +3

    Thank you for the insight🙏🏿🙏🏿

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว

      You are welcome, thank you for being 1 in 1000 people that are interested in business.

  • @msizinkomo8960
    @msizinkomo8960 3 ปีที่แล้ว +2

    Thanks for the information my sister anyway, I'm currently a student in varsity and I wish to know more about securing contracts so where can I start

  • @itumelenggmofokeng769
    @itumelenggmofokeng769 3 ปีที่แล้ว +5

    Im interested in knowing how to calculate CPK and other costs
    Like how will you know if you take certain contract if their letter of intent just shows how much they pay per ton

    • @BulumkoGovuza
      @BulumkoGovuza  2 ปีที่แล้ว +2

      Dear Itumeleng, This is when you will need that one friend that was good with accounting. The trick is, what ever rate per KM you are given ( especially as start up) , if it can give you a god GP, pay your expenses ad give you at least 4% Net profit, That rate is good enough.

  • @samuelmngomezulu9555
    @samuelmngomezulu9555 3 ปีที่แล้ว +2

    Thanks 🙏 very informative content

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว +1

      Glad it was helpful! and Welcome to my page.

  • @nolomalatji4344
    @nolomalatji4344 3 ปีที่แล้ว +6

    Hi, so we want to start a logistics company, but dont have enough capital to buy a truck. Funders we approached want direct contracts so we have engaged a lucrative company they are willing to give us a sub contract. Now my question is since we have 250k for a deposit on a truck who in your network can help us Get to the end goal which is getting a good truck which wont that will serve what we need?

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว

      Definitely @NEF, proces is long but it works.
      www.nefcorp.co.za/

    • @tranquility7778
      @tranquility7778 3 ปีที่แล้ว

      Sent an e-mail to: lencbpw@gmail.com and ask for access to private funders.

  • @xolanindwandwe6879
    @xolanindwandwe6879 2 ปีที่แล้ว

    Good work 😎😎😎

  • @moagisisebogodi2176
    @moagisisebogodi2176 ปีที่แล้ว +2

    Hi Bolumko,i am currently running i have horse ,can i get funding for the trailer please ,your response will be highly appreciated

  • @bm9684
    @bm9684 3 ปีที่แล้ว +3

    Can you start if you have the funding by yourself but no truck driving experience. Is it possible to start ?and how do you go about that ?

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว +1

      The easier way is trough incubation or if you have loads of money from your relative. Otherwise you must have a contract.

  • @vuyilemzimkulu7314
    @vuyilemzimkulu7314 3 ปีที่แล้ว +2

    I want to start a trucking company, i have a capital of about R1m, can you suggest dealers that can best suit me and also suggest reliable advisers or people that went through this

  • @obedmusa3329
    @obedmusa3329 5 หลายเดือนก่อน +1

    Hi your explanation is great,say I am in Swaziland does this applies?

    • @BulumkoGovuza
      @BulumkoGovuza  2 หลายเดือนก่อน

      Dear Obed, thank you for comment. I am more clued up on SA rules even though some of it is common from country to country, i would be confident of SA one only.

  • @AndileTshaba-f9e
    @AndileTshaba-f9e ปีที่แล้ว +1

    Hi Bulumko how do I get in touch with you. I have a couple of questions I would like to ask regarding subject in question.

    • @BulumkoGovuza
      @BulumkoGovuza  2 หลายเดือนก่อน

      Dear Sir. I am reachable on my LinkedIn profile. Bulumko Govuza or on the business profile Vested Solutions ( Website to be uploaded soon). Please note due to volume of enquiries, i charge service fees. This also helps me create capacity. However, if you need any specific topic to cover, please suggest it on my LinkedIn. I will upload content that i can back up.

  • @bm9684
    @bm9684 3 ปีที่แล้ว +2

    What is the admin and paper work behind a truck business. May please go into depth about that

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว

      The two main is Driving permit, this is not a normal drivers licence its a permit to drive heavy load. The second is business permit. There are others which are easy to get which include CIPC, SARS etc. I will do a video on that as i have a friend ( lady) who Runs this business in Giyane.

  • @sbohsibonelo2554
    @sbohsibonelo2554 ปีที่แล้ว

    Danko Sisterie, what's your Linked In holder?

  • @thobekamvimbi3041
    @thobekamvimbi3041 3 ปีที่แล้ว +2

    I want to buy out of my own pocket. But now, how do I get the leads especially on Fuel transportation. Who, which company or plant to contact for deliveries? Please advise

    • @chucktee392
      @chucktee392 2 ปีที่แล้ว

      Did you manage to start?

    • @thobekamvimbi3041
      @thobekamvimbi3041 2 ปีที่แล้ว

      @@chucktee392 Still busy with paperwork for funding application that will be finalised by next week.

  • @MrEt4740
    @MrEt4740 ปีที่แล้ว

    This is just like America, everyone wants to get rich quick. Learn the business from the ground up and save, then you do not have someone taking your share of the profits. The profit margin grows smaller the more trucks you have, let alone having to share with someone else.

  • @bongathebassndlovu2619
    @bongathebassndlovu2619 2 ปีที่แล้ว +2

    Hi, Bulumko. Can you be funded by these companies even if you have a subcontractor? Very helpful content thank you!

    • @BulumkoGovuza
      @BulumkoGovuza  2 ปีที่แล้ว +1

      Yes you can, now the trick will be to know capacity of your contractor whom you are sub contracted to. Will they be willing to share their financial statements to the third party( the funder)?

    • @bongathebassndlovu2619
      @bongathebassndlovu2619 2 ปีที่แล้ว

      @@BulumkoGovuza Yes, it's a transparent contract. However, if it's okay with you I have sent you a text on LinkedIn perhaps we can finish off the conversation there. If you don't mind.

    • @femstartowing5096
      @femstartowing5096 2 ปีที่แล้ว

      @@BulumkoGovuza Hi good day.I'm a director of a logistics company.already got a truck running across borders..so need funding to get more trucks to create more jobs.

    • @usasiphamataba5527
      @usasiphamataba5527 ปีที่แล้ว

      @@femstartowing5096 hi Femstar... I'm ready to but myself a truck.. Do you know where to get a contract. Especially the crossboader loads.

    • @femstartowing5096
      @femstartowing5096 ปีที่แล้ว

      @@usasiphamataba5527 contract for cross border is more easy to get than local.once the truck is in good condition.. contract is always available.

  • @bulelaninkwali1415
    @bulelaninkwali1415 2 ปีที่แล้ว +1

    Hi Bulumko, I hope you’ll see my question. Can someone who is under debt review be funded?

    • @bulelaninkwali1415
      @bulelaninkwali1415 ปีที่แล้ว

      Hi Bulumnko, I hope all is well. I’ve been trying to get hold of you on the WhatsApp number but this number seems to be not in use. Can you kindly provide me with your email address. Thank you in advance 🙏🏽

  • @gordenmg4966
    @gordenmg4966 2 ปีที่แล้ว

    R600k for what now? Could you please explain further.

  • @yongamasotondoshe7518
    @yongamasotondoshe7518 3 ปีที่แล้ว +4

    The 600k cap is painful to swallow 😭

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว +2

      Yes, but you can be lucky and get a sponsor in one of those Social responsibilities ( BEE scorecard) you know?

    • @yongamasotondoshe7518
      @yongamasotondoshe7518 3 ปีที่แล้ว

      @@BulumkoGovuza am from east london very hard to crack the network here but il dm for your numbers to learn more

    • @Aishaadam26
      @Aishaadam26 ปีที่แล้ว

      @@BulumkoGovuzais that us dollers?

  • @louisvirgo7298
    @louisvirgo7298 3 ปีที่แล้ว +5

    Hi My sister thank you very much for the information. I'm interested in finding a funding, I have the contact in hand for transporting commodities and it's challenging to get funding because it's my first time in logistics industry.
    Please help.

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว +1

      Hey, thank you. It should be funded easily if it contains the following information: Period (length of contract), quantity a month or R/load as well as volume. Is it a sub contract or main? is it signed? does it have specified start date?
      Its not easy to advise if i dont event know whats the amount or value of the contract or loan you are looking for.

    • @tranquility7778
      @tranquility7778 3 ปีที่แล้ว +1

      Sent an e-mail to: lencbpw@gmail.com and ask for access to private funders.

    • @louisvirgo7298
      @louisvirgo7298 3 ปีที่แล้ว +1

      @@tranquility7778 Thank you very much for your help , I'll send them the email as soon as possible. God bless you.

    • @tranquility7778
      @tranquility7778 3 ปีที่แล้ว

      @@louisvirgo7298Please read your e-mail from me.

  • @zolekabontsi6795
    @zolekabontsi6795 2 ปีที่แล้ว +1

    Pls can I have contacts fo truckfinancing and merchant capital for my son

  • @ndondomthiyane3054
    @ndondomthiyane3054 3 ปีที่แล้ว +2

    Could you please sewnd a list of all the personal funders i need funding for trucking business i already sercured a tipper and fuel transporting contract i need trucks

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว

      Hello, you mean private funders?

    • @tranquility7778
      @tranquility7778 3 ปีที่แล้ว

      Sent an e-mail to: lencbpw@gmail.com and ask for access to private funders.

    • @msidwana
      @msidwana 3 ปีที่แล้ว

      Ndondo Mthiyane please help, how do you score contracts when you have no truck? I also want to do that but I fail. What did they look at or what did you tell them?

  • @thescorpionmusic9974
    @thescorpionmusic9974 10 หลายเดือนก่อน +1

    Hi sis can you educate us about cube tipper truck business

    • @BulumkoGovuza
      @BulumkoGovuza  2 หลายเดือนก่อน

      DEar Corpi.... , thank you, i will create a content on how to calculate costs to do a business of hiring equipment instead ( such as cube tipper truck and other yellow machinery). It will cover your enquiry as well.

  • @Junior-ok6zi
    @Junior-ok6zi 3 ปีที่แล้ว +1

    Iwanna learn more about trucking business and logistics any recommendations where can I go to

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว +4

      The most recent public workshop i attended is called SAB Tholwana Foundation... It had lot of SMEs in Trucking especially in Mpumalanga and Limpopo.
      REmember i work as a funder so such information is not readily available but i will share because i want SMEs to have a chance of survival .

  • @raees2459
    @raees2459 3 ปีที่แล้ว +2

    Hi could u make a video on how one can obtain lucrative contracts like transporting coal, petrol, diesel, etc

    • @BulumkoGovuza
      @BulumkoGovuza  3 ปีที่แล้ว +2

      I can but its not a starigh foward thing. What i do is help people get money for businesses but how to get contract i don't have much broader knowledge. I can just share how other people did it...I also got a contract for my business but it was on an event and when i spoke to a lady, she connected me.

    • @raees2459
      @raees2459 3 ปีที่แล้ว +2

      @@BulumkoGovuza please make a video on this 🙌

  • @ntlahlag
    @ntlahlag 2 ปีที่แล้ว +1

    Kindly write the list of the funders.

    • @BulumkoGovuza
      @BulumkoGovuza  2 ปีที่แล้ว

      That i will definitely do. if I don't do fast enough apologies' in advance. seriously. :)

  • @davidmokoto
    @davidmokoto 3 หลายเดือนก่อน +1

    How do I start

    • @BulumkoGovuza
      @BulumkoGovuza  2 หลายเดือนก่อน

      Dear David. You may contact me for Consulting fees on Linkein, Bulumko Govuza

  • @khensobilly6563
    @khensobilly6563 9 หลายเดือนก่อน

    I would like to ask some questions how do i get in touch with you

    • @BulumkoGovuza
      @BulumkoGovuza  2 หลายเดือนก่อน

      Dear Khen, I am reachable on my LinkedIn profile. Bulumko Govuza or on the business profile Vested Solutions ( Website to be uploaded soon). Please note due to volume of enquiries, i charge service fees. This also helps me create capacity. However, if you need any specific topic to cover, please suggest it on my LinkedIn. I will upload content that i can back up.

  • @itumelengmosailane1192
    @itumelengmosailane1192 2 ปีที่แล้ว

    Hi Miss Bu can you please help me out with funding so I can buy a truck

  • @sekunjeholdings1398
    @sekunjeholdings1398 2 ปีที่แล้ว

    Good day sisi May I have the contact details of truck financing please thank you very much

  • @nicholasssmwanga1329
    @nicholasssmwanga1329 ปีที่แล้ว

    Can i get the the contact for all

  • @danielmucavele1780
    @danielmucavele1780 3 ปีที่แล้ว

    My name si naimidio mucavel From mozambique I am unemployed i have professional driving lecense with CE category i need truck driver job.
    I'm 24 years old and I really need a job opportunity no matter automátic manual truck I know how to operate

  • @tiarkayg8477
    @tiarkayg8477 3 ปีที่แล้ว

    Good day ma'am would appreciate to have the email for truck financing company and also yours

  • @mzukisiphezisa4370
    @mzukisiphezisa4370 2 ปีที่แล้ว +1

    Thank you so much for this information. I really need your contact details my sister/

    • @BulumkoGovuza
      @BulumkoGovuza  2 ปีที่แล้ว

      Hello Mzukisi,
      Thank you . My LinkedIn is open. Also for more information on truck funding please get into SEFA, NEF and GEP

  • @winlakehatha193
    @winlakehatha193 ปีที่แล้ว

    HI HOW DO I GET IN CONTACT WITH YOU

    • @BulumkoGovuza
      @BulumkoGovuza  2 หลายเดือนก่อน

      Dear Win, I am reachable on my LinkedIn profile. Bulumko Govuza or on the business profile Vested Solutions ( Website to be uploaded soon). Please note due to volume of enquiries, i charge service fees. This also helps me create capacity. However, if you need any specific topic to cover, please suggest it on my LinkedIn. I will upload content that i can back up.

  • @nomaxabisofumba9491
    @nomaxabisofumba9491 2 ปีที่แล้ว

    good morning, what is your email address as I would like to ask you questions
    thank you

    • @BulumkoGovuza
      @BulumkoGovuza  ปีที่แล้ว

      Dear Nomaxabiso
      I take questions but ever since this [platforms i can't keep up with answering so as when you can. best responder on LinkedIn.

  • @murendeniirwinndou1603
    @murendeniirwinndou1603 5 หลายเดือนก่อน

    Please help with your email

    • @BulumkoGovuza
      @BulumkoGovuza  2 หลายเดือนก่อน

      Dear Murendeni, I am reachable on my LinkedIn profile. Bulumko Govuza or on the business profile Vested Solutions ( Website to be uploaded soon). Please note due to volume of enquiries, i charge service fees. This also helps me create capacity. However, if you need any specific topic to cover, please suggest it on my LinkedIn. I will upload content that i can back up.