August 30, 2022
Otis Tucker Jr. has been in the trucking industry since he was 20 years old. In 2013, with a $10,000 loan and his personal savings, Otis bought a used dump truck and started Trucking Innovation as a one-man, one-truck operation. Less than a decade later, Trucking Innovation has become a local leader in trucking and hauling with a fleet of 14 trucks and more than 20 employees based in Chalmette, Louisiana.
Following hits from the pandemic, Otis was looking for capital to stabilize business and grow his trucking fleet. In the video below, you’ll learn how an SBA loan made in connection with the Louisiana New Market Jobs Act program provided the capital solution Otis and Trucking Innovation needed.
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