WCC Tower Company Inc. | Application Preview
WCC Tower Company Inc. is seeking government grants to support its growth plans. The funding will be used for hiring new employees, training, equipment purchases, payroll, and working capital.
The company anticipates a surge in cell tower construction starting in the second quarter of 2024, with expectations of sustained growth over the next three to four years. To capitalize on this opportunity, WCC aims to rapidly expand its workforce and improve training programs.
With over 21 years of experience, WCC believes that the main barrier to its expansion and increased market share is a lack of capital. The company notes that the recent slowdown in the industry caused many competitors to exit the market, resulting in a shortage of skilled tower technicians.
WCC's long-standing reputation as a leading tower construction company provides it with a competitive advantage, reinforcing its request for funding to further enhance its position in the market.
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General Information
Business Registration Number: 454157667
Location: Charlotte, NC, United States
Length of Operation: 11plus
Number of Employees: 26-50 Employees
Annual Gross Income: $1M to $10M
Annual Gross Expense: $1M to $10M
Open to Loans: YES
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Funding Usage
Hiring new employees, training, equipment, payroll, working capital.
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Business Plan
Cell tower construction is expected to pick up in the 2nd quarter of 2024 with all carriers and we are being told that business will continue to increase over the next 3 to 4 years. WCC is trying to position itself to take advantage of this opportunity by hiring and training new employees ASAP. WCC have been in business for over 21 years and the only thing preventing WCC from being a great company and to take over more territory is access to capital to grow the business.
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Self Identified Competition
Since 2023 was extremely slow for the cell tower construction industry a lot of companies got out of this business last year and currently there is a shortage of tower tech professionals. WCC have been in business for over 21 years, and we pride ourselves on being the best tower company in the industry.
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