When you need a tow, it’s a relief to know someone is there to help. When you want to start a business, it’s also a relief to know someone is there to help.
Ty Rader knew that dealing with a down vehicle of any kind on the road in southwestern Kansas miles between nowhere was not a good feeling. So, when he heard about a local towing owner that was interested in retiring and selling his business, he checked into what it would take to provide help to buy the business and keep people on the road.
Rader approached the First National Bank of Liberal for a loan and was referred to the Kansas SBDC at Seward County Community College (SCCC) to get assistance with a business plan and financial projections to obtain financing. It was at the SBDC that Rader met business advisor, Mike O’Kane. “By working on financial projections to show that the business had very good positive cash flow, together, we found a way to receive the financing needed to start the business,” shared O’Kane. “We helped answer numerous questions in starting his business and operating it successfully.”
Currently T & B Towing, LLC, provides 24/7 towing, jump starts, and lockouts to stranded motorists in a multi-state region including Oklahoma, Texas, Kansas, and New Mexico. T & B is headquartered between Turpin, Oklahoma and Liberal, Kansas with a team of nine employees.
Recently Rader recognized the need for a different kind of help. In February of 2017 Rader expanded his operations and opened Y&L Earth LLC. Y & L provides hazmat cleanup services and operates out of Liberal, Kansas.
No stranger to helping those in need Rader assisted with the relief effort in Texas. When Hurricane Irma hit the Texas coast in late August of 2017, a good friend of Rader’s delivered a trailer load of water to Houston from Oklahoma City. This inspired Rader to help people hit hard by the storm, often stranded in place, and in need of help. Rader organized his T & B team and delivered several semi-trailers full of supplies and donations to the Texas cities of Houston, Beaumont, and Port Arthur. They spent four days helping in the relief effort.
“It’s always inspiring to work with a business client like Ty who is motivated and dedicated,” shared O’Kane. “He [Ty] gets every piece of information I need quickly. Because of that Ty was able to move forward quickly and reach his business goals faster.”
T & B Towing continues to grow and provide help in southwestern Kansas and beyond.
More about T & B Towing
Kansas SBDC Advisor
Mike O’Kane, SCCC