How Much Did Ford's Fuel & Propane Raise?
Funding & Key Investors

Ford's Fuel & Propane has successfully secured a significant capital injection, bringing its total funding to $350K. This latest round, characterized as a $350K major strategic investment, underscores the firm's enduring relevance in the regional energy sector. By leveraging this influx of liquidity, the company aims to fortify its operational infrastructure and expand its service footprint across Horry County and surrounding regions.

The financing event reflects a broader trend of institutional interest in established, family-operated utility providers that demonstrate consistent performance and long-term market stability. As the company transitions into this new phase of growth, the capital will be instrumental in optimizing its supply chain and enhancing its delivery capabilities for both gasoline and propane products.

What is Ford's Fuel & Propane?

Ford's Fuel & Propane
RetailConvenience Stores, Gas Stations & Liquor StoresFreight & Logistics Services

Established in 1923, Ford's Fuel & Propane has evolved from a localized delivery service into a comprehensive energy provider. The company maintains a dual-focus business model, offering bulk fuel distribution—including gasoline and diesel—alongside a robust propane division that manages the sales, installation, and maintenance of residential and commercial gas appliances. With a century-long history of service, the firm has cultivated a reputation for reliability, utilizing a fleet that ranges from small delivery trucks to high-capacity tankers capable of transporting up to 9,000 gallons. Their market position is further bolstered by long-term contractual agreements and sophisticated hedging tools designed to mitigate price volatility for large-scale industrial and commercial clients.

How much funding has Ford's Fuel & Propane raised?

Ford's Fuel & Propane has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Ford's Fuel & Propane

PPP

Public-Private Partnership

What's next for Ford's Fuel & Propane?

With the recent capital infusion, Ford's Fuel & Propane is positioned to accelerate its modernization efforts. The strategic roadmap likely includes upgrading its logistics fleet to improve delivery efficiency and expanding its portfolio of high-demand gas appliances, such as tankless water heaters and commercial cooking equipment. By focusing on operational excellence and customer retention, the company is well-equipped to navigate the complexities of the modern energy market. Future growth will likely center on deepening its penetration in the regional market while maintaining the core values of safety and professional service that have defined the brand for over a century.

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Frequently Asked Questions Regarding Ford's Fuel & Propane Financial Insights

What are the most recent funding rounds that Ford's Fuel & Propane has completed, and what were the funding rounds?
Ford's Fuel & Propane has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding Ford's Fuel & Propane has raised to date?
Ford's Fuel & Propane has raised a total of $350K in funding to date.
How many funding rounds has Ford's Fuel & Propane completed?
Ford's Fuel & Propane has completed 1 funding rounds.
How much funding did Ford's Fuel & Propane raise in its most recent funding round?
Ford's Fuel & Propane raised $350K in its most recent funding round.
Who are the lead investors in Ford's Fuel & Propane's latest funding round?
The lead investor in Ford's Fuel & Propane's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Ford's Fuel & Propane's history?
The largest funding round in Ford's Fuel & Propane's history was $350K.
See more information about Ford's Fuel & Propane