What is Jorgensen Ford?
Jorgensen Ford, Inc. operates as a Ford dealership located in Richfield, Utah. The company specializes in the sale of new Ford vehicles, including cars, crossovers, SUVs, and trucks. Their inventory encompasses a wide range of Ford models, and they provide services related to new car pricing, quotes, and financing. Additionally, Jorgensen Ford offers a selection of used vehicles. The company's business model is centered on automotive sales and related services within its geographical market.
How much funding has Jorgensen Ford raised?
Jorgensen Ford has raised a total of $736K across 2 funding rounds:
Debt
$350K
Debt
$386K
Debt (2020): $350K with participation from PPP
Debt (2021): $386K led by PPP
Key Investors in Jorgensen Ford
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed investor
Undisclosed investor participating in the funding round, likely a financial institution or government entity providing debt capital.
What's next for Jorgensen Ford?
The substantial enterprise-level debt financing, including the recent strategic investment, suggests Jorgensen Ford is focused on strengthening its operational capacity and potentially expanding its market reach. This capital infusion is likely earmarked for inventory acquisition, facility upgrades, or enhancing customer service infrastructure. As a Ford dealership, continued strategic financing will be crucial for adapting to evolving automotive market trends, including shifts in consumer preferences and technological advancements in vehicle manufacturing. The company's consistent access to debt capital indicates a stable financial footing and a clear strategy for sustained business development.
See full Jorgensen Ford company page
