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Goldman Sachs Program Targets Small Carrier Growth With Business Training and Capital Access

Small trucking operators looking to expand face a critical management challenge that often derails growth plans. Many carriers hit an operational bottleneck long before running out of trucks or drivers, with owners managing dispatching, maintenance, compliance and billing through informal systems rather than structured processes. Goldman Sachs' 10,000 Small Businesses program addresses this gap through a fully funded, 12-week intensive curriculum developed with Babson College. The initiative focuses on strategic planning and operational systems that allow owners to delegate daily tasks and build scalable infrastructure. Participants gain access to lending networks offering average loan amounts of $52,000 to fund equipment purchases, driver hiring and working capital needs. The program helps small carriers transition from survival-mode operations to professionally managed businesses capable of sustainable expansion.