The Turo Seed Initiative is a program that provides up to $1 million in funding to give a boost to entrepreneurs interested in building their own car sharing businesses on Turo.
The initiative is designed to empower entrepreneurs from underserved communities with access to wealth-building opportunities, so anyone can start building a small business and pave their own path towards financial wellness.
Apply now for an interest-free loan to help you jumpstart your car sharing business and take control of your financial future.
The Turo Seed Initiative provides aspiring entrepreneurs in the US with access to an interest-free investment opportunity to build a small car sharing business on the Turo marketplace. Currently, this program is available to applicants in Arizona, California, Colorado, Florida, Georgia, Hawaii, Illinois, New Jersey, Texas, and Washington.
Qualifying applicants will receive a $15,000 loan through LoanGlide to go towards purchasing a car to share on Turo, as well as access to coaching from the Turo team.
How it works
Apply for an interest-free $15,000 loan through LoanGlide
Before you get approved, connect with a Host Success Manager to discuss your business goals
Start shopping around for the car you’d like to purchase to share on Turo
Once you’ve secured your loan, buy your car and list it on Turo!
Turo is the world’s largest car sharing marketplace where car owners can earn extra money to offset the costs of car ownership, forging their path towards financial empowerment. Whether you share your extra car to make ends meet or are looking to start a small car sharing business, hosts can share virtually any car to get their entrepreneurial wheels turning.
LoanGlide is a unique financing platform which provides a way for businesses to offer loans to its customers. It is a new-age, digital-first start-up aiming to disrupt traditional lending by making it easy, instant, and honest.
Unlock your financial future
Become a Turo Seed Host and start charting your course to small business ownership today.