The Problem:

Traditional lenders would only provide limited start-up capital, leaving a funding gap to buy the tools and equipment required to launch the business.

The Solution:

Sarah met with our loan manager to develop an in-depth cash flow and budget forecast for her new business. Through this process, she identified a realistic loan request and repayment plan to allow for proper cashflow as she started the business.

Implementation & Results:

Sarah describes the loan application process as “very smooth and easy to understand.”  She adds “the team was wonderful and welcoming.” The microloan application was approved quickly, and loan dollars flowed to Sarah 48 hours after her application was approved.

“This was the helpful part. Once I had the money, I was able to procure important pieces of equipment for my start up,” said Sarah.

Testimonial:

“I felt very relieved and happy to be able to be given the opportunity to make choices with the money I was given for my business. I felt that doors had opened that were locked before. It helped bring the dream to life. I felt very hopeful.”

Conclusion:

With the right loan and personalized guidance, Sarah was able to bridge the funding gap that traditional lenders couldn’t fill and confidently launch Mirror Six. Today, the business is the region’s only 3M-certified and preferred car wrap provider, demonstrating how accessible community-based financing can help turn promising entrepreneurial ideas into successful local businesses.

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