Category Archives: Community Advantage
Minority Entrepreneur Taps SBA Funding to Build Community Through Coffee, Culture and Connection in South L.A.
Joe and Celia Ward-Wallace grew up in Los Angeles. It’s home, with all the emotional attachments, history and sense of permanence conjured. Home is where commitment has deeps roots. So it saddened Joe and Celia to watch the exodus of national grocery stores and other retailers from South L.A. 25 years ago after riots left…
Should I Buy a Franchise? You’ll Have a Clear Idea After Answering These Top 5 Questions
Before making a commitment, be it personal or business, we typically vet our prospective partners. Do we share similar values? Are they a stable partner? Do we handle disagreements productively? The process of buying a franchise should be treated with the same care and scrutiny, financial experts say. Franchise ownership, like general entrepreneurship, is already…
Researching online-only business loans? First, ask yourself: Why do I need one?
If you’re a small business owner, especially a newer one, you’re probably well aware that traditional business loans from banks can be difficult to come by. The recent influx of online-only loan options makes that seem like a non-issue. But before you sign up for this type of financing, make sure you’re asking some important…
Woman Entrepreneur Blends Cupcake Celebrity with Affordable Financing to Serve Up Small Business Success
Audrey Hermes doesn’t look anything like a warrior. She’s petite with a smile that would make most dentists jealous. And yet in the course of two years she was engaged in two wars, winning one of them single-handedly – cupcake wars that is. Audrey is the talented owner of Frost Me Cafe & Bakery, a…
SBA business loan played pivotal role in launch of ‘Netflix of short films’
A version of this blog post originally appeared on CNote’s website. CNote is a financial platform for socially conscious savers and investors. CDC Small Business Finance proudly partners with the Bay Area-based organization. Compared to feature films, short films don’t get nearly as much attention. At 40 minutes or less — the technical definition of…
Craft beer industry spurs $1.1B in economic output in San Diego, grows with SBA business loans
You know the hop tide has turned when the so-called “king of beers” has fallen from its throne while craft beer continues to soak up the market share lost by legacy breweries. A niche industry even a decade ago, craft beer is now a $26 billion business nationwide. In San Diego County alone, its estimated…
Filling an unmet need: SBA business loan paves way for expansion of autism-focused kid’s gym franchise in Southern California
Southern California entrepreneur and mom Katie Haines is solid proof that “doing good” and owning and running a business don’t have to be mutually exclusive. That’s exemplified with her recent investment in We Rock the Spectrum, an autism-focused kids’ gym franchise that offers all children an inclusive, sensory-safe space to play and learn. As a…
Founder of buzzworthy, natural frozen-food line fuels rapid rise with SBA small business loan
The terms all-natural, paleo and frozen-food aisle aren’t normally found together. But whole-foods evangelist Angela Bicos Mavridis has set out to make that the norm at major retailers that you may regularly frequent. Mavridis is the owner of Tribalí Foods — a new product line that offers the convenience of frozen meals without the synthetic…
Unique dual-language school expands footprint in Sacramento, thanks to SBA business loan
A version of this blog post on language school Casa de Español originally appeared on CNote’s website. CNote is a financial platform for socially conscious savers and investors. CDC Small Business Finance proudly partners with the Bay Area-based organization. When most of us think of learning a language, we often think of textbooks and flashcards,…
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