When we started Victory Brewing Company, we were two beer lovers who knew we could make a flavorful, quality product that other beer fans would enjoy. Like many small business owners and entrepreneurs, we looked to Seedcopa and their SBA loans to help us get started. The SBA 7A loan program helped to put us on a path to success, by covering a portion of the collateral and guaranteeing a portion of the loan. This gave us the necessary funding to buy the equipment we needed, build our brewery and hire a staff. As we continued to grow along with the craft beer industry, we turned to Seedcopa when we obtained a loan through the SBA 504 Program. The 90% financing offered through the SBA 504 Program allowed us to sell fewer shares in the company, therefore maintaining a larger percentage of ownership. Through our growth, Seedcopa was there to present our different financing options, helping us to see the advantages and disadvantages of each. They were a pleasure to work with, and have helped Victory Brewing Company become the company it is today.
We recently saw an opportunity to expand our family-owned Bowling business into a second South Philadelphia location and Seedcopa was very supportive of the idea and helped make it happen.
Although the process of getting financing is complex, Seedcopa assisted us with the process using their proven system, allowing us to focus on our daily operations while simultaneously expanding our company.
A couple of years ago, our family-owned chiropractic business saw the opportunity to expand services, hire additional staff and move into a larger property, but we needed the financing to make it a reality. It gave us great peace of mind to know we were in capable hands with the people at Seedcopa. They walked us through every step of the process to get the financing to expand our business and now our expanded business is thriving!
I founded Lords & Ladies Salons in 1991, and now we have seven salons, employ approximately 300 employees, and service more than 160,000 clients. Based on the success of our existing locations, we recently determined our ability to grow and open yet another facility. However, the asking price for the building was over $1 million. That meant we needed a loan and, as with all loan applications, there were documents and eligibility requirements to get through. However, Seedcopa made navigating the entire process less difficult. Their dedication and active process management made the difference in fast tracking the underwriting process. The responsive attention they gave and how they kept up with the dozens of details required to process the loan were beyond professional and competent. Anyone seeking commercial financing should go to Seedcopa because of the experience and guidance they provide. I can’t recommend them highly enough.
Since 1989, our company has designed and manufactured packaging and processing equipment for the food industry. Over the past three years, we grew to such an extent that we needed to purchase an 80,000 square foot building in Souderton. This was a multi-million project for which we wanted a 504 loan, so we turned to Seedcopa. I thank them for helping us with funding for the purchase of our property. With their diligence and knowledge of the 504 process, we secured the money we needed at competitive long-term rates.
As the only company in the nation that manufactures and installs fixtures used for product displays, storage racks, and wall protection for large retailers, we seized the opportunity to purchase the 429,000 square foot property we had leased for years in Bensalem. We turned to Seedcopa and the team of professionals walked us through the paperwork, helping us secure our 504 loan guiding us through the entire process. You could use another certified development company, but given Seedcopa’s longevity and expertise, I don’t see why you would.