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Tips for a Successful SBA Loan Application for Food Industries: How to Secure Financing
In order to secure most small business loans, businesses have to provide three years of financial data to demonstrate that they can earn enough to make their monthly loan payment. However, for food industry businesses, the last few years may not be indicative of typical performance because of several pandemic-era relief programs and changes […]
Borrower Spotlight: Dankhouse Brewing Company
Website: DankHouse Brewing Co. – Craft Beer, IPA’s and Sour Beer Location: Newark County: Licking Lending Partner: The Community Bank Dankhouse Brewing Company is a craft brewery and tap room located in Newark, Ohio. Founded in 2017, Dankhouse has been providing quality craft beer to the residents of Newark and the surrounding area, winning major […]
Borrower Spotlight: Prost Beer and Wine Cafe
Website: Prost Beer & Wine Café – Reynoldsburg, OH (prostcafe.com) Location: Reynoldsburg County: Franklin Lending Partner: Heartland Bank Prost Beer and Wine Café is a bar and restaurant located in Reynoldsburg, Ohio offering a wide variety of quality food and adult beverages with an “upscale casual” feel. OSDC worked with Heartland Bank to help Prost […]
Borrower Spotlight: AmBari Nutrition
Website: https://www.ambarinutrition.com/ Location: Elyria County: Lorain Lending Partner: Buckeye Community Bank Founded in 2007, AmBariNutrition is an e-commerce store providing bariatric vitamins, bars, shakes, and protein supplements used by athletes, bariatric patients, and medical weight loss patients. The company has a large online presence, shipping its products to customers across the United States and Canada. OSDC worked […]
Borrower Spotlight: Northstar Café
Website: https://www.thenorthstarcafe.com/location/northstar-cafe-westerville/ Location: Westerville County: Franklin Lending Partner: PNC Bank Northstar Café is a fast casual restaurant that uses certified organic foods and ingredients and makes sauces and breads from scratch on site. There are six Northstar Café locations across Ohio. The restaurants have received numerous awards for best restaurant, best dishes, and excellence in architecture, among many […]