SBA 504 Partner Buyouts: Financing Ownership Transitions the Smart Way
Ownership transitions are a natural part of business growth. Whether due to retirement, strategic restructuring, or shifting priorities, partner buyouts can create both opportunity and complexity. What many business owners and lenders do not realize is that the SBA 504 program can be used to facilitate certain partner buyouts when structured properly. What Is a […]
Borrower Spotlight: Nayosha Hospitality and the Quality Inn – Streetsboro
Website: https://www.choicehotels.com/ohio/streetsboro/quality-inn-hotels/oh607?mc=llgoxxpx Location: Streetsboro County: Portage Lending Partner: LendingClub Bank Ownership transitions can open the door to new growth when structured strategically. Nayosha Hospitality LLC provides a strong example of how the right financing solution can support long-term stability and operational efficiency. About Nayosha Hospitality Nayosha Hospitality LLC owns and operates the Quality Inn in […]
Borrower Spotlight: Lee Martin Development and Liberty Tax Linden
Website: https://www.libertytax.com/income-tax-preparation-locations/ohio/columbus/11711Location: Columbus, OhioCounty: Franklin CountyLending Partner: Mutual Federal For more than two decades, Lee Martin Development has been a trusted resource for individuals and small businesses in central Ohio. Through its Liberty Tax Service franchise in Linden, the company has helped clients navigate tax preparation, planning, payroll, and bookkeeping with a personal, community-focused approach. […]
2025 Year in Review: OSDC’s Impact Across Ohio
As 2025 comes to a close, Ohio’s small businesses continue to move forward with the support of strong partnerships and the right access to capital. Throughout the year, we worked alongside lenders, community organizations, and business owners to support projects that created jobs, expanded operations, and strengthened local economies across the state. This year-in-review highlights […]
Celebrating Our 2025 OSDC Award Winners
Each year, OSDC has the privilege of working alongside lenders, referral partners, and community organizations that are deeply committed to supporting Ohio’s small businesses. Our annual awards are an opportunity to pause, reflect, and celebrate the partnerships that make this work possible. The 2025 OSDC Award Winners represent excellence in collaboration, innovation, and community impact. […]
Borrower Spotlight: 5B’s
Website: https://www.5Bs.com Location: Zanesville County: Muskingum Lending Partner: Premier Bank 5B’s began in the Biles family basement in 1980 and has grown into one of the nation’s leading full-service apparel decorators. Founded by Lee Biles, a proud veteran, the company has built its success on dedication, discipline, and craftsmanship—values that continue to shape its culture […]
Borrower Spotlight: Tortilla Street Food
Website: https://www.tortillastreetfood.com Location: Hilliard County: Franklin Lending Partner: Heartland Bank Tortilla Street Food is a well established food truck business started by Walter Equez in 2017. It has long been a top choice for the Columbus, OH food truck aficionado and has established itself as a desired option in the mobile food truck and dining […]
Borrower Spotlight: Drake Dance Academy, LLC
Website: https://www.drakedanceacademy.com Location: Dublin County: Franklin Lending Partner: Park National Bank Drake Dance Academy, LLC is a dance academy formed in 2016 and located in Dublin, Ohio. It is 100% owned by its founder Morgan Drake Foster and is run by Morgan and her husband Andrew Foster. The company began in 2016 with 23 students […]
Borrower Spotlight: LehmanMD
Website: https://www.drakedanceacademy.com Location: Dublin County: Franklin Lending Partner: Park National Bank LehmanMD is a concierge style medical practice in Columbus, OH, providing primary care for adults and children as well as consultative services for Breastfeeding and Lactation Medicine, Perinatal Mental Health, and Obesity Management. The practice was founded by Dr. Kristina Lehman in 2022. Their […]
Borrower Spotlight: Ohio Glass and Aluminum Company
Website: https://www.ohioglass.com Location: Marysville County: Union Lending Partner: Heartland Bank, a division of German American Bank Ohio Glass and Aluminum Company, a commercial full-line glazing contractor that serves the central Ohio market, is a family-owned business with roots dating back to 1915. It was established in 1990 through the purchase of Ohio Plate Glass Company […]