“Simply put, without the 504 loan from Pursuit, I wouldn’t have been able to purchase the building and we wouldn’t be where we are today. And as our businesses expand, we have continued to seek support from the SBA for our other ventures.”
Success Stories
“The SBA 504 loan is what really made buying the location possible. I had funded the opening of all three previous locations myself or with Jade Wellness’s profits, so buying the building with a conventional mortgage wasn’t realistic.”
“Once we decided on a bank and brought in Hector DaCosta from Pursuit, the project started to take off. Hector and his team were with us every step of the way and made it much easier to get this done than we would have thought.”
"While
creating our business plan, we knew capital was going to be the biggest hurdle for first time entrepreneurs. We worked with many organizations to refine our business plan, and they referred us to Pursuit. A few
months later the first location of Brooklyn Tea was open and ready for business!"
“The process was quick and easy and the Pursuit team was very helpful. We got the loan in early 2019 and paid off the credit cards right away, which immediately eased our financial situation.”
"It was a real pleasure to work with my loan officer, Ashley. She was clear and knowledgeable about the process, and laid out all the steps I needed to take to get the loan."
“I’m a Type-A personality, so I loved the process. I’m naturally organized and always looking for ways to be more efficient and effective and having to put all of my business ideas and financial projections down on paper actually made it enjoyable for me.”
“When we needed help or had questions, we got the information we needed quickly, which kept the process moving. And although it took time to close both of the loans, it was worth it. We got great terms and in the years since, the service has been terrific.”
"It was so easy. I uploaded all the required documents over the weekend and by that Tuesday, a Pursuit lender called to learn more and walk us through the process. We closed on the loan by the end of that week, which was a huge step forward."
“The initial loan helped me stabilize our business after a couple of shaky years. Having sufficient cash flow and the security of increased financing allowed us to focus on bidding and strategic priorities to keep the business profitable.”
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