Matt has been professional, informative, and a critical source of knowledge throughout the SBA loan process. This SBA loan has had an extremely positive impact on the business so far, and the structure of it has made all the difference. I absolutely would and have already recommended Matt Putnam and Dogwood State Bank Small Business Lending to other small business owners and entrepreneurs in need of financing. Every single person I encountered was extremely professional, patient, and helpful.
Client Profile
BurgerIM is a Chef-inspired, fast-casual restaurant serving customized hamburger flavors, toppings, sauces, fries and more. Originally started in Israel, the first American BurgerIM franchise was introduced in Los Angeles in 2011 and has grown to over 200 franchises in the United States. At BurgerIM, customers can expect quick service and freshly prepared, made-to-order burger options. Aaron Warren started his BurgerIM franchise in Gambrills, Maryland, the fifth BurgerIM franchise to open in Maryland.
Loan Profile
Having owned a small business previously and worked extensively in both communications and management, Aaron knows firsthand the careful planning necessary to start and run a business. When the opportunity arose to start a BurgerIM franchise, Aaron jumped at the chance. After being referred to Matt Putnam by another member of the Dogwood State Bank team, the two worked together to determine the best option for financing the new BurgerIM franchise and ultimately decided on the SBA 7(a) loan. One of the most popular loan options available to small business owners, the SBA 7(a) loan provided the flexibility and benefits needed to jumpstart the franchise, including a competitive interest rate, and position it for future growth as Aaron looks to expand into even more locations.
If you are interested in starting a franchise or need financing for another business endeavor, consider whether an SBA loan could be a good option for your business. Get to know our Business Lending Specialist, Matt Putnam, and learn more about our SBA Loan options here. Don’t hesitate to reach out with any additional questions you may have about the SBA program – we are here to help!
