Ryan Clayton was great to work with and was very helpful on setting the proper expectations. He understood every question or challenge and provided the answer whenever needed. Whatever the challenge was, he would stay right on it with me until it was resolved. I would recommend Ryan Clayton and Dogwood State Bank to other entrepreneurs looking to pursue an SBA loan.
Client Profile
Stocks Investments, Inc. is a Golden Corral franchise located in Lumberton and Smithfield, North Carolina. Golden Corral is a popular, family-oriented buffet restaurant chain offering a salad bar, soups, hot foods, and bakery items. Their menu items are made from scratch with options for the whole family. Dalton Stocks has been with Golden Corral since the young age of 16, working his way up to Assistant Manager by age 18. Following his graduation from college, Dalton was offered a Salary Management position and was eventually appointed Director of Training of the Eastern Region of the U.S. Having learned the business inside and out, he decided to open his first franchise in 2004 in Fuquay-Varina, North Carolina. After determining Lumberton and Smithfield to be a promising new location for a franchise, Dalton worked with Business Lending Specialist, Ryan Clayton to move forward with an SBA loan.
Loan Profile
Dalton is familiar with the SBA program, having utilized SBA franchise loans since 2004. As a sole owner of his business, the SBA program allowed Dalton the terms and flexibility needed to pursue a loan. With lower down payments, longer terms, and less restrictive collateral requirements, the SBA 7(a) loan offers many benefits to entrepreneurs looking to start or own their own business. The SBA 7(a) loan allows for multiple uses of proceeds to be combined into one loan solution, making it a great option for a wide range of financing needs.
If you are interested in pursuing an SBA loan, visit our website to learn more about the programs we offer and get to know our Business Lending Specialist, Ryan Clayton. Our team of Business Lending Specialists is ready to help you reach your business goals!
