There is almost nothing more stressful than putting your financial future on the line. You only want to do that with people you can trust, who communicate effectively, and know what they’re doing. Lee and the team at Dogwood State Bank were all of those things. Lee has been so great. He is easy to get a hold of, quick to respond, calm, and knowledgeable. The loan process was all laid out for me – I always knew what to do and what was going to happen next.
Client Profile
Pet Supplies Plus is a national pet supplies franchise with over 550 franchises located across the United States, offering a full range of pet supplies and pet care services. Pet Supplies Plus prides themselves on being a trusted advisor to customers, called “neighbors” in their community, providing a high level of service and expertise on pet food and pet care needs. Jon Barlow, a Pet Supplies Plus franchisee, plans to bring a new location to Conroe, Texas, located just north of Houston.
Loan Profile
For decades, franchise owner, Jon worked as a consultant in the tech industry, helping small tech companies grow into large, recognizable firms. With his customer-service oriented background and hands-on experience helping facilitate businesses’ growth, Jon was well-positioned and ready to start building a business of his own. Among other things, Jon was attracted to Pet Supplies Plus for their obvious commitment to helping franchise owners succeed. Understanding the importance of being properly capitalized throughout the early stages of the business, Jon sought a loan solution that would fund not only the store, but also provide financing for equipment, inventory, working capital, and more. After determining the SBA Program to fit the bill, Jon connected with Business Lending Specialist, Lee McLean. Lee and the team at Dogwood State Bank worked to create a custom SBA 7(a) Loan solution to meet the needs of the franchise startup, which provided the capital Jon needed to complete construction and open the store on time.
Dogwood State Bank Small Business Lending provides custom loan solutions to small business owners across the nation. From business acquisitions to franchise purchases, we have your lending needs covered. To learn more about our SBA Programs and get to know Business Lending Specialist, Lee McLean, visit our website!
