Lee McLean, that’s my hero! Lee is professional, knowledgeable, and a good human being. He held my hand every step of the process, provided clear instructions, and always had an answer to me by the end of the day. The whole SBA process was very smooth – all credit to Dogwood. I had a time constraint, and everyone at Dogwood was always two steps ahead, doing what they could to get my loan approved faster. Because of its employees like Lee and its services, Dogwood is one of the best banks I have seen, and I would recommend Dogwood to anyone looking for an SBA loan.
Client Profile
Saladworks is a fast-casual franchise restaurant offering fresh, healthy options including salads, paninis, soups, salads, and a kids’ menu. With over 80 ingredients to choose from, Saladworks provides a fully customizable, flavorful meal option with accommodations for a variety of diets. Owner Atit Shah plans to open his franchise in a newly renovated mall in the heart of Woburn, Massachusetts, in close distance to both offices and residential areas. Saladworks is the first restaurant concept of its kind in the area, bringing a new mix and match salad option.
Loan Profile
While on his own personal health and weight loss journey, Atit noticed a lack of quick, healthy meal options in the Woburn city area. With a goal of owning his own business, Atit put the pieces together and began to search for healthy, fast casual franchise opportunities. Saladworks was the perfect fit. With past experience helping run a franchise, Atit understands what it takes to succeed as a franchise business and was drawn to franchising for the unique opportunity it offers to start a business, while having the corporate support throughout the process. In need of a lending solution, Atit connected with Dogwood State Bank Business Lending Specialist, Lee McLean who recommended the SBA 7(a) Loan Program. Atit was attracted to the SBA Program for the favorable terms it offered, giving him opportunities not offered through conventional loan options. With lower down payments, longer loan amortization and less restrictive collateral requirements, the SBA 7(a) Loan provides a unique opportunity for franchise startups.
To learn more about how an SBA Loan can be used to fund your next project and get to know Business Lending Specialist, Lee McLean, visit our website. Our team is dedicated to providing guidance and support throughout the entire loan process to help small business owners bring their goals to life.
