When husband-and-wife team Chris and Rachel Kuenzli decided to expand Therapy OPS – their occupational, physical and speech therapy clinic – they spent six months pursuing a business loan with another bank. The process was in the works, and construction was starting. Then, the project hit a wall.
“After six months, the bank wasn’t committing to us, and we started to get the sense that they weren’t actually going forward with the project,” said Chris.
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When business partners Bradley Wohlers and Laurie Barger set out to fund their innovative small business idea – the young entrepreneurs faced immediate rejection. “We went through a lot of meetings with SBA lenders, and to be quite frank, we were laughed out of some meetings,” said Wohlers. The Mahtomedi, MN native admits, their idea is different – but it had the potential to disrupt the entertainment market in the East Metro area of the Twin Cities.
How Dental Financing/Practice Loans fit into the lending perspective. Dental financing/Practice Loans fits into the category of Owner Occupied Lending and is a subcategory of the Medical Professional arm of
How to choose the best Minneapolis-St. Paul bank of your SBA loan. For those seeking to start, buy or expand a business – or, for those in need of