Predatory Lending, Part 2: Finding a better Alternative with CDFIs
Wednesday, September 12, 2018 / Published in Blog
In Predatory Lending, Part 1: an Overview, we painted a picture of how dangerous the waters of predatory lending can be. To review, “Predatory lending is any lending practice that imposes unfair or abusive loan terms on a borrower. It is also any practice that convinces a borrower to accept unfair terms through deceptive, coercive, exploitative or unscrupulous
Wednesday, January 24, 2018 / Published in Blog, Client Stories
3 years ago on New Year’s Eve, Cassie Preston made a resolution to open a business. She started planning with her husband Ashton right away in January of 2015. Less than 1 year later, in September 2015, the two Air Force Veterans opened Steady Flow Growler House & Tasting Room in Spokane Valley. Today, with
Thursday, January 04, 2018 / Published in Blog, Client Stories
Setting goals is critical if you want to make your business dreams a successful reality. This is true whether you are just dreaming of starting a business, growing your new (less than a year old) business, or taking your long established business to the next level. There are advantages to writing down your goals and
Wednesday, December 06, 2017 / Published in Blog, Client Stories
Then: In 2009, Karl and Jessica Kruger took a sailing trip with their 2-year old daughter from Orcas Island to Alaska along the Inside Passage. It was on this trip that the dream of marrying skiing/surfing and sailing was cemented in Karl’s mind and heart. Karl, an outdoor enthusiast of board sports, water and mountains,
Thursday, November 30, 2017 / Published in Blog, Client Stories
Then: Fstopcafé Bainbridge Roasters of Bainbridge Island was born out of a hobby and an unplanned expedition that began nearly 14 years ago. In 2004, David Adler took his first trip to Nicaragua, thanks to an invitation to join a coffee delegation to Isla de Ometepe, Bainbridge’s sister island since 1986. David had been roasting
Wednesday, November 22, 2017 / Published in Blog, Client Stories
Then: In 2010, Martin and Amy Moe opened Greenworks of Washington, a septic repair and pumping company. Why? When the opportunity came, they jumped in with both feet. As consummate entrepreneurs who had worked for a septic company and owned a roofing company for 20 years, they had the skills and saw what needed to
Tuesday, November 21, 2017 / Published in Blog
November 21, 2017 Business Impact NW launches its inaugural Annual Campaign with the goal to raise over $15,000 to support its free to low cost programs and access to capital for undeserved entrepreneurs and small business owners. Help us jumpstart 100 new businesses in 2018 with your support.  You can take action for your community by
Friday, November 17, 2017 / Published in Blog, Client Stories
Then: Bakery Nouveau is a Seattle icon – but just 12 years ago, it was barely a dream. Husband and wife team William and Heather Leaman decided to open a bakery together in 2006, after William captained Bread Bakers Guild Team USA, where he led his team to victory at the Coupe du Monde de
Monday, November 13, 2017 / Published in Blog, Client Stories
Then: It’s 2007, and Crystal Carlson is a successful bakery owner. But she’d like a change; she’d like to open a spa. And not just any spa: a spa as in the Latin term solace per aquum, or “health through water,” in the European style. She has a vision for a workspace where she can
Monday, November 06, 2017 / Published in Blog, Client Stories
Then: In 2008, Vinson Latimore had a personal mission to acquire and own a senior housing facility. He had never owned a business before, but armed with a Master’s degree in Healthcare Administration and experience in the health care industry, he found the ideal assisted living facility to take a look at. It would be