America’s SBDC Blog

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Off to a Fast Start

December 14, 2015
IL-Success-HB-CoatingsSuccess Story: Illinois

“The SBDC quickly helped us fine-tune our business plan, made introductions to potential lenders, connected us with a legal advisor and prepared our team for becoming operational as soon as humanly possible. It was – and still is – an extremely fast-paced, rewarding process.” – Ashley Hunsaker, Chairwoman and Co-Owner, HB Coatings, LLC

Impact of Working with the Metro East SBDC:

  • Utilized SBA programs to secure $1.205 million in asset funding along with a $200,000 working line of credit through Midwest Regional Bank
  • HB Coatings is conservatively projecting revenues to surpass $4 million, with up to eight employees in the first 12 months

Read the whole story, and learn more about the Illinois Metro East SBDC and HB Coatings, LLC.