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Innovative Entrepreneur Obtains Commercial Loan

Michael Le

Mindquest Learning

San Gabriel, CA 91776

626-289-3056

Mindquestlearning.net

Challenges

Le had no prior experience securing a commercial loan. Le believed that the commercial loan process was too complicated to undertake on his own; therefore, he began searching for solutions. In addition, Le could not open his business office until the space was in accordance with city regulations. Finally, once Le’s business could open, he needed a marketing plan to earn clients.

Best Advice

Le met in person with Salvatrice Cummo, Business Advisor and Director of the SBDC hosted by Pasadena City College, to receive one-on-one advising on the process of how to obtain a commercial loan, the process of filing required building permits, and on how marketing can grow his business.

Client Impact

Since Le began working with the SBDC, he has turned a small program into a thriving business with new and repeat clients. “A lot of parents come back to me. My program is unique because I practice child-centered learning. I emphasize the emotional needs of the child,” explained Le.
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“The SBDC is my mentor and business partner…Their advice is essential to me and my business. They are like an elder sibling who gave me advice when I needed it.”-Michael Le, Director Mindquest Learning

 

 

Read Le’s full story here

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