Choice Market Colfax
The SBA 504 Loan Program is a great way to help small business owners finance unique and creative business models. One such success story is Choice Market Colfax, a borrower who was able to grow their business with the help of an SBA 504 loan in partnership with InBank.
Choice Market Colfax has been a repeat borrower of B:Side Capital and are unique in their triple bottom line business model. The loan proceeds were used to purchase and renovate a special use property, which is now their third location in the metro Denver area. They are a revolutionary gas station and convenience store concept. With electric car charging stations, modern self check-out kiosks, a mobile app, and access to fresh groceries, catering, and even Colorado craft beer–you won’t find a more creative one-stop shop!
The SBA 504 Loan Program can be used to finance innovative business models like this one, who need options other than traditional bank financing. B:Side Capital is proud to offer flexible financing options so that businesses like Choice Market Colfax can continue growing while we mitigate the risk involved for our partner lenders.
Have a small business client with a unique model? Need non-traditional financing for businesses outside your credit box? Chat with one of our loan experts today!