Dressed to the canines: PetPaint opts for loan over ‘Shark Tank’
Abe Geary passed up a funding offer from “Shark Tank” that would have turned over a 60 percent equity stake in the company, to direct its development personally.
Read More →Editorial: Big banks commit to local communities
Rabobank announced an investment of $1 million into a small-business loan fund run by the Economic Development Collaborative of Ventura County and Union Bank unveiled a multimillion-dollar investment that allowed the Channel Islands YMCA to return the nonprofit’s regional headquarters to downtown Santa Barbara.
Read More →Entrepreneurship Q&A: Growing your small business in the new economy
As part of an occasional series checking in with small-business experts in the region, the Business Times asked Ray Bowman, the director of the Small Business Development Center at the Economic Development Collaborative — Ventura County, to take part in a written Q&A about entrepreneurial finance.
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Small-business groups can match banks, borrowers
Business is as much about who you know as what you know.
Long-time art gallery owner Sylvia White came to realize that as she struggled to get financing to purchase a building in downtown Ventura. She had purchased the gallery space with owner financing several years earlier. But now the five-year period on that high-interest loan was coming up, and White needed a bank to take over. She was turned down by lenders again and again.
Read More →Anatomy of a business failure: How one small firm was squeezed out
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Read More →Export firms in region see rise in sales
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Read More →Editorial: Ventura County rolls up its sleeves on job creation
Ventura County has taken some first steps toward setting an economic vitality framework into place. A plan presented to the Board of Supervisors on Aug. 7 brings the issue of economic vitality to center stage in a county that’s experienced a very slow recovery from the Great Recession. The plan, presented by the office of Read More →
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