Minority owned start-up S.C.O.R.E.s Micro-loan through creative financing.
Minority owned start-up S.C.O.R.E.s Micro-loan through creative financing
West Palm Beach, FL August 25, 2003 — Angel’s Transportation Services, Inc., a minority owned company specializing in transportation and set-up of mobile offices, receives unprecedented start-up financing through collaboration between S.C.O.R.E. โ” The SBA’s “Counselors to America’s Small Business” , The Business Loan Fund of The Palm Beaches, and Multiple Funding Solutions, Inc.
In March, 2003, Claudia and Angel Gonzales contacted S.C.OR.E. to discuss a business idea. โWe were long on vision, experience, determination, and commitment โ” but like many new companies, short on start-up capitalโ. Four months later, the Gonzales’ closed on a start-up loan and Angel’s Transportation Services, Inc. opened for business.
S.C.O.R.E. counselors helped the couple create a business plan and referred them to Multiple Funding Solutions, Inc. for further assistance. The company’s pre-startup incubation services included research on financing options and led them to a Micro-loan program offered by The Business Loan Fund of The Palm Beaches, Inc.
The Gonzales’ collateralized their loan by utilizing Multiple Funding Solutions, Inc.’s Accounts Receivable Funding program. The program ensures timely loan payments and allows the couple to operate Angel’s Transportation Services by guaranteeing a steady, predictable cash flow.
About Angel’s Transportation Services, Inc.
Angel’s Transportation Services, Inc. provides transportation and set-up of mobile offices, school portables, containers, and the like throughout all of Florida
CONTACT: ATS โ” Angel’s Transportation Services, Inc. โ” (561) 946-6928
About S.C.O.R.E
Working with our 389 local chapters, SCORE reaches small business owners across the countryโ”from Maine to Hawaii. SCORE chapters serve as your local connection to small business know how.
CONTACT: S.C.O.R.E. Chapter 224 โ” (561) 833-1672
About Multiple Funding Solutions, Inc.
Multiple Funding Solutions, Inc. provides professional Cash Flow Consulting which helps individuals and small to midsize businesses improve their cash flow and finances by providing immediate access to cash at minimal costs โ” without acquiring additional debt! We are proud to be an independent company and a certified member of the American Cash Flow Association.
CONTACT: Multiple Funding Solutions, Inc. โ” (561) 746-1954
About The Business Loan Fund of The Palm Beaches, Inc.
Business Loan Fund of The Palm Beaches Inc is a Florida 501(c)(3) non-profit corporation whose chartered mission is…” to assist small business and communities with creating new wealth , jobs and economic development necessary to sustain the region’s investment-starved communities”. The company provides loans for startups and existing businesses, lending money to entrepreneurs who might not otherwise be able to access the capital they need to start or expand their businesses.
CONTACT: The Business Loan Fund of the Palm Beaches โ” (561) 838-9027
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