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Client Highlights: <br /> <br />Closed Loan: <br /> <br />TC HYDRO SEEDING, INC. <br />TC HYDRO SEEDING, INC. is in the business of hydro seeding, an efficient way to <br />simultaneously plant and nourish a large area of grass or wild flowers. The company’s <br />trucks use a specialized pump to disperse a liquefied mixture of carefully selected seeds, <br />mulch, fertilizer, and water. Their products are eco-friendly and “green.” After renting the <br />same location in Little Canada for 10 years, owner Tim O’Donnell, a New Brighton resident <br />had the opportunity to purchase the existing location. Northeast Bank and MCCD partnered <br />to help Tim with the financing of the real estate acquisition. <br /> <br />Client consulting <br /> <br />• Advised entrepreneur on various marketing strategies for each target market he's <br />approaching for his expense reduction consulting business <br /> <br />• Assisted client with negotiating a bigger warehouse space for his graphic design <br />company <br /> <br />• Assisted entrepreneur with expansion and financing plans for his auto related <br />business <br /> <br />• Helped client explore the appropriate legal business entity, and assisted in setting up <br />a bookkeeping system. <br /> <br />• Assisted client to get current with payroll taxes <br /> <br />• Helped client develop a beta testing plan for her amusement vending machine <br />business with first location in New Brighton <br /> <br /> <br />Credit Builder Loans: <br /> <br />In 2018, MCCD provided one credit builder loan to a New Brighton resident. MCCD works in <br />partnership with several nonprofit organizations to offer the credit building program. Our <br />partners provide financial counseling in conjunction with small personal loans from MCCD. This <br />combination of counseling with loans is helping program participants improve their credit scores, <br />thus allowing for better interest rates for various types of lending. <br /> <br /> <br />Client Testimonial <br /> <br />Hey folks, best kept secret for small biz owners in New Brighton --> free consultations with an <br />experienced small business consultant, courtesy of New Brighton's Open to Business program. I've <br />already spent valuable time strategizing my home inspection business, and I sleep way better at <br />night as a result. <br />New Brighton Client posting on City’s Facebook page