On Friday, May 10, 2019, the U.S. Small Business Administration (SBA) hosted their 2019 Awards Ceremony in celebration of National Small Business Week. The event took place at Front Range Community College where Vail Mountain Coffee & Tea Co. was inducted into the SBA hall of fame.
“We are honored to be recognized by the SBA and to follow many other great Colorado business” Arseneau Said, Co -Founder Of Vail Mountain Coffee & Tea. The Wall of Fame recognizes successful small businesses that have widespread brand recognition and also received support from the SBA. In this case, the SBA helped Vail Mountain Coffee & Tea Co. through its SBA 504 loan program, which helps small businesses acquire owner-occupied commercial real estate with minimal down payments and low fixed rate financing, partnered with Colorado Lending Source.
Owners, Chris Chantler and Craig Arseneau, accepted this recognition during the ceremony where Chris gave advice to small business owners looking for funding, “More often than not, businesses are under financed. It’s important for small businesses owners to obtain the right amount of capital to make them successful. We were very fortunate to have a worked with a banker to help us understand our financing needs who introduced us to Colorado Lending Source and the options that SBA offers.”