Congratulations to Moises Vidales, owner of Deluxe Auto Body & Paint in Canoga Park, CA for a successful funding of his new business!
Moises visited VEDC’s North Valley BusinessSource Center in March 2017 seeking a loan to purchase the successful auto shop from its existing owner. While a loan through VEDC wasn’t possible at the time, our BusinessSource Center staff continued to counsel Mr. Vidales with workshop courses and one-on-one training throughout his purchase of the business, identifying necessary purchase agreement items to be added and providing support during the sale. Eventually our team could provide everything California Bank & Trust needed to successfully finance Moises’s venture by the first week of June.
We are incredibly proud of Moises Vidales for pursuing his dream of business ownership, and our North Valley team for helping another small business achieve success in California.