1131 W. Conway Road, Suite A.

 

Harbor Springs, MI 49740

 

Ph: 231-347-6753

 

Fax: 231-347-6786

Success Stories

 

NORTHERN SHORES LOAN FUND, INC. CONTINUES TO HELP LOCAL BUSINESSES GROW!

 

 

Lakeview Home Furnishings, a new custom woodworking and home furnishing design business located in Petoskey and owned by Stephanie Sevener, is the latest business to benefit from loan assistance from Northern Shores Loan Fund, Inc. (NSLF) for expansion of its services.

 

“Over the past year, I found myself filtering more and more requests for detailed, custom work that I was unable to accommodate due to the lack of owning a CNC Router. I continued to find it difficult to find anyone locally to refer the growing requests to, and realized that purchasing this equipment was not only necessary to grow my business, but filled an unmet need locally,” Sevener states. “Due to being a very small, start-up business, l found that the banks locally were unwilling to assist with this rather large purchase, but thankfully Northern Shores Loan Fund, Inc. believed in me and my business and gave me a shot, making purchasing the CNC router a reality”, said Sevener. “I can’t keep up with the demand since purchasing this router and can’t imagine where the business would be without it and the help of Northern Shores Loan Fund, Inc.,” said Sevener.

 

Lakeview Home Furnishings produces a wide range of custom residential and commercial furnishings ranging from tables, dressers, cabinets, and beds, to doors, mirrors, picture frames, and chests, to trim work such as balusters and brackets, to custom pet furniture, to built-in kitchen islands and bookcases.

 

“We are excited to assist Lakeview Home Furnishings in the expansion and growth of its business to meet local and state-wide demand for its services during this difficult economic climate when other lenders will not, stated Lisa McComb, Executive Director of NSLF. “As a Community Development Financial Institution (CDFI) we exist to serve businesses underserved by traditional financial institutions, and Lakeview Home Furnishings is just one example of how we are continuing to successfully support economic development in Northern Michigan at this challenging time,” stated McComb.

 

For more information about NSLF’s services visit their website at www.northernshoresloanfund.org, or contact them directly at 231-347-6753. For information about Lakeview Home Furnishings contact them at 231-348-2596.