Rebecca Weston, Sacred Mountain Spa

Just how well is she doing? Her first year the business brought in $209,000, and at the end of 2015, the business brought in $313,000, almost a 67% increase. The next year, she increased sales by another 33%. In 2017 and 2018, despite the chaos brought on by wildfires in the area, the spa has weathered the storm. “This fall has been great, we’ve been really busy to where on weekends we have waiting lists,” she said. “So that’s a big plus.” 

Happy Asian Pacific Islander Month!

To celebrate API Month, we thought we’d give a shout out API businesses. Earlier this month, Mayor Garcetti met with a handful of API leaders in Los Angeles to discuss small business issues. The group was kind enough to share their concerns and recommendations for the mayor. API Issues Summary for Mayor Garcetti: Small businesses

SBA and Treasury Appropriations Thus Far

Thanks to Madison Services Group for this update: Wednesday (5/25/16) morning, the House Appropriations Committee will markup the FY17  Financial Services appropriations bill, which funds the Small Business Administration (SBA) and the Department of Treasury.  The bill: Increases funding for the Women’s Business Center program to $19 million, which is a $2 million increase over FY16 Allocates

Vicente Quintana, El Nopalito Produce

Vicente Quintana started El Nopalito Produce in Watsonville, CA with a 30-pound box of cactus paddles. In six years, he turned his kitchen-table business into a thriving concern with six employees, processing 10,000 pounds a week and distributed in more than 30 markets across central California.

A Bankers Perspective with Byron Reed of Wells Fargo

Byron K. Reed is senior vice president and Director of Community Relations for the Los Angeles Metro / Orange County Region for Wells Fargo. He is responsible for spearheading their program to provide investments and loans for community/economic development and low-income housing initiatives throughout his regions. Reed has more than 30 years of banking experience

Microlending Academy Newsletter: CAMEO Microlenders Expand

In this Issue… 2016 MicroLenders Forum – Register Today! Working Solutions Graduates MMS Cohort MMS Success Story:  Nancy and David Ortiz, Buenaventura Travel Agency Accion San Diego Expands to Four Counties VEDC's National Loan Fund Research:  SmallBiz Perspective on Online Lenders News 2016 MicroLenders Forum January 26, 2016 9:00am – 4:00pm Federal Reserve Bank of