Borrow Time
Leave me a loan, financial fitness training, cool and collected.
Norma Teran saw a need in Fresno County, California, for an employment agency that specialized in part-time and temporary dental personnel. After preparing a business plan, she determined she'd have to borrow $5,000 to finance her venture.
With business plan in hand, Teran visited the Valley Small Business Development Corp. in Fresno. "Getting a microloan was a snap," says the veteran dental assistant. "They helped me complete the paperwork that day, and 45 days later, I had the money." Teran bought furniture, supplies, a computer and software, using the balance of the loan for operating capital and marketing expenses. Today, she's celebrating the first anniversary of Dental Team Coordinator, serving Fresno and Kings counties from her home office in Sanger, California.
Continue reading this article - and everything on Entrepreneur!
Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5.
Get 3 months free with code zendesk
Presented by Zendesk

Entrepreneur Editors' Picks
-
Zooey Deschanel Embraces the Word 'Quirky' and Thinks Businesses Should Too
-
A Simple (But Not Easy) Guide to Achieving Almost Any Dream
-
Making Time to Be 'Useless' Is a Vital Part of Creating Anything Valuable
-
A Billionaire Who Operates More Than 2,400 Franchises Knows These Types of Franchisees Make the Most Money
-
How Relentless Optimism Fuels Success for Hilary Schneider, CEO of Shutterfly
-
The Paradox of Celebrity Tequila
-
Social Media Was Draining Me, So I Gave It Up. My Business Has Never Been Stronger.