What was the investment for? Expansion of the E-bike rental fleet.
Why did we decide to invest? This loan allowed Jonas to add capacity in time for the busy summer rental market. We were impressed with his business model and growth over the past two years, as well as his enthusiasm.
How does this business improve the overall quality of life in the white river watershed area? The E-bike rental business benefits local residents and tourists alike, and sales of new and used bikes helps to expand access to this energy efficient and healthy form of transportation. The tours also bring new revenue to local breweries and other small businesses, helping to strengthen our community.
What was the investment for? Funds from the loan are being used to hire a team of sales reps for Z Botanicals.
Why did we decide to invest? The combined knowledge and talents of the two owners have created a popular and fast-growing line of natural, organic health and beauty products. Growing or wild-harvesting the ingredients; hand-making and packaging each batch of tincture, salves or teas; along with all the other responsibilities involved in running business have kept Lyndsay and Zanni busy, and left them little time to expand sales to their full potential. The loan from WRIC 2 will open up new markets for the company.
How does this business improve the overall quality of life in the white river watershed area? Z Botanicals is a socially responsible business, and its growth will likely create job opportunities in the area. And aren’t people everywhere striving for health and beauty?.