Name and Business - Sanjeev Bala of Carstairs Liquor Stop
Location - Carstairs
Assistance from Community Futures Central Alberta:
*Business Plan assistance
*Small Business loan
CFCA Impact: "We reached out to CFCA in September after reaching a standstill with a different bank. We got introduced to Dayton Bannab from the Red Deer office and immediately felt better after an initial conversation. Dayton was knowledgeable and informed us of the process and some things they could help with. Up to this point the project was carried by personal resources in hopes that funding would be arranged. We started a loan application and with some guidance from Dayton we were confident we could finish the project with help from CFCA. Based on his experience we felt confident in the projections and cash flow for the first year. We were successful in obtaining financing and could not have opened the doors on our business without CFCA. Currently we employ one local staff member and are hoping to employ a second this summer as the business continues to grow."
