Yoga studio owner finds growth funding with Lendio after local bank denies expansion loan.
Reason for a loan
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1-50
While spending 12 years in New York City’s financial sector, Alyssa Snow asked herself an important question, “What am I contributing to the world?”
Shortly thereafter, Alyssa left the financial world with a desire to create jobs in her local community and to create a studio for people to feel peace and healing, and Mind Body Soul Yoga studio was born.
Alyssa’s studio was a bigger success than she had planned for, so she went to a local bank that she had worked with for years to get an expansion loan, with no success. Frustrated, she was reading a Fortune article about Lendio and how they were helping small businesses in her exact situation and decided to give it a try.
She goes on to explain, “I went online, filled in a few things and I immediately had a call. It was a gentlemen saying, okay, here is your business and here are your options. It was amazing and I’ve never had so many options.”
“Now that the business is healthier, and I have the opportunity to save money with cash flow, I don’t have to let people go, I’m supported and now can look at what experiences I want to give my children.”
Alyssa Snow is a mother, foster mother, entrepreneur, and yoga instructor. She’s combined all of the skills she’s learned into running her business, Mind Body Soul Yoga and used Lendio to fuel her American Dream.
To get started with Lendio and see all of your loan options in one place, click here.
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