Outdoor adventure business secures working capital through Lendio to navigate seasonal challenges.
Reason for a loan
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Employees
1-50
Jon Johnson has always been passionate about unique forms of entertainment. Combine that with his love of nature and his self-professed dreamer personality, and his business venture was all but inevitable.
While he’s fueled by a passion for outdoor adventure, the transition hasn’t been easy. His zipline courses took a year and a half to build, and Jon financed the initial cost with his retirement money and investments from friends. As most business owners will attest, everything ended up costing more than anticipated. Additionally, navigating permits over a federal waterway was complex and time consuming.
While Jon says ziplining is not just a summer activity—ziplining over the frozen reservoir is an amazing experience, and whizzing between snow-covered
Without any hard assets, most banks wouldn’t work with Jon to get the financing he needed to stay afloat and to grow his business. He came to Lendio to get working capital for the lean winter months. “I would definitely recommend Lendio to anyone with my type of business or in my situation. They’ve worked hard to find the right product for me and my business,” he says.
Today, Jon is thrilled with his business and firmly believes in nothing ventured, nothing gained. Zipline Utah prides itself in offering once-in-a-lifetime experiences to out-of-town visitors and locals alike. “I love the look on people’s faces when they’re able to overcome their fears, try something new, and end up with a whole new outlook on nature and their own abilities,” Jon shares.
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