{"id":17701,"date":"2016-11-30T14:17:24","date_gmt":"2016-11-30T22:17:24","guid":{"rendered":"https:\/\/wp2.nationalfunding.com\/?p=17701"},"modified":"2023-09-15T09:17:19","modified_gmt":"2023-09-15T16:17:19","slug":"from-small-loans-to-big-business","status":"publish","type":"post","link":"https:\/\/www.nationalfunding.com\/blog\/from-small-loans-to-big-business\/","title":{"rendered":"From Small Loans To Big Business"},"content":{"rendered":"<div id=\"pl-17701\" class=\"panel-layout\">\n<div id=\"pg-17701-0\" class=\"panel-grid panel-no-style\">\n<div id=\"pgc-17701-0-0\" class=\"panel-grid-cell\" data-weight=\"1\">\n<div id=\"panel-17701-0-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"0\" data-style=\"{&quot;background_display&quot;:&quot;tile&quot;}\">\n<div class=\"so-widget-sow-editor so-widget-sow-editor-base\">\n<div class=\"siteorigin-widget-tinymce textwidget\">\n<p>Nearly all large corporations have humble beginnings as small businesses. And for many, the road to becoming a big business was paved with financial assistance, in form of <a href=\"https:\/\/www.nationalfunding.com\/small-business-loans\/\">small business loans<\/a> or infusions of working capital. Our infographic below, From Small Loans To Big Business, illustrates the <a href=\"https:\/\/www.nationalfunding.com\/solutions\/business-financing\/\">business financing<\/a> journey that some of the nation\u2019s largest companies have taken on their road to success.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"pg-17701-1\" class=\"panel-grid panel-no-style\">\n<div id=\"pgc-17701-1-0\" class=\"panel-grid-cell\" data-weight=\"1\">\n<div id=\"panel-17701-1-0-0\" class=\"so-panel widget widget_sow-image panel-first-child\" data-index=\"1\" data-style=\"{&quot;background_display&quot;:&quot;tile&quot;}\">\n<div class=\"so-widget-sow-image so-widget-sow-image-default-813df796d9b1\">\n<div class=\"sow-image-container\"><img loading=\"lazy\" decoding=\"async\" class=\"so-widget-image alignnone\" src=\"https:\/\/wp.natfundcdn.com\/stage\/uploads\/2015\/12\/06182726\/Small-Loans-Big-Business.jpg\" alt=\"From small loans to big business\" width=\"1001\" height=\"6521\" \/><\/div>\n<\/div>\n<\/div>\n<div id=\"panel-17701-1-0-1\" class=\"so-panel widget widget_infographic_embed_widget infographic-embed-widget panel-last-child\" data-index=\"2\" data-style=\"{&quot;padding&quot;:&quot;25px 0px 25px 0px&quot;,&quot;background_image_attachment&quot;:false,&quot;background_display&quot;:&quot;tile&quot;}\">\n<div class=\"panel-widget-style panel-widget-style-for-17701-1-0-1\">\n<p><!-- infographic stuff below --><\/p>\n<h3>Embed this image on your blog or website:<\/h3>\n<p><textarea class=\"infographic-textarea\">&lt;\/p&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;<br \/>\n&lt;p&gt;&lt;a href=&#8221;https:\/\/www.nationalfunding.com\/blog\/from-small-loans-to-big-business\/?&#8221;&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;<br \/>\n                &lt;img width=&#8221;1001&#8243; height=&#8221;6521&#8243; src=&#8221;https:\/\/wp.natfundcdn.com\/stage\/uploads\/2015\/12\/06182726\/Small-Loans-Big-Business.jpg&#8221; class=&#8221;attachment-full size-full&#8221; alt=&#8221;From Small Loans To Big Business Infographic&#8221; srcset=&#8221;https:\/\/www.nationalfunding.com\/wp-content\/uploads\/2015\/12\/Small-Loans-Big-Business.jpg 1001w, https:\/\/www.nationalfunding.com\/wp-content\/uploads\/2015\/12\/Small-Loans-Big-Business-46&#215;300.jpg 46w, https:\/\/www.nationalfunding.com\/wp-content\/uploads\/2015\/12\/Small-Loans-Big-Business-768&#215;5003.jpg 768w, https:\/\/www.nationalfunding.com\/wp-content\/uploads\/2015\/12\/Small-Loans-Big-Business-157&#215;1024.jpg 157w&#8221; sizes=&#8221;(max-width: 1001px) 100vw, 1001px&#8221; \/&gt;            &lt;\/a&gt;&lt;\/p&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;<br \/>\n&lt;p&gt;This infographic was brought to you by &lt;a title=&#8221;Home Page&#8221; href=&#8221;https:\/\/www.nationalfunding.com\/&#8221;&gt;National Funding&lt;\/a&gt;&lt;\/p&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;&lt;br \/&gt;<br \/>\n&lt;p&gt;        <\/textarea><\/p>\n<p>Copy the code above and paste it into the HTML of your blog or site where you want it to show up.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"pg-17701-2\" class=\"panel-grid panel-has-style\" data-style=\"{&quot;padding&quot;:&quot;50px 0px 0px 0px&quot;,&quot;background_image_attachment&quot;:false,&quot;background_display&quot;:&quot;tile&quot;,&quot;cell_alignment&quot;:&quot;flex-start&quot;}\">\n<div class=\"panel-row-style panel-row-style-for-17701-2\">\n<div id=\"pgc-17701-2-0\" class=\"panel-grid-cell\" data-weight=\"1\">\n<div id=\"panel-17701-2-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"3\" data-style=\"{&quot;background_image_attachment&quot;:false,&quot;background_display&quot;:&quot;tile&quot;}\">\n<div class=\"so-widget-sow-editor so-widget-sow-editor-base\">\n<div class=\"siteorigin-widget-tinymce textwidget\">\n<h2>From Small Loans to Big Business<\/h2>\n<p><strong>How some industry leaders used limited means to achieve their dreams<\/strong><\/p>\n<h3>Dominoes<\/h3>\n<p><strong>How It Started<br \/>\n<\/strong>1960 &#8211; Tom and Jerry Monaghan bought DomiNick&#8217;s in Ypsilanti, Michigan, and a 15-min pizza-making lesson became Domino&#8217;s.<\/p>\n<p><strong>How Much It Took<br \/>\n<\/strong>Borrowed $900<\/p>\n<p><strong>Annual Sales Revenue: $1,990,000,000<\/strong><\/p>\n<p><strong>Key Moments<\/strong><\/p>\n<ul>\n<li>Opened 11,000 stores (5,000+ outside the U.S.), serving 1.5M pizzas a day globally.<\/li>\n<li>AnyWare Ordering: Customers can order through text, tweet, smart TV, car, smart wtaches, voice, desktop, mobile, and tablet.<\/li>\n<\/ul>\n<h3>Chipotle<\/h3>\n<p><strong>How It Started<br \/>\n<\/strong>1993 &#8211; Steve Ells Opened Chipotle, selling affordable burritos with fresh and sustainable ingredients.<\/p>\n<p><strong>How Much It Took<\/strong><br \/>\n$85,000 loan from dad<\/p>\n<p><strong>Annual Sales Revenue: $826,900,000<\/strong><\/p>\n<p><strong>Key Moments<\/strong><\/p>\n<ul>\n<li>1996: 3rd location funded by <a href=\"https:\/\/www.nationalfunding.com\/blog\/sba-loans-funding-coronavirus-and-alternative-funding\/\">SBA loan<\/a><\/li>\n<li>1998: McDonald&#8217;s invested $360M and funded nationwide expansion<\/li>\n<li>2006: Went public, McDonald&#8217;s fully divests from Chipotle<\/li>\n<\/ul>\n<h3>Ben and Jerry&#8217;s<\/h3>\n<p><strong>How It Started<br \/>\n<\/strong>May 1978 &#8211; Ben Cohen and Jerry Greenfield opened 1st Ben and Jerry&#8217;s in Burlington, Vermont, after a $5 ice cream making course.<br \/>\n<strong>How Much It Took<br \/>\n<\/strong>$12,000 ($4,000 borrowed)<\/p>\n<p><strong>Annual Sales Revenue: $132,000,000<\/strong><\/p>\n<p><strong>Key Moments<\/strong><\/p>\n<ul>\n<li>2015: Opened total of 586 scoop shops, both in U.S. and internationally<\/li>\n<li>Originally offered 12 flavors (Vanilla being 1st), now offers 41 flavors (ex. Cherry Garcia)<\/li>\n<\/ul>\n<h3>Bonobos<\/h3>\n<p><strong>How It Started<br \/>\n<\/strong>Stanford Business School roommates Brian Spaly and Andy Dunn created online business for better-fitting pants.<br \/>\n<strong>How Much It Took<br \/>\n<\/strong>Borrowed $200,000 &#8211; $100,000 each from Joel Peterson and Andy Rachleff (Stanford GSB faculty members)<\/p>\n<p><strong>Annual Sales Revenue: $69,300,000<\/strong><\/p>\n<p><strong>Key Moments<\/strong><\/p>\n<ul>\n<li>Largest online U.S. clothing brand with distribution in Nordstrom&#8217;s 118 stores and 20 of its own retail showrooms.<\/li>\n<li>Known for &#8220;Bonobos ninjas,&#8221; who deliver net promoter score of 88<\/li>\n<\/ul>\n<h3>Warby Parker<\/h3>\n<p><strong>How It Started<br \/>\n<\/strong>2010 &#8211; Wharton MBA students Neil Blumenthal, Dave Gilboa, Jeffrey Raider, Andrew Hunt launched Warby Parker as an alternative to expensive glasses.<\/p>\n<p><strong>How Much It Took<br \/>\n<\/strong>Started with less than $400,000 &#8211; less than $150,000 of their own money, plus a $50,000 line of credit, and a $200,000 loan from a regional bank.<\/p>\n<p><strong>Annual Sales Revenue: $35,000,000<\/strong><\/p>\n<p><strong>Key Moments<\/strong><\/p>\n<ul>\n<li>Opened total of 14 in-store locations from Seattle, San Francisco, New Orleans, New York, and 4 showroom locations.<\/li>\n<li>Try-On program: Participants have posted 25,000 images on Warby Parker&#8217;s Facebook and 40,000+ on Instagram since launched in February 2010.<\/li>\n<\/ul>\n<h3>Steve Madden<\/h3>\n<p><strong>How It Started<br \/>\n<\/strong>With only $1,100 in the bank, Madden used credit to manufacture 500 pairs of the &#8220;Marilyn&#8221; and sold samples from his car trunk.<\/p>\n<p><strong>How Much It Took<\/strong><br \/>\n$1,100 and credit<\/p>\n<p><strong>Annual Sales Revenue: $1,330,000,000<\/strong><\/p>\n<p><strong>Key Moments<\/strong><\/p>\n<ul>\n<li>2015: Steve Madden retail stores located in 25 states in the U.S. and in 42 countries worldwide.<\/li>\n<li>5 business segments: wholesale footwear, wholesale accessories, retail, 1st cost, and licensing, with 7 divisions in wholesale<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nearly all large corporations have humble beginnings as small businesses. And for many, the road to becoming a big business was paved with financial assistance, in form of small business loans or infusions of working capital.<\/p>\n","protected":false},"author":6,"featured_media":192673,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,100],"class_list":["post-17701","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-planning-for-growth","tag-credit-score","tag-retail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>From Small Loans To Big Business<\/title>\n<meta name=\"description\" content=\"Nearly all large corporations have humble beginnings as small businesses. 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