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Expanding a Business… Building a Stronger Community

Expanding your Business


After years of working in retail and establishing a national women’s fashion brand store in Portland, Oregon; Dawn Stanchfield decided it was time to work for herself and established Lily Atelier fashion boutique in 2003. In 2007, Stanchfield was presented with a rare opportunity to lease an adjacent property giving her the needed space for her growing business. The new space required more than $60,000 in renovations and Stanchfield knew she needed to find the capital to make her vision come to life.


Help came in the form of an SBA-guaranteed loan when a local lender introduced Stanchfield to the SBA 7(a) Loan Program which helped her secure financing for the needed renovations to her new commercial space. The 7(a) Loan Program is the most common SBA loan program providing financial help for businesses  needing a loan up to $5 million to fund startup costs, buy equipment and more.


Lily Atelier’s expansion came in the midst of the Great Recession, but by staying true to its principles of delivering personalized service and providing high quality goods, its loyal customers helped the business to not only survive but also thrive. The boutique not only doubled its size but also its revenue.  Today, the boutique enjoys providing high-quality apparel to not only local customers but also its extended customer base from as far as Italy and Switzerland.  Stansfield’s success has given her the opportunity to give back by sponsoring programs important to her community and becoming a mentor to other local small businesses.

From the owner

“Build your network of like businesses. Don’t be afraid of competition, but rather, collaborate with it,” says Dawn Stanchfield. “If everybody grows together, you’re building a stronger base, community and partnerships.” 

For more information

SBA Loan Programs:

Portland District Office:

Company Name: 
Lily Atelier
Camas, WA