SBA Helps E-Commerce Business Keep Clicking
(Des Moines, IOWA) -- Clickstop Inc., an E-commerce retailer, in Urbana, Iowa continues to expand and the company credits the U.S. Small Business Administration (SBA) for help in making that growth possible.
The growth of Clickstop and its flagship brand, US Cargo Control.com, has once again fueled the need for expansion of the company's facilities. A new 42,750 foot warehouse addition was just completed in December of 2012, marking the second major building project in less than two years. The company had built a new 35,000 square foot headquarters building in Urbana in March of 2011, construction of which was made possible in part by the SBA’s 504 loan program. The 504 program provides small businesses with long-term, fixed-rate financing, that, in addition to other uses of proceeds, allows them to modernize or expand facilities or machinery. When it came time to build the new warehouse addition, the 504 loan program was again utilized.
Clickstop CEO Tim Guenther started the company in 2005 by selling tie down straps, moving supplies, and other cargo control products on its USCargoControl.com website. In addition to utilizing the SBA’s 504 program to help expand the business, Clickstop has also used SBA’s 7(a) loan program to help finance working capital. It’s the 504 program though, that Tim credits the most for helping his company grow.
Tim says the SBA 504 loan program has been so helpful in his company’s continued expansion, that he wanted to share information about the program with other entrepreneurs and small business owners. To that end, Clickstop has put together an 12 part video series to inform other small businesses about the 504 program and help guide them through the process in applying for the program.
“We’re often asked about how we used the SBA 504 program, so we thought creating a series of videos would be a great way to share what we’ve learned about the program,” Tim says. “We really hope it can help other small businesses learn about the program and navigate the process from beginning to end.”
Business interested in viewing the video series can go to:
Since the company first started with one employee in 2005, Clickstop’s annual sales have increased an average of 61 percent each year and the company currently has more than 50 full- and part-time employees on staff. Clickstop now operates 13 different websites selling a variety of merchandise to diverse markets that include the moving and cargo control industry, energy efficient insulation products, home organizing solutions, and personal fashion and styling. For more information on Clickstop, visit the company’s website at: