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Nashville Small Business Climbs to New Heights With SBA Financing

Nashville Small Business Climbs to New Heights With SBA Financing

 

Lance Brock and Drew Sloss shared a love of rock climbing and wanted to share this experience with others. Having a vision for indoor climbing as a form of fitness, Brock and Sloss opened Climb Nashville (Climb) in 2003, providing a refreshing alternative to a normal workout or simply a fun outing.  In addition to being a state of the art rock climbing facility, Climb also offers workout space, yoga, and fitness classes. Rounding out their compliment of services, Climb has programs for youth, church groups, summer camps, private parties, and schools. Brock and Sloss believe that climbing is a transformational experience for growth and the spirt of adventure.

Brock and Sloss opened the business in leased space for the first two years. In 2005, with the assistance of a U.S. Small Business Administration (SBA) 504 Loan through Mid-Cumberland Area Development Corporation (MADC), a Nashville based SBA Certified Development Company, Climb was able to purchase the land and building where they had been leasing.  This stability allowed Brock to focus on his core business and plan for future growth.

In June of 2015, Climb built a new, larger facility with the aid of two additional SBA 504 loans through MADC. This second location known as Climb Nashville West contains 18,000 square feet of recreation and fitness space along with 50 vertical feet of climbing space. 

SBA 504 loans and MADC business guidance has afforded Climb the ability to reach new heights of success. The business now operates three locations in Middle Tennessee and one in Bentonville, Arkansas. Climb has grown from 15 employees in 2005 to over 200 employees today and has experienced an average growth rate each year of 34% over the last five years.

Company Name: 
Climb Nashville (Climb)
Location: 
Nashville TN