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$65,000 business loan for Pet Store...
Employee buys out the ownerIn 1992 Linda Bleoo was working as an employee at a pet store in Mississauga, Canada. After she discovered that the company was going bankrupt, her friends convinced her to buy the store for herself and run her own small business.
At first, she didn't think she could do it. Besides, seven established pet store chains were competing for the deal she wanted.
The Bank of Montreal chose to back Linda and gave her the $65,000 she needed.
Since Linda purchased her business, she's made a quite a success of "Classic Pets" located in South Common Mall. It's amazing what you can do when you go for what you want and use the right tools.
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Download and use any JIAN Business Planning Solution for up to 60 days and become convinced that it's what we say it is. If it's not, we will credit your account.