Credit Union Start-Up Loan Helps Make Dreams Come True for Local Small Business
July 10, 2014
EAST LANSING, MI MSU Federal Credit Union is pleased to announce that local entrepreneurs, Mark and Krysta McGee, of Marks Gourmet Dogs and recipient of MSFUCUs startUP loan, were selected as winners on the Food Network series "Food Court Wars."
The pair competed on the show to win a food court space for a year at the Lansing Mall, beating out Grand Grillin for the top prize. Working with the Small Business Development Center (SBDC) at Lansing Community College, they created a business plan and were able to determine the next steps toward growing their business. With the help of MSUFCU and the startUP loan, the McGees had the chance to make their dreams a reality.
"MSU Federal Credit Unions startUP loan was exactly what we needed to get the doors open," said Mark McGee.
The MSUFCU startUP loan provides an opportunity for entrepreneurs to take their business ideas to the next level by fostering growth and creating new ventures in the Greater Lansing area. The startUP loan is available to all MSUFCU members who have established new businesses in the past two years in the tri-county area: Ingham, Clinton, and Eaton County. For more information on the startUp loan, visit www.msufcu.org/business/business_loans.
"Were thrilled to see our members achieve their goals and dreams by getting their businesses off the ground," said Patrick McPharlin, MSUFCUs President and Chief Executive Officer. "By offering our startUP loan to Marks Gourmet Dogs, we helped enable them to grow their business. We hope to provide the same opportunities for other business ventures in the Greater Lansing area."
Marks Gourmet Dogs is located in the Lansing Mall Food Court at W. Saginaw Hwy, Lansing, MI. They are open daily from 10:00 a.m. to 9:00 p.m. To view their menu, visit their Facebook page.
MSU Federal Credit Union, the worlds largest university-based credit union, offers a full range of personal - and business-related financial services to Michigan State University and Oakland University faculty, staff, students, alumni association members, and their families worldwide in addition to a variety of select employee groups. Founded in 1937 by a few MSU professors and employees, MSUFCU now has thirteen branches, over 184,000 members, more than $2.6 billion in assets, and over 600 employees. MSUFCU was named 2014 Credit Union of the Year by the National Association of Federal Credit Unions (NAFCU).