Roan wanted to grow her art studio into a hub for local artists. Thanks to three small business loans from Opportunity Fund, The Arsenal is opening a new studio and gallery in San Jose’s Japantown.
Our customers inspire us every day, and we want to regularly share those stories to inspire you, too. Get to know Roan Victor of The Arsenal in San Jose. Roan wanted to grow her art studio into a hub for local artists. Thanks to three small business loans from Opportunity Fund, The Arsenal is opening a new studio and gallery in San Jose’s Japantown.
Creating Connections in the San Jose Art Community
Roan Victor started The Arsenal in the summer of 2011. Roan and her husband Sean Boyles, both artists based in San Jose, chose to open an art studio and gallery in their hometown.
The Arsenal offers art classes and workshops to artists in the community of all ages and skill levels. “We work with all kinds of people,” Roan said. “Seniors would come in to buy oil paints, and at the same time, younger guys would come in to buy spray paint. They would all interact with each other. It was fun to bring different cultures and ages together.”
Roan’s vision for her business included a move to their dream location in San Jose’s Japantown, for the community art connections, walkable neighborhood, and strong small business network. First, she needed a small business loan to help The Arsenal grow.
Her business banker at Bank of America was focused more on the financial success of The Arsenal, which didn’t meet her needs as a small business owner. “Our goal is to have a significant contribution to the art community in San Jose,” she said.
Opportunity Fund Helps The Arsenal Stay in the Picture
Bank of America connected Roan to Opportunity Fund loan consultant Laly Velazquez, who was able to close a $4,000 loan in September 2014 for The Arsenal. The funds helped Roan set up a new classroom space with proper lighting. Roan paid off the loan in less than a year and applied for a second loan of $8,000 in June 2015, which helped replace and maintain equipment like their silk screen machine.
Roan came back for a third loan this January for $8,000 to help move The Arsenal to Japantown. Roan and Sean are working with Roan’s sister Regine to prepare their new space for a grand re-opening this summer. With their new space, The Arsenal can offer studio space to local artists, plus more classes and workshops featuring artists from the area and a brand new art gallery.
Laly’s help through the loan process made a difference for Roan. “Sean and I both went to school for art so we don’t have a business background,” Roan said. “Working with Laly is like talking to a friend. She shows me what to do and how Opportunity Fund can help.”
Roan sees The Arsenal as a part of Japantown’s thriving arts scene and business community. “Our goal is to have a great studio with everything artists need, like what I had when I was studying painting at San Jose State,” she said. “I want to build a hub where artists with different experiences can work together.”
We’re proud to support Roan’s dreams to build The Arsenal into a community hub for artists and creators.
We hope this story has inspired you, too. At Opportunity Fund, we offer easy-to-get, fast, and affordable small business loans to help small business owners succeed. Visit our home page to find out more.
Opportunity Fund is California’s largest and fastest-growing nonprofit lender to small businesses. Last year, we made $60M in loans to help more than 2,200 small business owners invest in their businesses. Opportunity Fund invests in small business owners who do not have access to traditional financing. As a founding member and signatory to the Borrower’s Bill of Rights, we believe in the important role small businesses play in our community and the economy, and we aim to help owners financially succeed.