Shannen needed to purchase better equipment to grow her business. Thanks to our partnership with Lending Club, we’re helping Shannen reach her goals with our small business loans.
Our customers inspire us every day, and we want to regularly share those stories to inspire you, too. Read about Shannen Enos of Enos CPR Services. Shannen needed to purchase better equipment to grow her business. Thanks to our partnership with Lending Club, we’re helping Shannen reach her goals with our small business loans.
A Hands-on Entrepreneur
Shannen Enos started her CPR and first aid training business, Enos CPR Services, in August 2007. As an independent contractor for the American Heart Association, Shannen uses her decades of experience as a registered nurse to teach an essential life saving skill.
Through Enos CPR, Shannen provides training for companies that ask their employees to become certified in CPR, first aid, and automated external defibrillator (AED) use. Her work has taken her to teach at workplaces all around the Bay Area plus six states outside of California.
Like many small business owners, Shannen does it all for her company. On top of running her training classes, she’s the one who balances the books, maintains schedules, and develops client relationships. She also works part time as an emergency room nurse at Kaiser Walnut Creek.
Shannen knows what she needs to keep her business running well, so when she reached out to lenders to find a small business loan, she was surprised to run into several obstacles to funding.
“I needed to upgrade my equipment to offer more in-depth classes,” Shannen said. “Every single place I turned to for lending shut the door on me. They didn’t see my business growth. I never pay my bills late. I represent myself well as a business owner and a person. It felt like those lenders weren’t giving me a chance to prove it.”
She almost gave up. Then she tried one more lender.
Growing a Healthy Business
Shannen came to Opportunity Fund through our partnership with Lending Club. Based on her previous experience in business lending, she came into the process feeling skeptical.
“I figured Opportunity Fund was another company that would shut the door on me,” she said. “Opportunity Fund got back to me the very next day, apologizing for my bad experiences and saying they wanted to help.”
We worked with Shannen to close a $15,000 loan in May 2016–the first ever loan in our Lending Club partnership!
“I never knew how difficult it would be to get funding,” Shannen said. “With Opportunity Fund. I didn’t feel pushed aside. We had conversations about me as a person and me as a business owner.”
Now that Shannen has the working capital she needs for her business, she can focus on helping others learn CPR and potentially save a life. She even taught a class for our staff at Opportunity Fund’s San Jose headquarters in November 2016.
We’re proud to support hardworking entrepreneurs who make a difference, and we’re happy to help Shannen grow her business.
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. In fiscal year ’16, 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.