Congratulations to Petit Collage for receiving a loan of $150,000.00 through PCV’s SAIL program! Petit Collage is a San Francisco-based producer of modern baby and child wall décor and accessories with a vintage twist. This loan will provide working capital to help this popular business meet demand for its toys and games and to fuel growth. PCV’s Small Business Advising Integrated Lending (SAIL) Fund provides affordable small business loans from $50,000 to $200,000 to high-growth Bay Area businesses creating meaningful jobs in underserved communities.
“I was attracted to PCV’s SAIL loan because the amount of the loan fit my needs along with the flexibility and the affordable terms,” said Lorena Siminovich, Founder, Petit Collage. “The process was fast, PCV was very organized and accommodating, and they gave us an answer in a few days.”
In addition to much-needed growth capital, PCV has also provided Petit Collage with free, expert business advice through PCV’s Business Advising program. Lorena has been a participant in the Business Advising program for more than two years receiving active guidance on budgeting, hiring, and operations that has helped the company achieve a 21% increase in revenue in the past year alone. PCV volunteer advisors and mentors will continue to mentor and guide Lorena through the next, exciting phase of her business.
“PCV’s Business Advising Program has been important to the success of Petit Collage,” said Siminovich. “The program gives you access to people who are experienced, honest, and kind. They give you feedback and help you figure out how to move forward. The advisors have such amazing vision and impressive backgrounds that you learn things that you will carry with you for a lifetime. You may solve this project or that situation, but there are also skills that you gain that you can re-apply in new settings, and that is pretty priceless.”
Please visit our website to learn more and see if a SAIL loan is right for your small business!