CPLC Special - Economic Development

submitted by cdficoalition on 09/14/15 1

Thirty years ago Prestamos, CDFI, LLC, began providing small businesses with loans. Business Development Officer, Teresa Miranda, explains the CPLC subsidiary has grown and expanded since then to include established companies needing help to continue to grow and stay in business. John Ramirez, VP Business Enterprises, says CPLC started the first SBA micro lender in the state of Arizona. They continued to grow and expand their lending to large businesses and extended services to Nevada. Patrick Ramirez, President and founder of Assured Engineering Concepts, LLC, acknowledges CPLC’s help in growing his business. After serving in the Arizona Air National Guard, Ramirez wanted to start an engineering company. He contacted CPLC to share his ideas about the firm and partnered with CPLC through their Economic Development program. AEC is a professional services provider doing engineering design for Southwest Gas Corporation. Kenneth Piposar, is the owner of Abseilon USA. The company provides difficult access, rigging and stand by rescue. When Piposar first started his business he was looking for funding and a friend suggested CPLC. The match was a good one and CPLC and Abseilon USA have continued to work together. For Piposar CPLC is a partner for life.

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