Attaining a loan can be tricky, but fortunately for local businesses Success Capital of Modesto is well versed in handling the process.

Success Capital is a nonprofit that was founded by several local businessmen in the mid-1980s with the aim of stimulating the local economy.

"What they were trying to do was to grow the area economically in terms of adding jobs and business for the Stanislaus County," explained President and CEO Marsha Carr.

Licensed by the Small Business Administration to do 504 loans, Success Capital of Modesto also administers Stanislaus County revolving loan funds for small businesses. The region benefits from a healthy economy which is why Success Capital is taking measures to ensure the company is meeting its mission: to help small businesses build wealth.

The typical candidate for a Small Business Administration loan is someone who owns their own real estate, but is not ready to put down capital explained Carr. While there are requirements for those interested in utilizing Success Capital's resources — such as needing to own at least 51 percent of the building for which the business owner is seeking a loan — ultimately, Success Capital tries to take the guess work out of the process. Success Capital helps facilitate the transaction between borrowers and bankers and is also available as a liaison to the Small Business Administration, an enormous advantage for small business owners.

"Since we are licensed by the SBA we tell borrowers that after the loan is made that if they have some changes, we are the one they can come to since we know how to navigate and maneuver through the SBA," said Carr. "We work a lot with both bankers and borrowers so we try to make the process as smooth as possible. We try to meet their deadlines and do as much work for them as we can."