SBDC helps Med Fit secure SBA loan
2373 Central Park Blvd. #300 Denver, CO 80238
303-586-3943 | Visit Website
Owner Dr. Angela Tran is Board-Certified in Internal Medicine and Obesity Medicine and has practiced in primary care since 2007. Despite Angela’s extensive education and experience, she admits she knew very little about how to start a business when she decided to seek assistance from the Denver Metro SBDC in January of 2012.
Angela met with an SBDC consultant for business plan development and review, as she was in the process of applying for a $400,000 SBA loan. Soon after, Wells Fargo awarded Angela a $230,000 SBA practice finance loan. The Denver Metro SBDC also referred an attorney, accountant and banker, all of whom currently sit on Angela’s professional advisory board. Angela also sought marketing assistance from an SBDC consultant, who helped her orchestrate and execute her marketing plan; including website development, advertising, public relations, search engine optimization, outreach and networking.
“The assistance I received from the Denver Metro SBDC is the root of my success. They really helped to create structure and provided me with the resources and tools to make sure my business was on the road to success.”
Angela dealt with many obstacles before opening her doors in September of 2012. “Believing in my product, who I am and how I add value has helped me to move forward despite my obstacles. The SBDC gave me the confidence to overcome all the challenges I faced when starting my business.”
Just three months after starting her business, Angela built a client base of over 40 patients, with gross revenue of about $108,000. She has two full time employees, including a personal trainer and a medical assistant.
Angela is a true example of business success in the Denver community. A leader in the health and wellness industry, one of the fastest-growing industries in Colorado, Angela advises other business startups to be adaptable. “You have all of your plans in your mind and how you want things to occur, but the reality is that it could change. If you go with the flow you can achieve success.”