Borrower Profiles

X-CEL Performance Rehab_NCIF Loan
Location: Ridgeley, West Virginia
Years in Business: <5 years
NCIF Role: Loans for start-up working capital and building purchase
Sector: Health care
Services: Physical therapy
Jobs Created:
Impact: Job creation, vital community services

Lymphedema is a treatable—but not curable—condition that can occur after cancer surgery or radiation affecting the lymph nodes. The condition causes considerable pain and swelling in the arms or legs. Fortunately, trained physical therapists can help relieve the symptoms by reducing patients’ pain and improving their mobility, often lessening the need for further surgery or the long-term use of prescription medications. 

Silver Maple Farm_NCIF Loan_photo (c)NCMMLS
Location: Columbus, North Carolina
Years in Business: < 1 year
Product/Service: Horse boarding and training
NCIF Role: Working capital loan
Sector: Equestrian, outdoor recreation
Impact: Support outdoor recreation, woman-owned business

Laura Price grew up around horses. She first began riding in 1979, and has spent most of her adult life working with them in some capacity—whether riding, training or running a stable. It’s no surprise that Laura’s dream has been to own her own horse barn and boarding facility.

Sport Outfitters_NCIF Loan
Location: Williamson, West Virginia
Years in Business: < 1 year
Product/Service: Lodging
NCIF Role: Business loan, technical assistance
Sector: Hospitality, outdoor recreation
Partners: Appalachian Regional Commission, First National Bank of Williamson, Hatfield-McCoy Regional Recreation Authority
Impact: Support sustainable tourism economy

Jeff Davis, a former coal miner, was born and bred in Mingo County, West Virginia. He mined coal for eight years until 2006, when he opened up his own contracting business specializing in home remodeling and residential construction. While mines have closed in southern West Virginia, Jeff and his wife Anita have watched the Hatfield-McCoy Trails expand.

Earthseed Land Cooperative_NCIF Loan
Location: Durham, North Carolina
Years in Business: <1 year
NCIF Role: Acquisition loan
Sector: Eco-Tourism, Health and Community Services 
Partners: Triangle Land Conservancy

The eight co-founders of Earthseed Land Cooperative (ELC) have a vision: to use land to support the collective health, wealth and environmental sustainability of diverse communities in Durham, North Carolina. 

Mountaineer Brand_NCIF Loan
Location: Martinsburg, West Virginia
Years in Business: <5 years
Product: Men's Natural Grooming Products
NCIF Role:
Working Capital Loan; Solar Energy Assistance
Sector: Natural Products
Impact: 15 Jobs Created; Renewable Energy Use

Stubble. Fade. Circle. Carved. Goatee. Van Dyke. Full.  Mountain Man. These are just a few of the many styles of beards appearing on men all over the United States in the last few years, and the trend shows no sign of abating.

But as most women will tell you, with any hairstyle—including men’s facial hair—comes the need to take care of it, to keep it healthy and clean and smelling good.  And this calls for “product”—in this case, beard balms, beard oils, beard washes, and special combs and brushes.

River's Edge Treehouse Resort_NCIF Loan_Technical Assistance
Location: Robbinsville, North Carolina
Years in Business: <5 years
NCIF Role: Construction loan, technical assistance
Sector: Eco-tourism
Impact: Job creation, tax revenues, energy savings
Jobs created or retained: 3

When Laila and Doug Mortimer moved to Robbinsville, North Carolina, Laila was moving home. She grew up in Graham County, and her family has been in the area for more than 200 years, so she knew all that it had to offer. But as they watched thousands of tourists come to Graham County—to enjoy hiking trails, multiple rivers for water sports, and the 11-mile “Tail of the Dragon” that draws motorists to drive along the scenic views offered by the Great Smoky Mountains and Cherokee National Forest—they realized Graham County was missing something.

Sustainable Solutions, LLC_NCIF Loan
Location: Shepherdstown, West Virginia
Years in Business: > 10 years
NCIF Role: Working capital loan, technical assistance
Sector: Environmental services, energy efficiency
Partners: USDA Rural Energy for America Program
Impact: Job creation, energy savings

Sustainable Solutions, LLC, uses an Ecosystem Services approach to provide a wide range of natural resource management services, including   conservation contracting, prescribed fire solutions, ecological planning services and natural resource education and training.

Bailey Mountain Bike Park_NCIF Loan
Location: Marshall, North Carolina
Years in Business: >1 year
Jobs Created: 5
NCIF Role: Acquisition loan
Sector: Eco-tourism
Partners: The Rural Center Small Business Credit Initiative, The Support Center, Mountain BizWorks

As a family with a passion for mountain biking, when Guy and Jennifer Miller’s son introduced them to downhill (or “gravity”) mountain biking, it was an easy sport for them to get behind. After taking their son to downhill races around the country and getting to know the sport better, they realized that there was a real void for this sport in the Southeast. There was a demand, but nowhere for people to go.

Inter-state Hardwoods_NCIF Technical Assistance
Location: Bartow, WV
Years in Business: >50 years
NCIF Role: Technical Assistance
Sector: Forest Products
Partners: USDA REAP 
Impact: Energy savings

Inter-State Hardwoods has been in the sawmill business for decades, tracing its origins back to the late 1930s. The family-owned sawmill primarily manufactures hardwood boards and moulding, and is committed to sourcing its timber locally and sustainably. 

Fullsteam Brewery_NCIF Loan
Location: Durham, North Carolina
Years in Business: <10 years
NCIF Role: Line of Credit, Equipment Acquisition, Refinancing
Sector: Craft Beer Brewing; Value-Added Agriculture
Impact: Job Creation, Strengthening Food Economy

Fullsteam crafts Southern-inspired “plow-to-point” beer, using local, seasonal ingredients like paw paws, persimmons, pears and pecans.  In a post-tobacco era, Fullsteam is enlisting neighboring farmers, foragers and agricultural entrepreneurs to help build a Southern Beer Economy, one pint at a time.