Financing – RCEDC

Community Loan Funded for Hyperion Holdings

Alison HowenFebruary 6, 202605.9K views

Hyperion Holdings Inc. has purchased an industrial building at 1800 Clark St. and 1825 Holborn St. in Racine to establish its first brick-and-mortar headquarters. Founded in 2022 by Sam Wahlen and Garrin Horwitz, the Sturtevant-based firm provides full-service residential property management, brokerage, and construction support for single-family and small multifamily investors across southeastern Wisconsin, using a technology-driven platform to streamline operations and reduce costs. The project was supported through a partnership between RCEDC and Advia Credit Union, which helped secure a Community Loan for the expansion.

Community Loan Funded for The Foxville Gallery

Alison HowenDecember 12, 202505.8K views

The Foxville Gallery is a new contemporary art gallery coming to downtown Burlington, owned and operated by artist and entrepreneur Amy Lynn Ross. The gallery will spotlight professional artists with a strong focus on Wisconsin-based talent through rotating exhibitions, while the second floor of the property at 525 N. Pine Street will offer a unique gallery-inspired Airbnb experience known as The Fox on Pine. This project was made possible through the partnership between RCEDC and Community State Bank, working with lender Ben Bruno, AVP Business Banker, to secure a Community Loan that helped bring this creative vision to life.

Community Loan Funded for DW Coffee

Alison HowenJuly 11, 202505.8K views

DW Coffee LLC is expanding from its Rochester location into Wind Lake with the purchase of real estate and equipment at 7910 S Loomis Rd. Owner Leslie Kinsey, who launched the business in 2021, will continue overseeing operations with support from her husband, Shawn. With help from lender Jay Cashmore at Community State Bank and RCEDC, funding was secured through the Revolving Loan Fund (RLF), making the new location—with drive-thru service—possible.

Community Loan Funded for Sound Decisions

Alison HowenJuly 1, 202505.7K views

Sound Decisions, a longtime automotive and electronics business in Racine County, is expanding its operations with the purchase of four adjacent commercial condominiums in Yorkville. Owner Chris Hilbert—who took over the business from his parents in 2013—will consolidate two companies, Sound Decisions and Echo Sales/MED, under one roof. With financing support from RCEDC and Josh Sopczak at Town Bank, Chris secured a Revolving Loan Fund (RLF) with just 10% down, helping move this expansion forward. Today, the business operates as both a retailer and a regional distributor for top brands like Alpine, Viper, and Metra.

Community Loan Funded for Oak Wine and Spirits

Alison HowenJuly 1, 202505.8K views

Oak Wine & Spirits is bringing a new tasting experience to downtown Waterford—offering self-serve wine and beer stations, premium spirits, and curated small bites in a relaxed, upscale setting. Owners John Palmer and Rebecca Vanwormer, both experienced local business owners, are combining their strengths to create a welcoming destination for both casual visitors and enthusiasts. With support from RCEDC and lender Jay Cashmore at Community State Bank, the pair secured Revolving Loan Fund financing with just 15% down, helping turn their vision into a reality.

Community Loan Funded for Destroy Iron Fitness

Alison HowenMay 21, 202505.7K views

Destroy Iron Fitness, owned by Cornelius Knottnerus (Neil) and Melissa Webster, is expanding its offerings with the help of a Revolving Loan Fund (RLF), which covered 90% of the cost for new equipment. Since taking over in 2024, Neil has led the transformation of the gym into a 24/7 fitness center specializing in bodybuilding and strength training. With unused space ready to be filled and a commitment to creating a premier training environment, the new equipment will help round out their offerings and take the gym to the next level.

Community Loan Funded for Modern Aesthetics Skincare

Alison HowenMay 6, 202505.7K views

RCEDC helped secure a Revolving Loan Fund (RLF) for Modern Aesthetics Skincare to purchase a new MOXI laser, replacing outdated equipment and expanding the clinic’s advanced skincare offerings. Owned and operated by Cala Newholm, a licensed esthetician with over a decade of experience, the clinic opened in 2022 and offers personalized treatments to meet a variety of skin care needs.

Community Loan Funded for The Compassionate Corner

Alison HowenMarch 24, 202505.7K views

I worked with BLP to secure an RLF loan and structured a deal with just 10% down. BLP and I worked seamlessly to make it happen.

Community Loan Funded for Rochester Social

Alison HowenJanuary 4, 202505.7K views

The RCEDC team really worked hard to come up with the best solutions for both projects. They are great at keeping everyone on track and making sure that there are no surprises at the closing. The client was very happy with the results.

New, favorable finance options now available for Sturtevant businesses in TID #4

Jeremy WilliamsonJune 9, 202206.2K views

To help encourage business improvement, retention and attraction, the Village of Sturtevant created a new program with favorable loan terms – little to no equity requirement, low-interest, and principal deferrals.