Canyon Stone, Inc.

“We initially decided to use the 504 loan because of the low 10% down payment, because we needed to use our capital for inventory and accounts receivable. However, the 20-year fixed rate has also been highly beneficial, and the loan product was delivered impeccably by Heartland Business Capital.”

Jason Cohurst, Canyon Stone, Inc.

Canyon Stone, Inc. specializes in manufacturing high-quality synthetic stone for both residential and commercial construction projects across the country. Founded by Wylie Saulsbury and Jason Cohurst, the company continued to grow throughout the past 5 years, eventually outgrowing its 31,000 sq. ft. of leased manufacturing space.

After some consideration, the owners decided to buy the 83,000 sq. ft. building they had been leasing on 9 acres in Olathe, Kansas. Heartland Business Capital worked with them and their bank to help them get approved for a 504 loan.

After receiving their loan, the business not only assumed ownership of the building with another leasing tenant, but also added another 11,000 sq. ft. of operating space to their existing 31,000 sq. ft. They reduced overhead—and expanded their operations at the same time.

To learn more about Canyon Stone, visit www.canyon-stone.com.