Josh Ballman started Integrity Window & Door in Missoula in 2010. He proved to be a natural salesman, steadily building his business and gaining a solid reputation for professionalism and reliable service. In 2013, Josh moved Integrity Window & Door into a leased space at a more attractive location that increased his visibility and exposure.
After leasing that space for four years, Josh had the opportunity to purchase the building. Josh thought hard about his financing options. “I had an opportunity to buy the property, with a commercial tenant next door. It seemed like a great idea, but I didn’t want to put all of my savings into the down payment and restrict my operating needs.”
Josh’s banker, Chris Schuman at First Interstate Bank, reached out to Montana & Idaho CDC to see if we could help. We recognized Josh’s solid business plan and partnered with First Interstate on the loan, allowing Josh to purchase his building and deepen his roots in the Missoula community. Today, less than two years later, business has remained strong, and Josh has paid off his loan to Montana & Idaho CDC ahead of schedule. He continues to work with First Interstate Bank.
“The loan from Montana & Idaho CDC helped me acquire the property, and now I have a great asset that gives me more possibilities to move my business forward. The investment in a commercial location with rental potential sets my family up well for the future.”
We’re proud to help entrepreneurs who otherwise would not have been able to secure financing to start or grow their business. Josh was able to maintain his core relationship with his lender, and rely on Montana & Idaho CDC for the extra help he needed to purchase his building and continue to grow his business.