EDMOND — After starting a few companies himself, an Edmond merchant created a funding service to help other businesses in a crunch.
Mark Neighbors started American Business Funders this year. Neighbors, who owns Parkway Cleaners at 136 E Fifth and several other companies, has been managing businesses for decades. He said it makes him more capable of sympathizing with his clients.
“I can speak their language,” he said.
Unlike most people in the funding business, Neighbors doesn’t have a finance background; he has a small-business background.
His office at Parkway Cleaners doubles as his office for the lending company. When he’s on the phone, he’ll ask clients if they can hear the conveyer, he said. They know he’s one of them.
Because the firm isn’t a bank, it can lend more quickly, Neighbors said. That is key for businesses that need money right away, he said.
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