Meet Growth Opportunity Partners—an organization dedicated to helping Northeast Ohio’s most promising job-creating small businesses reach their full potential.
We provide lending and coaching assistance to small businesses that are ready to grow, but for a variety of reasons are unable to secure funds from traditional banking sources.
We are not a lender of last resort. The businesses we partner with must meet stringent credit underwriting standards and be committed to community development through the creation “meaningful-wage” jobs.
At Growth Opps, our success is the success of our clients; when they leave us, they should be in a stronger position than when we met them.
Growth Opps focuses on businesses that are already healthy, thriving and ready to expand further, but for a variety of reasons cannot access traditional bank financing.
Growth Opportunity Partners was interested in much more than our balance sheet … I could say that we have our own high level two man consulting firm; however, it feels more like they are executive members on our team. I believe we found the right partners and I foresee an ongoing relationship that will foster our growth.
We commit a great deal of time and energy interviewing our potential clients on the front end to make sure they are a good fit for Growth Opps, and vice-versa.
Once we decide to work with a small business owner, we become a true partner who strives for a comprehensive understanding of not only their business, but their people. We then leverage all of our expertise, networks and community resources to help our partners remove their barriers to growth and get where they need to go.
Most Growth Opps loans will have terms of three to five years. As the loans are repaid, the dollars can then be redeployed to other small businesses with similar needs. During the life of the loan, the Growth Opps team performs regular check-ins to analyze the company’s financials, operations and accounting practices and conducts periodic reviews of the company’s growth plans to determine how well our clients are meeting their own milestones.
Because we are a mission-driven organization, we think about and weigh “risk” in a different way than our banking partners. However, we are never a lender of last resort. We evaluate potential clients very carefully and ask for many of the same financial documents as a bank.
We are interested in helping any small business with the potential to create meaningful-wage jobs in Northeast Ohio. Core industries we target include advanced manufacturing, distribution, health care, technology and software, professional services, retail and logistics.
We define “meaningful wage” as something beyond a basic living wage. These jobs provide a path to improved quality of life and a path to marketable skills that can lead to a career.
Michael has spent his career enhancing organizational structure, increasing organizational visibility and improving performance. Prior to helming Growth Opps, he worked with established and respected leaders in the financial services industry including KPMG, McDonald Investments, Morgan Stanley, National City Bank and KeyBank. Michael brings a wealth of business knowledge to Growth Opps including healthcare consulting, tax, wealth planning, retirement, investment research and securities selection, portfolio management, small business, municipal and non-profit finance, cash management, sales and credit training and strategic planning.
Michael earned his Bachelor’s Degree from Ashland University in Business Administration with a focus in Finance and a minor in Spanish.
Jeff is a banking veteran with two decades of financial experience and a keen eye for evaluating both the risks and opportunities inherent in community lending. Prior to joining Growth Opps, he served as a credit officer and later Midwestern Team Lead for Origination at KeyBank, managing a team of business banking credit officers while supporting the credit needs of relationship managers in Ohio, Michigan and Indiana. Prior to KeyBank, Jeff spent a decade as an AVP at Huntington National Bank, working as a portfolio manager in Northeast Ohio community bank markets.
Jeff earned his Bachelor’s Degree from The Ohio State University in Business Administration.
Growth Opportunity Partners seeks to work with bright, energetic and highly qualified individuals from all backgrounds. The value we provide to our clients and supporting partners is directly linked to the caliber of our staff.
Growth Opps only accepts electronic submissions. Due to the volume of applications received, we will only contact candidates that will be considered further for a position. We are an Equal Opportunity Employer.
If you are interested in exploring opportunities with Growth Opportunity Partners, please click on one of the available jobs on the right, or visit JumpStart Inc.’s job board.
Ready to find out if Growth Opps is the right partner for your small business? Fill in your contact info below and we’ll be in touch.