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CLIENT SPOTLIGHT

Grassland Enterprises, Inc.

Black-Owned Electrical Company Flourishes After Receiving Technical Assistance CEO Training From BBIF

Grassland Enterprises, Inc is a Minority Business Enterprise (M.B.E.) Certified Electrical Company, located in the state of Florida and South Carolina. Its mission is to provide the highest quality of electrical services to its commercial and residential customers.

DEMOGRAPHIC

Black-Owned

LOCATION

Florida and South Carolina

LOAN PROGRAM

MicroLoan

Grassland Enterprises, Inc.
Grassland Enterprises, Inc.
THE CHALLENGE

Side Hustle to Six-Figure Salary

Fabian Cook, CEO of Grassland Enterprises, started as a janitor at a local theme park after graduation. However, he stumbled upon a newspaper advertisement from a local electrical company that provided on-the-job training. He seized the opportunity, eventually founding Grassland Enterprises in 2007.


While working his full-time job, Fabian started his new passion on part-time basis and without pay for the first 5 years. During his next 5 years in business he was still only able to pay himself $300 a week. In his 14-years as a business owner, he faced significant personal and professional challenges. Driven by deep passion, he remained dedicated to find the right solution.

THE SOLUTION

BBIF’s Technical Assistance CEO Training

After being turned down by numerous traditional financial institutions when requesting funding, his financial advisor introduced Fabian to BBIF.


With the help of BBIF’s Technical Assistance CEO Training and fair and flexible loan capital, Fabian’s company can afford to pay him a full salary. He additionally paid off his family home and can afford to pay for his children’s college education.

I will continue to push more people to work with BBIF. My company was in business for ten years prior to working with BBIF, but they gave me the support to take it to the next level. I don’t know where my company would be at this time if it were not for them.

Fabian Cook

CEO of Grassland Enterprises

Grassland Enterprises, Inc.
THE IMPACT

Taking On Bigger Projects & Paying it Forward

As a BBIF client for the past four years, Fabian Cook has consistently attended every roundtable session, citing BBIF’s financial technical assistance and managerial consulting as crucial to his company’s success and resilience. With BBIF’s guidance, Fabian began bidding on larger projects, pushing past his fears of failure and undervaluing his company.


The results have been significant - Grassland Enterprises, which was valued at $340,000 before working with BBIF, is now worth $7.6 million. Fabian also offers internships to students in the Academy of Construction Technologies program to provide them with a viable career option after graduation.

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