Jason Lautenschleger and Barry McLaughlin, owners of Barry & Jason Games and Entertainment, pose with one of their products - Game Night in a Can
The Hollywood BusinessSource Center (BSC), run by EWDD partner MCS, recently helped start-up entrepreneurs Jason Lautenschleger and Barry McLaughlin obtain a $125,000 working capital loan for their board game company, “Barry & Jason Games and Entertainment.”

The loan allowed them to develop a board game that became a “Game of the Year” finalist and hire two new employees.

EWDD referred Jason to the Hollywood BSC in May 2018. Jason and Barry were initially seeking a $60,000 working capital loan for inventory backup and developing their second board game, however after meeting with Jason and analyzing his financials, a Hollywood BSC business coach determined Jason qualified for more capital than he was originally seeking.

The business coach assisted Jason and Barry with developing a revised cost utilizing more capital and created a loan package for $125,000, which was approved in September 2018. Jason and Barry said they were very grateful that they will be able to devote themselves more to their business and they plan to hire two full time employees with funds from the loan.

EWDD’s BusinessSource and WorkSource Centers offer a variety of Business Services, including several Financial and Development Incentive Programs and a Small Business Loan Program. Learn how EWDD can help.

This story is part of the EWDD UPDATES from the week of December 3, 2018. Read this issue and more.