Zac Hartog, owner of ZH Productions and LA Hangar Studios
The Hollywood BusinessSource Center (BSC) helped Zac Hartog, owner of ZH Productions and LA Hangar Studios, secure a $425,000 Small Business Administration (SBA) working capital loan, which allowed the company to create 13 new jobs.

LA Hangar Studios is a boutique studio located near downtown Los Angeles that caters to the film and television industry. ZH Productions is a special events design and production company that specializes in experiential event design and fabrication for high-end clients worldwide.

After receiving a referral to the Hollywood BSC in early 2019, Zac reached out for assistance with accessing the capital his company needed to fund expansion plans and manage the accounts receivable of the growing company. The company had started to turn away work because they did not have the staff to handle the additional workload.

Zac believed that with a working capital term loan or line of credit, they could increase sales by 20 to 30 percent.

A Hollywood BSC business coach conducted an initial business analysis and began the process of preparing a loan package and sending the package to lenders.

ZH productions recently received a $425,000 SBA working capital term loan, access to capital that has since created 13 new jobs.

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 16, 2019. Read this issue and more.