Aeroforce Logistics

Startup Business, Veteran-owned Business, Woman-owned business

Microlender:

Wisconsin Womens Business Initiative Corporation

Impact:

Financing the startup of an aeronautics parts supplier business owned by a veteran and woman.

Location:

Milwaukee, WI

Loan Amount:

$50,000

Heather Varney learned to be a resourceful problem solver and a good communicator at an early age. While in the Marine Corps, she experienced a bad accident, which had a galvanizing effect. She decided that if there was something she wanted to do, she was going to do it regardless of what got in the way. Forced to change jobs in the Marine Corps due to her injury, Heather learned a new side of aviation: the parts side. She developed a passion for being the “parts finder” for the Marine Corps and every job after that, finding great joy when helping others.

Aeroforce Logistics exists to provide solutions to ensure U.S. Government (USG) entities or large-business concerns obtain needed aerospace materials and equipment in a mission-focused and cost-effective manner while achieving small business subcontracting and utilization goals.

WWBIC was able to assist Aeroforce Logistics by providing its first business loan of $50,000 through the SBA Microloan. The money assisted Heather with some of the business start-up costs, and within six months, the loan was paid off as Aeroforce grew and “graduated” to a commercial lender.

“WWBIC helped us when traditional banking couldn’t. They are also very well known in the community and help with making connections,” explained Heather Varney.

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