A Stylish Solution for a Common Problem
Shannon Kehrer was tired of “no show liner” socks sliding off her feet in her shoes. It became a daily frustration that she knew she wanted to solve for herself as well as the millions of other people who were dealing with the same problem.
Kehrer’s solution was Hidey Socks, a stylish sock that stays put in your shoes. She started the company in 2019, but faced a major challenge: getting funding. She was denied by numerous banks because she had not been in business for three years.
That’s when she discovered Access Capital Plus, a community development financial institution (CDFI) that provides loans to small businesses and entrepreneurs who may not qualify for traditional bank loans. Access Capital Plus lent Kehrer $20,000 to get her business off the ground.
Since then, Hidey Socks has grown rapidly. Kehrer’s team has won numerous awards, including the Rising Star Business of the Year Award and the Outstanding Young Achiever Award. Hidey Socks has also been featured on Good Morning America, QVC, and now casted for ABC’s Shark Tank.
Kehrer is passionate about helping others, and she is proud that Hidey Socks has had a positive impact on the community. Hidey Socks provides jobs, donates funds to local charities, and donates socks to people in need.
Kehrer’s story is an inspiration to entrepreneurs everywhere. It shows that even if you face challenges, you can achieve your dreams with hard work and perseverance.
Here are a few key takeaways from Kehrer’s story:
- Don’t give up on your dreams. Even if you face challenges, keep working towards your goals.
- Don’t be afraid to ask for help. There are many resources available to help entrepreneurs succeed.
- Give back to your community. Use your success to help others achieve their dreams.
If you are an entrepreneur with an idea, don’t be afraid to take the plunge. There are people who believe in you and want to help you succeed.
Do you have a business idea you would like to launch? Contact Access Plus Capital today to learn more about how we may help you achieve your entrepreneurial goals. Visit us at our website www.accesspluscapital.com.