Florida SBDC at the University of Central Florida
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FSBDC, UCF, Business Consulting

Above and Beyond Limousines

Not once during Herman Johnson III’s 20 plus year naval career did his passion for vintage automobiles wand. So, upon his retirement in 2007 Herman started his business “Above and Beyond Limousines”, assembling a fleet of 9 vintage rides, which includes a caddy Excalibur, a 68” Chevy, and custom stretch limos, Bentley, Rolls and Jaguar.

“I believe we would not have been successful in obtaining the loan if it were not for the advice and direction provided by the SBDC at UCF.”

Herman Johnson, Owner
Above and Beyond Limousines

From the very beginning Above and Beyond has attracted the high profile client seeking the “splashy”, entertainers and professional sports figures as well as the more conventional wedding and prom clients.

As the business matured and grew Herman recognized the importance of maintaining his cars to the highest quality standards and competitive uniqueness. Redoing exteriors and interiors is expensive; Herman needed a loan, a daunting task in 2010. He turned to the SBDC at UCF for direction. With the assistance of Roger Greenwald, CBA Herman prepared the necessary elements, a clear and compelling business plan, supportive financial pro forma(s), personal financial statements and prior year’s performance financials, to seek lending.

In the 2nd quarter of this year Borrego Springs Bank approved the required loan (SBA 7a) amount enabling the restorations and the acquisition of a 10th classic ride. The business is enjoying its best year ever, anticipating in excess of $250,000 in sales. The growth has resulted in 3 new full time employees and the addition of 3 part time drivers.

I believe we would not have been successful in obtaining the loan, if it were not for the advice and direction provided by the SBDC at UCF.” “It’s difficult enough to get funding, thanks to SBDC we did it the right way” says Herman.

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Florida SBDC Network

The Florida SBDC at the University of Central Florida is a member of the Florida SBDC Network, a statewide partnership program nationally accredited by the Association of America’s SBDCs and funded in part by the U.S. Small Business Administration, Department of Defense, State of Florida and other private and public partners, with the University of West Florida serving as the network’s headquarters. Full funding disclosureavailable at www.floridasbdc.org/ funding-disclosures/. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for limited English proficient individuals.

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