According to a news report from, “Small business start up loan using unsecured business lines of credit allowed Corona California man to open pizza restaurant after being laid off from mortgage industry.”

“The breeze from one door closing always opens up another. The door that opened up for Erik Phillips was one to a pizza restaurant,” said the story. “Phillips had spent three years in the mortgage industry. In the past few months, thousands of workers in the mortgage industry have had their lives turned upside down. “I was looking at an uncertain future and began thinking about other career opportunities,” states Phillips. “Being laid off work I consider myself lucky. Under normal circumstances I would not have the nerve to quit my job and start a new business. A door opened during a lunchtime meeting at a pizza restaurant. I have always wanted to own a pizza place and it dawned on me that now I have the time to make it happen.”

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