
By CBICC Staff
The CBICC Revolving Loan Fund was created to help early-stage businesses get the support they need to grow, generate revenue, and ultimately become bankable. Today, we’re proud to share an example of this mission in action.
Abington Equine Hospital, a full-service veterinary hospital specializing in equine care, has officially paid off its loan and is now fully bankable. Their success reflects years of hard work, smart growth, and a clear vision for the future of equine health in Centre County and beyond.
With support from the CBICC in partnership with the College Township Industrial Development Authority (CTIDA), Abington Equine was able to access early-stage funding that traditional lenders couldn’t provide at the time. That investment gave them the runway to build a loyal client base, expand their capabilities, and create jobs while delivering exceptional care to the region’s horse owners.
“The support we received from the CBICC and the CTIDA was transformative for us in the early days,” said Catherine Radtke, DVM, PhD, Owner of Abington Equine Hospital. “It allowed us to grow at a pace that met the needs of the area and our patients, all while planning for the future and setting up successful business practices.”
Now, as a thriving and self-sustaining business, Abington Equine is not only a success story, but a model of how public-private partnerships can accelerate business growth in our community. Their vision for the future includes expanding services, continuing to invest in the region’s agricultural and veterinary industries, and providing education and training to future equine veterinarians.
“Abington Equine’s journey is the perfect example of why our Revolving Loan Fund exists,” remarked Todd Dolbin, Vice President of Economic Development at CBICC. “It’s about giving promising young businesses the chance to prove what’s possible, and this team has far surpassed expectations. We are proud to have played a role in their journey and are excited to watch them continue to grow.”