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Family Business Awards 2022 Latin Financial LLC Newington Industry: Financial services Year Founded: 2016 Founders: Sonia Alvelo & Brendan P. Lynch Generation Currently Running Company: 1st No. of Full-Time Employees: 6 No. of Part-Time Employees: 2 Family Members Currently Employed at Company Sonia Alvelo, CEO, Mother; Wendy Rivera, Junior Underwriter, Daughter of Sonia Alvelo Website: www.latinfinancial.biz Latin Financial is a family owned and operated brokerage firm that provides loans to small businesses, including SBA loans and lines of credit. Can you tell us about some of your recent accomplishments? Sonia Alvelo was the first Latina member of the Board of Directors for the Better Business Bureau in Connecticut. Latin Financial won a 2022 award from the Connecticut Entrepreneur Awards. Alvelo was also named the Entrepreneur of the Year by the Connecticut Latinas and Power Battiston's of Avon Avon Industry: Fabric care specialist/dry cleaning Year Founded: 1946 Generation Running Company: 1st Full-Time Employees: 22 Part-Time Employees: 4 Family Members Employed at Company: Michael Maulucci, Chairman & Owner; Alexander Maulucci, VP, Michael's Son; Matthew Maulucci, CFO, Michael's Son Website: www.battistons.com/ locations/#avon Battiston's of Avon is a dry cleaning/ fabric care company that serves 17 communities throughout the greater Avon area. Tell us a bit about your recent accomplishments. Managing a small business during a global pandemic is no small feat. Many businesses were forced to work from home and temporarily retire their dress shirts, creating challenges for the dry-cleaning industry to face. Despite these obstacles, Battiston's of Avon F O U R T H P L A C E LESS THAN 25 FULL TIME EMPLOYEES T H I R D P L A C E LESS THAN 25 FULL TIME EMPLOYEES 4 | FAMILY BUSINESS 2022 AWARDS Symposium. The firm also recently created its first bilingual podcast for alternative lending. Where do you see your business in the next 5 years? Growing and opening branches of Latin Financial in other states. That's our dream as a company. Bringing the education to businesses and guiding them to the grow with the power of financial freedom. What are your family values and how do they contribute to your business success? Treating others with kindness and respect. Integrity or doing what you say you'll do is another important skill. Responsibility, mutual respect, honesty and fairness. remained strong in sales and core competencies and made its services as accommodating as possible. Where do you see your business in the next five years? We are focused on continuing to grow our home delivery business while working on our specialized products such as draperies and rug cleaning. What are your family values and how do they contribute to your business success? Avon's priorities include supporting customers when, where and how they need it. We stick true to our company's roots, realizing that everyone has different circumstances. Route service reps will make specific arrangements with customers regarding time, place and location of delivery.