Niche Business Cafe
Firstly thank you for taking time to read my story, for your kind support, encouragement and kindness. I was raised in traditional Kolkata in India, now a US citizen having lived in California for 20 years. I had basic degree in science and a graduate certification in advertising and was very creative, dynamic and artistic from childhood. In USA, I was a full time caring mother & a devoted wife. It was challenging for me culturally & socially to come out of my unhappy & unfulfilled marriage and walk away with no assets, no monies, no Job, bad credit (for no fault of mine) & the gift of ugly custody battle. I later met my current husband Avinash and we got married in 2012. In June 2013 he got his green card to settle permanently in the United States. Both of were in great financial difficulty when we started our married life.
This loan is special because:
More about this loan
Niche Business Cafe (we serve variey of business services), is a one stop shop for personal & small business services, located in a busy retail shopping center in heart of Fremont.
The key areas of business include:
(1) Design & Printing – Business cards, Brochures, Banners, Signs etc
(2) Ship Center: Authorized Ship Center for Fedex, DHL & USPS. Plus access point for UPS
(3) Mail Box & Day office rentals: Very Polular and growing
(4) Notary & Livescan : Including mobile notary & Livescan services for background checks
(5) MoneyGram, Fax, Copy, Scan, Lamination & Payment Center
Details are listed on the website. Reviews for business on YELP.COM are very encouraging. There is a great support on facebook as well. We are open 7 days and is a small family owned business. We don’t have any outside employee’s currently. www.nichebusinesscafe.com. We are active member of Fremont Chamber of Commerce and accredited by Better Business Bureau. We support local charities and schools.
What is the purpose of this loan?
Niche Business Cafe has been a gift from god. From beginning, we have struggled financially in terms of cash flow as we used short term expensive funding to get started. We continued with very high debt for growth and towards new services, with great financial pain. We are at a point where we need to refinance our current debt where in one instance we are paying 36% annual interest. This $10,000 funding will also help us buy urgently needed production quality print machines, refinance expensive debt which will improve our credit scores. We believe that this improvement will allow us to access bigger working capital in 6 months, hire staff & ability to expand Niche Business Cafe in numerous locations and even become a franchisor.
Years in operation: 1 year – 3 years
A loan of $10,000 helps Ivana buy more printing machines and expand marketing.