Business Description
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.