Commercial Loan Rate Survey – Florida – Aug 2016
July 26, 2016
Splish, Splash, Local Company Gets Cash
September 27, 2016
When the local artisan coffee roaster Wells Coffees had an opportunity to expand to a hip new location in Fort Lauderdale they were all gung-ho but local banks were not.
The challenge for Wells Coffees was that they needed working capital for the expansion but the business was not old enough to show the historic profits that Banks needed to offer them a loan. Thanks to their trusted Banker, who could not convince her Bank to say yes, they were referred to us.
Working with this husban
d and wife team we found an out of area lender that offered them an SBA loan with great terms.
If you’re a coffee lover who likes to slow down and experience “the moment” take a moment and visit Wells Coffees located in The Seed which is located at 199 W. Palmetto Park Road in Boca Raton.
Their future location, currently under construction, is in Flagler Village which is located at 750 North Flagler Drive, Fort Lauderdale. You can follow the progress of their new location on their Facebook page at https://www.facebook.com/wellscoffees/
Too far to drive? If you want them to come to you it’s as easy as going to their website at www.wellscoffees.com. Here you can order their fresh roasted coffee beans by mail.
The above success story was provided by The Best Business Loans in Town which is an online shopping tool that helps business owners find the best deals on business loans.
