SDB#3
Description: Seeking $15,000 to renovate Fresh Bites Café. Repayment over 18 months with a 12% annual interest rate. The funds will be used for interior upgrades, including new furniture, lighting fixtures, and decor enhancements to create a more inviting and modern ambiance for customers. Collateral: $20,000 worth of café property and equipment.
Description: Seeking $15,000 to renovate Fresh Bites Café. Repayment over 18 months with a 12% annual interest rate. The funds will be used for interior upgrades, including new furniture, lighting fixtures, and decor enhancements to create a more inviting and modern ambiance for customers. Collateral: $20,000 worth of café property and equipment.
Income schedule
| Date | Installment nº | Amount | Status |
|---|---|---|---|
| 04/07/2024 | 1/18 | $9,333.33 | Paid |
| 05/07/2024 | 2/18 | $9,333.33 | Overdue |
| 06/07/2024 | 3/18 | $9,333.33 | Overdue |
| 07/07/2024 | 4/18 | $9,333.33 | Overdue |
| 08/07/2024 | 5/18 | $9,333.33 | Overdue |
| 09/07/2024 | 6/18 | $9,333.33 | Overdue |
| 10/07/2024 | 7/18 | $9,333.33 | Upcoming |
| 11/07/2024 | 8/18 | $9,333.33 | Upcoming |
| 12/07/2024 | 9/18 | $9,333.33 | Upcoming |
| 01/07/2025 | 10/18 | $9,333.33 | Upcoming |
| 02/07/2025 | 11/18 | $9,333.33 | Upcoming |
| 03/07/2025 | 12/18 | $9,333.33 | Upcoming |
| 04/07/2025 | 13/18 | $9,333.33 | Upcoming |
| 05/07/2025 | 14/18 | $9,333.33 | Upcoming |
| 06/07/2025 | 15/18 | $9,333.33 | Upcoming |
| 07/07/2025 | 16/18 | $9,333.33 | Upcoming |
| 08/07/2025 | 17/18 | $9,333.33 | Upcoming |
| 09/07/2025 | 18/18 | $9,333.33 | Upcoming |
About borrower
Fresh Bites Café is a cozy neighborhood spot renowned for its artisanal coffee, delectable pastries, and wholesome breakfast and lunch offerings. With a focus on locally sourced ingredients and friendly service, Fresh Bites has become a beloved gathering place for the community. As demand continues to grow, the café aims to expand its operations and enhance its offerings to better serve its loyal customers.
| Offer | Amount | Final date | Status |
|---|---|---|---|
| SDB#0 | $10,000.00 | 05/06/2025 | Delinquent |
| SDB#1 | $8,000.00 | 03/30/2025 | Delinquent |
| SDB#2 | $5,000.00 | 10/07/2024 | Delinquent |
Credit score
Speculative investments. Moderately high default risk. Less safe, with potential for higher returns.