SDB#0

In need of $10,000 to fuel the expansion of Fresh Bites Café. Repayment over 12 months with a 10% annual interest rate. Funds will be allocated towards acquiring new kitchen equipment, boosting inventory, and executing a targeted marketing campaign. Collateral: $15,000 worth of café equipment.

BB
$10,000.00 - raised
Expected yield
10% per year
Loan term
12 months

In need of $10,000 to fuel the expansion of Fresh Bites Café. Repayment over 12 months with a 10% annual interest rate. Funds will be allocated towards acquiring new kitchen equipment, boosting inventory, and executing a targeted marketing campaign. Collateral: $15,000 worth of café equipment.

Income schedule

DateInstallment nºAmountStatus
05/06/20241/12$916.67
Paid
06/06/20242/12$916.67
Overdue
07/06/20243/12$916.67
Overdue
08/06/20244/12$916.67
Overdue
09/06/20245/12$916.67
Overdue
10/06/20246/12$916.67
Upcoming
11/06/20247/12$916.67
Upcoming
12/06/20248/12$916.67
Upcoming
01/06/20259/12$916.67
Upcoming
02/06/202510/12$916.67
Upcoming
03/06/202511/12$916.67
Upcoming
04/06/202512/12$916.67
Upcoming

About borrower

Sweet Delights Bakery

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.

Offers4
Loss0.00%
Raised total$0.00
OfferAmountFinal dateStatus
SDB#1$8,000.0003/30/2025
Delinquent
SDB#2$5,000.0010/07/2024
Delinquent
SDB#3$150,000.0010/07/2025
Delinquent

Credit score

BB

Speculative investments. Moderately high default risk. Less safe, with potential for higher returns.