Thread Expanded LOC
Thread Coffee continues to grow their wholesale clients, taking on more and larger accounts.
Their current LOC #1003 is for $10,000 and used for the purchase of coffee beans. An increased line of credit will allow for them to purchase more pallets at a time, and take advantage of better pricing.
Other Loans to This Co-op
|January 1, 2020||US $98,564.63||Active||Consolidation of existing loans to decrease administrative overhead, with a focus on one repayment type.|
|November 21, 2018||US $5,000.00||Completed||Thread Coffee Roasters Merchandise Line of Credit|
|November 28, 2016||US $30,000.00||Completed||Startup loan for a new cooperative cafe, incubated by the Red Emma's cooperative.|
|November 22, 2016||US $37,000.00||Completed||Equipment loan to purchase a 25lb coffee roaster and expand current operations for Thread Coffee.|
|September 3, 2013||US $10,000.00||Completed||Working capital for coffee and labeling.|