Establishing Business Credit and Acquiring Funding for Coffee Retail Company
TROOP Coffee is a niche coffee business founded by a former lineman who sought a slower, more fulfilling lifestyle. After falling in love with the small-batch coffee plantation lifestyle during a trip to Colombia, he decided to import these unique beans to the United States and start a new business, transforming his passion for coffee into a small business venture.
The Challenge
The founder of TROOP Coffee faced challenges in launching and sustaining his small business. Transitioning from his career as a lineman to the coffee industry, this founder needed startup funds to keep the business afloat and expand but lacked the knowledge to obtain business credit. He needed help to establish solid credit to access non-collateralized loans and business lines of credit. He was looking for a small business consulting and a trustworthy partner to grant guidance and help relieve the stress of this new venture.
The Solution
Omni Resources provided comprehensive support and small business consulting to address these challenges. We started by guiding the founder on how to build business credit effectively. This included specific strategies for establishing and improving credit to qualify for business loans and credit cards. With enhanced business credit, the founder could secure non-collateralized business lines of credit, providing the necessary funds to support and expand TROOP Coffee. Omni Resources offered ongoing small business consulting on managing finances and leveraging credit to ensure the business’s sustainability and growth.
The Results
The founder was able to transition from his lineman career to business ownership, achieving a safer and more enjoyable lifestyle. With access to business lines of credit, TROOP Coffee became financially stable, allowing the founder to focus on growing the business without constant financial strain. He is now living his dream of running a successful coffee business, enjoying the fruits of his labor, and experiencing the fulfillment of his passion for coffee! TROOP Coffee’s founder credits Omni Resources for their small business consulting and helping to provide the essential tools needed to transform his vision into a thriving business!