Sophia Ellis has always been passionate about making Jamaican food. That’s why, in April 2020, she decided to start cooking and selling her dishes from her home kitchen in Seattle, Washington. After a very successful first year, she set her sights on expanding Just Like Home Jamaican Kitchen by launching her very first food truck.
Need for Capital
Business quickly took off for Sophia and her food truck. Demand grew so much that she realized she needed more space to serve customers efficiently. After saving enough money, she purchased a second, larger truck to replace her original one.
However, once she began cooking in the new truck, she discovered that much of the equipment had been imported from overseas, making replacement parts extremely difficult to find. To prevent future disruptions, Sophia decided it would be best to replace all of the cooking equipment at once. At that point, she knew she would need additional working capital to make it happen.
Why Capital Funds
Sophia researched several funding options before deciding that Capital Funds was the best fit for her business. She chose Capital Funds because of the fair rates and the reassurance that her payments could be adjusted if her revenue fluctuated.
After re-outfitting her truck, Sophia encountered an unexpected delay while waiting for approval from the Health Department. During this time, she temporarily returned to cooking from her home kitchen, serving only her most loyal customers, which resulted in a drop in revenue.
Sophia reached out to her representative at Capital Funds for payment relief and was able to reduce her weekly payments accordingly. This flexibility helped keep her business running during a challenging time.
Throughout the process, Sophia also found tremendous support from the customer service team at Capital Funds. When she felt discouraged, her representative helped her stay positive and focused on her long-term goals. Knowing that someone truly cared about the success of her business became an unexpected highlight of working with Capital Funds.
As Sophia prepares to get her food truck fully up and running again, she’s grateful for the support she received from Capital Funds. And if she ever needs additional working capital in the future, she knows exactly where to turn.
Interested in learning more about how Capital Funds can help your business? Check out our product or submit your application today. Still have questions? Give us a call at 888-244-9099 or email us at info@capitalfunds.com. Our team is available Monday through Friday from 9 AM to 6 PM EST.