BestMon Cash Flow LLC | Application Preview
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General Information
Business Registration Number: C2024 095 08480
Location: Charlotte, NC, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
I’m a disabled African American woman looking to scale my ATM business BestMon Cash Flow LLC. I currently have 1 machine installed and would like to have more installed as soon as possible . The ATM’s cost money and I need funds to place in the machines. The funds would help me scale quicker I can provide and service machines to more business owners requiring my service as well as achieve my goal of financial independence and financial freedom! . Right now I’m limited to scaling due to lack of financial resources. As a physically disabled woman of color it’s been my choice to not accept the hand I’ve been dealt but to become my own dealer. After writing and publishing my second book, I realized the only person who can place limits on me … is me! I’ve since ventured into entrepreneurship and desire to be an example to those who desire to do the same. Let’s take the limits off and strive to be the best version of ourselves for our family and our community.
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Business Plan
I will use the grant money to purchase additional ATM machines. I will use a locator service to assist me with finding prime locations for my machines. Next I will have the machines installed professionally. Finally I will add funds to the machines. I will also invest in marketing outside of just my website to help thrust Bestmon Cash Flow LLC to the forefront as we become a household name. I was injured on my job in 2016 and in 2020 I underwent surgery and had a L5 / S1surgery. Though the surgery went well it left me with some physical disabilities and struggling financially on social security disability. I have worked since I was 14 years old, I pride myself with being able to take care of myself and my son financially. Since 2016 I have been failing miserably at that one responsibility. I have tried going back to work a regularly 9-5 but physically it’s too much of a challenge. The last thing I want to do is be a burden to some employer by requesting FMLA or any other resources that employers might provide. I just want to take care of myself and my son. I know I can do this if given a real chance.
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Self Identified Competition
As an independent ATM contractor my compensation is limited to banks, credit unions and other financial institutions. The ATM business is extremely difficult to get into because it’s considered to be high risk. Financial institutions are strict when it comes to opening checking accounts to receive service fees commissions. Nonetheless I am already operating in the ATM industry and space. Bestmon Cash Flow LLC banks with PNC Bank. All we want to do is grow, get more ATM machines and service more black and brown businesses in our community with your help of course. My focus is small black and brown business owners in my community and surrounding areas. This is important to me because I want my clientele to have the benefit of a familiar face. They have the opportunity to partner with someone they see in their neighborhood, at the grocery store, at the mall.
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Contact Applicant
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