Real People, Real Success

Small Business Growth: Homemade Ice Cream

Annapolis Ice Cream Company is about to head into its 12th year of business, and has been voted “Best of Annapolis” by its customers 11 consecutive years. Not a bad track record! In addition to its Main Street location, you can now find the famous homemade ice cream at its second location in the Annapolis Mall.

With the upcoming slower season, Walter, President of the business, needed extra working capital to allow for growth, and recently received a small business loan from IOU Financial. “[The loan] will give us the ability to take advantage of the natural winter slowdown to get fully prepared to come into 2016 extra strong,” Walter explained. The IOU Financial working capital will also enable Annapolis Ice Cream Company to add a new POS and inventory system, hire supervisors, and boost marketing support for its second location.

“Traditional banks have no clue how to read our business success. [IOU Financial] listened and understood,” Walter said of his experience with IOU. “There’s a reason IOU has a sterling reputation for customer service.”

 

Closing

Around Annapolis and want to get a frozen treat?! Find the hours of operation and new flavors through Annapolis Ice Cream social media!

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