89.1 WEMU

When Banks Won’t Lend, a Loyalty-Based Start-Up That Will

May 20, 2015
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Beezy’s Cafe looks like a thriving business. The six-year-old restaurant and coffeehouse draws crowds for breakfast and lunch, employs 16 people, has a trail of glowing reviews for its “hippy vibe” and “super friendly” staff, and recently extended its hours to serve dinner on Fridays and Saturdays. But to banks, it’s a risky venture with little appeal.

Source: Nytimes

To the residents of Ypsilanti, Mich., Beezy's Cafe looks like a thriving business. The six-year-old restaurant and coffeehouse draws crowds for breakfast and lunch, employs 16 people, has a trail of glowing Yelp reviews for its "hippy vibe" and "super friendly" staff, and recently extended its hours to serve dinner on Fridays and Saturdays.

Read more at: Nytimes