Amanda Franklin, Owner at The Lazy Cow Parlor
“Big Think Capital has helped my business on two separate occasions – once to secure a revolving line of credit and another for a term loan.”
The Lazy Cow Ice Cream Parlor has been in business since September 2020. Amanda has always wanted to open an ice cream parlor since because she loved the small-town parlor growing up. Amanda anticipated on opening an ice cream parlor as a retirement plan. In 2020 she was furloughed from her corporate job due to COVID-19, so she decided it was the perfect time to open The Lazy Cow Parlor! They offer super-premium ice cream by the scoop, shakes, floats, cow patties, and plenty of other sweet treats!
“The revolving line of credit was initially used to purchase our mobile unit – The Sweet Shack. The Sweet Shack is a trailer that allows us to travel around, serving our products at private events and festivals, thus increasing our revenue. The term loan was used to secure equipment and inventory for our next big adventure of manufacturing our ver own brand of Lazy Cow super-premium ice cream. It has also helped us cover operational costs during our infamous winter season. Manufacturing our own ice cream brand means cutting out the middleman and keeping more money in the business – approximately $40k/year. We are currently operating two storefronts and the Sweet Shack trailer, and the savings means we have the opportunity for even more growth in the future.“
“Amanda Franklin was very pleasant to work with. She was direct and let us know exactly what she needed and provided the requested information as needed. She has a thriving ice cream and dessert business that is expanding and we are proud to be a part of that process with her. We look forward to a long working relationship with Amanda and her business!”