Business

Coffee business, lender make pitches at weekly 1 Million Cups event

New business pitch: Equisset

The company is an alternative to traditional banking. It lends money purely on the value of collateral of commercial real estate.
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The company is an alternative to traditional banking. It lends money purely on the value of collateral of commercial real estate.

The owner of a coffee roasting and brewing business and the manager of an innovative method of lending on real estate and equipment pitched their visions at Wednesday’s 1 Million Cups ICT event.

1 Million Cups ICT is a weekly gathering designed to aid entrepreneurs by making contacts in the community and gaining awareness. It meets from 9 to 10 a.m. on Wednesdays. Next week’s event will be at Wichita State University’s Old Town offices, 238 N. Mead.

Here are the latest presenters.

Andrew Gough was a long-time coffee aficionado who has turned his love into a coffee roaster and cafe at 2611 E. Douglas.

Reverie Coffee Roasters

Owner: Andrew Gough

Pitch: Gough roasts coffee for his cafe at 2611 E. Douglas and to sell wholesale. He also holds coffee-themed events.

Status: He’s been in business since 2013.

Need: More customers and more interest in better-quality coffee

Contact: www.reverieroasters.com

The company is an alternative to traditional banking. It lends money purely on the value of collateral of commercial real estate.

Equisset

Manager: Richard Belt

Pitch: Equisset is a company that lends money based solely on the collateral value of commercial real estate or equipment. It is owned by Wichita entrepreneur Jeff Lange.

Status: Belt said Lange has made asset loans for years, but only in the past year has he formed a company to formalize the venture.

Need: More customers

Contact: equisset.com

Next week

The next 1 Million Cups ICT will feature ICT Food Circle and Alltite.

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