Our company is an online retailer of photography supplies. This is a strong niche which is experiencing a nice bit of growth right now. Additionally, as the market becomes more and more internet based, we are able to move rapidly into new trends whereas the larger, more established retailers don't seem to be making a big effort. We have a strong following on Amazon and are expanding to eBay, Etsy and with the marketing/consumer data we have gleaned from said platforms, we plan on launching a website and driving traffic via social media and forums.
At present, we have a 12-month term loan in good standing which we would like to refinance so as to lower our monthly payments, enabling us to stock up on inventory for the rapidly approaching holiday shopping season. We have experienced impressive growth during the previous two years Q4. I've selected a longer term for flexibility but fully intend to pay off the entirety of this loan sooner, preferably within 12 to 18 months. Thank you!