Niche Biz: WeddingPaymentPlan.Com


Yahoo Finance:

A wedding is one of the most important days of your life. It can also be one of the most expensive, running $28,000 on average, according to some estimates. For those who don’t have that much, there’s a new company out of Norwell, Mass., that could help: Wedding Payment Plan will finance your wedding.

Scott Almeida, 35, says he got the idea from watching a family friend succeed at financing orthodontia and Lasik eye and cosmetic surgery. “My first thought wasn’t weddings; it was funerals,” he laughs. “But weddings are a lot more fun.” He wrote up a business plan as a nighttime MBA student at Babson College and began raising money from family and friends. He also tapped $100,000 from an account that he and nine former classmates had set up to back whoever came up with the best startup idea.

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