Owners: Derrick and Warren Clark
Location: Bethlehem, PA
Business: Furniture and Home Décor
Purpose of Loan: Storefront Renovations and Inventory
Impact: Economic Security
A few years ago, Derrick and Warren Clark launched Domaci, an online furniture and home décor retailer specializing in unique eco-friendly, solid-wood furnishings. While their online business grew, they turned their sights on opening a brick-and-mortar showroom in historic downtown Bethlehem.
Derrick worked with the Lehigh University Small Business Development Center to discuss options, draft a business plan and obtain financing advice. Not needing extensive financing, the Clarks were surprised by the lack of interest from traditional banks. Community First Fund stepped up and provided the financing for minor storefront renovations, inventory and other expenses.
In the spring of 2016, Derrick and Warren opened their first Domaci retail store, featuring eclectic furniture and home décor. The thriving business, known for its commitment to sustainability, unique offerings and strong support of local craftsman, will soon relocate to a space nearly three times larger in Bethlehem’s vibrant SouthSide Arts District. Additionally, they recently announced plans to open a second store in downtown Lancaster in 2019 when the 101NQ revitalization project is completed.