Do you own or operate a retail storefront? Are you looking for a way to differentiate your business from other companies in the area? If so, you’ll want to ensure that you partner with a reliable and reputable source for small business capital – a lender like www.badcreditbusinessloans.com (BCBL). At BCBL, we specialize in helping small businesses just like yours to grow and prosper by providing upfront cash that can be used for a variety of purposes. Retail businesses can be quite lucrative, but they can also be quite fickle when it comes to remaining relevant within the industry. Yesterday’s great product or display may fall flat once consumer tastes change, so it is crucial that those who own or operate retail businesses remain acutely focused on market trends and consumer demands. Changing the physical layout of the retail storefront is one way to keep things fresh and new, as is stocking a wider variety or more eclectic mix of inventory. Both can help drive business – but they also, unfortunately, cost money.
Many retail store owners think that traditional lenders like banks or credit unions are the answer – but these institutions simply look at your credit score, collateral, and tax records to determine whether they can approve you or not. If you have bad credit, little to no collateral, and don’t show significant earnings on your tax returns, you may have a hard time securing a retail business loan through a bank. Plus, they tend to deliver inflexible loan terms, a long and quite complicated application process, and they’ll require you to do a lot of work gathering documents before they can even make a decision. Those who own retail businesses know that time is the greatest commodity, so skip the drawn out and frustrating process of applying with a bank or credit union and contact BCBL today.
One of our helpful loan specialist will be able to walk you through the application process in a matter of minutes. Then, we will simply collect a few basic documents that will help us to create a responsible and beneficial loan package for your business. We will deliver a business loan decision in less than 24 hours, and we are generally able to secure your retail loan offer in a matter of days – not weeks or months like traditional lenders. You will have control over how you spend the money, after all – nobody knows your business as well as you. The cash you need without the hassles of traditional financing means you will be able to begin achieving your short, medium, and long-term retail business goals in no time at all.
Retail businesses often demand a significant investment in on hand inventory, so make sure that you don’t use cash in the bank to facilitate these purchases. Small business financing from BCBL can help you safely and affordably stock your business with the inventory it needs, and that means you will be better prepared to take care of your customer base. You can also manage seasonal hiring needs, adjust for variations in payroll expenses, handle high interest rate debts or past due bills, or increase your marketing or advertising budget to drive in new business. With BCBL, you’ll be in control – and you’ll have access to the small business capital that you need to drive your business past the competition with ease. Contact us today to get started!