Grocery store owners often run into issues with cash flow and inventory. Competing with the likes of Walmart, you have to make sure you take advantage of good inventory purchases when they come along. This usually means that you have a short window to make a volume buy on merchandise you know you can sell quickly at a much higher profit margin.
Margins in the grocery store business are low as it is so you have to be fast with your decision or lose out. Small Business Funding provides grocery store business loans fast! Approvals in just 24 hours and funding in only 7 days or less.
Grocery stores can be approved for our financing regardless of credit, time in business, or speed of funding. Small Business Funding works with the nation’s leading alternative lenders. Grocery store business loans are used for large volume inventory purchases, expansions, payroll, general maintenance and upgrades, equipment (like walk in freezers), and working capital. Whatever the purpose we can provide this funding quickly even if you have been denied by your bank or credit union.
Small Business Funding grocery store business loans range between $5,000 and $250,000. Loan amounts are based on business performance, credit history, and time in business. Proprietary algorithms enable us to perform detailed underwriting in less than 24 hours to get you your capital fast. Repayment terms range from between 3 months to 24 months. These are short term loans for short term needs and should not be considered a long term financial solution. These loans come in several forms including merchant cash advances, unsecured business loans, asset based loans, and factor loans. Each has their pros and cons and Small Business Funding can determine which will be best for your situation. The grocery store business loans process will be hassle free and seamless when working with Small business Funding. Apply today!