Funding for Retail Businesses
Owning your own business is never without challenges, and that’s particularly true when your business is in the retail industry. In such a competitive market where the challenge of reaching customers only increases with every digital advancement, smart business owners know the importance of staying ahead of the curve, and they achieve that advantage with a boost in working capital. An influx of funds helps the owners of both e-commerce and brick and mortar retail stores prepare for seasonal peaks, stay up to date with current industry trends, and reach customers before their competitors do with smart marketing. Because let’s be honest, if you can’t give consumers what they want, somebody else will.
By choosing Prompt Capital Funding as your alternative funder, you’re not just getting affordable capital, you’re building a long-term relationship for financial success. We believe in 100% transparency and will explain everything about your plan, down to the fixed terms and automated payments. The application is free and simple, so you’ve got nothing to lose! Prompt Capital Funding’s in-house underwriting team makes the qualification process fast, not to mention customized. No two businesses are the same so why should your financing plans be? With our boutique funding style, you can get a personalized plan tailored to fit your business’s unique needs and growth goals. Because we are staffed with an experienced in-house team, we’re able to offer flexible options and live price changes to companies that don’t qualify for traditional bank loans.
Funds For Inventory
Use funds to purchase or restock inventory. You can also increase your product selection and reach a larger base of customers with funding. Buying in bulk order requires more funds, but lowers your costs per goods. Funding can
help you get more products for cheaper, leading to an increase ROI.
Boost Your Marketing
With online stores being a trillion dollar industry, sometimes gettting people into your physical location can be challenging. Use funds to create a marketing campaign to increase your presence online.
Funds for Payroll Needs
Running a retail store requires a lot of daily capital just to operate including the costs of inventory, rent, marketing, and more. Employees need to get paid too, even on slow days. Use funds aquired to meet your payroll needs.