Financing for small businesses in the Retail industry
Retail businesses in fashion, accessories, housewares and more are ideal candidates for retail business financing because they have regular cash flow. With our small business financing for retail, take advantage of our convenient and fast application, that unlike regular, rigid business loans that take longer to be approved for, and instead get quick and convenient access to funds, without having to go in-person to apply and pay off your financing on a daily or weekly basis.
We know your sales can be seasonal and sometimes retail shops need boost in extra cash to take advantage of inventory deals, seasonal staffing, or even debt management. That’s why we’re here, with businesses able to chose between our Term Financing solution and Line of Credit
How can I use the financing?
Once you get approved you can use the financing to grow your business the best way you see fit. We know that small businesses need all the help they can get, so it’s our job to make the process of applying for financing as easy and clear as possible. Small business owners are busy and should not have the added stress of applying for the capital they need to see their business grow. We have seen our retailers use the capital for many different types of reasons such as the below:
- Increasing Inventory
- Hiring
- Getting bulk discounts
- Cashflow
- Expansions
- New product launches
Small business funding minimum requirements
Merchant Growth offers small business funding options with minimum eligibility requirements:
Location
Canada
Monthly Revenue
$ 10K
Time in Business
6 months
How does it work?
STEP 1
Complete Application
You can choose to give some details either through the online application or over the phone, and it will only take you 5 minutes.
STEP 2
Review Options
Our team will reach out and work with you to determine the best solution.
STEP 3
Get Funds
Receive your funds in as fast as 24hrs after approval.
Get started today
Complete our online application and we’ll contact you to present financing options tailored to your business needs.
