While operating a small retail business can be a dream come true for entrepreneurs, the industry provides its own set of difficulties. Competition, seasonal swings, and inventory are all elements that influence a retail store’s level of success. To succeed in today’s market, a wise retail store owner understands the importance of being ahead of the curve.
When it comes to operating a retail business, ensuring that you have adequate access to capital is crucial. The retail landscape can be exciting and gratifying, but it also comes with its own set of challenges and responsibilities. While the size of the retail industry offers many opportunities for entrepreneurs, it is also very competitive, making it increasingly risky. We recognise that competition and seasonal changes have a significant impact on retailers, therefore we want to spare you time to focus on your business’ needs. Our retail store business loan, combined with our flexible repayment plans, gives you the ability to keep your merchandise replenished, renovate your store as you wish, and to cover unexpected expenses that arise.
Our industry experts are here to assist you in running a successful business- we work with you to determine the best financing solution for your company, including loan options that fit the requirements of your business. The application process is simple and quick, allowing us to provide you a pre-approved quote in minutes, and funding in as little as 24 hours. To unlock your business’ potential, call now or apply online today.
Depending on your location, rent may be your largest expense as a small retail business owner. You will also need to account for the cost of utilities such as energy and hydro, and other month-to-month fees such as phone and internet payments. A retail business loan will allow you to allocate funds to ensure you are able to fulfill your bill payments each month.
nsuring you have enough inventory on-hand creates a sense of trust and responsibility for your customers, knowing that your business is reliable and can secure what they need. Alternatively, if you fail to secure enough inventory to meet the customer demand, you can lose sales and hurt your business and reputation.
Spreading the word about your business and brand isn’t easy, and certainly isn’t cheap. Using advertising and marketing tactics allows you to get the name of your business out to the public, gaining it more popularity and familiarity. Use a retail store business loan to tap into advertising and marketing strategies that have proven successful.
Our all-digital credit application process is quick and easy and typically takes less than 10 minutes. We ask for basic information about you and your business. We ask you to securely connect your online banking information. And as soon as you're done, we'll tell you exactly how much you can borrow - all without hurting your credit score.
When your application is complete, you'll know exactly how much you can borrow, but only you know how much you actually need right now. Make individual draws from within your overall business loan limit, each with their own fixed fees and terms. All pricing is up front, with nothing hidden in the small print.
Choose the repayment schedule that makes sense for your business—from daily, or weekly payments, or pay early to save on interest. Borrow from $5,000 to $300,000 on 3, 4, 6, 9, 12, 18 or 24 month terms, with absolutely no hidden fees.
If your business meets the following basic criteria, our all-digital application process will have us on the way to helping you in minutes.
Every day brings a different challenge and a different opportunity. At Thinking Capital, we're here with the funds you need when you need them, whether that's to seize the moment, to face down business calamities, or to bet on yourself as you take your business to the next level.