INDUSTRY
Retail Store Financing
Up to $2,000,000 of Funding Available for Your Retail Store
100% TRANSPARENT FUNDING UP TO $2,000,000
INTERESTED IN FUNDING FOR RETAIL STORE?
The retail industry encompasses a wide variety of businesses that require significant capital to set up, function, and turn profitable. Apart from the large chains and brands that have dominated the retail space for decades, a change in demand patterns, especially in the younger populations, is providing better opportunities for small and medium retail businesses to cement their foothold in the market. This, like any other industry, requires adequate funding. Retail store financing aims to allow retailers to set up and operate a fruitful business venture alongside aspiring for sustainable growth. Akin to other business requirements, retail store funding is centered around providing businesses with capital to help them procure inventory & equipment, or to cover running costs.
Due to the seasonal nature of retail businesses, you might find yourself in a tight spot from time to time due to a lull in sales and footfall. While fluctuating incomes can befall your business, keeping a steady working capital forms the backbone of running a successful retail enterprise. This is why trustworthy retail store financing is integral to the seamless functioning of your business. While there exists a multitude of funding solutions for retail stores, the varying requirements and often stringent eligibility criteria complicate an already complex decision-making process. Lucky for you, FundKite provides an array of options to choose from, making the financing process much simpler for all retailers.
FundKite offers boutique-style retail store funding to a large array of businesses across multiple industries. Whether you operate an online or brick-and-mortar retail operation, FundKite is committed to finding a tailored solution that works best for your business in both the short and long term.
Our unique financing for retail strategies factors in your operational goals to provide the most attractive funding option for your business. With the evolving market space in retail and the growing emphasis on digital engagement and marketing, our representatives work with you on every aspect of figuring out a working capital solution for your business.
Products &
Services We Offer.
FundKite understands both the seasonal peaks and dips in the retail business space. We work to keep your business afloat irrespective of the revenue generated per month. Our transparent retail store funding programs allow you to remain consistently competitive with the largest chains by providing opportunities to expand your digital presence and marketing reach, expand your physical presence, entrench your brand image, recruit excellent staff, purchase cutting-edge equipment, and by helping you implement the latest market trends into your business model.
By securing retail store financing from FundKite, you’re bound to weather every challenge keeping you from serving every last customer within your retail store’s operational range. Apart from the seamless process of procuring funding, our staff also relies on long-standing experience and customer-centric practices to answer any questions you may have regarding our retail store financing options. Check out our retail store funding solutions to secure your business’ future today!
Short-Term Financing.
Short-term financing ensures variable repayment times (from 1-5 years) and methods, including sales-based or revenue-based repayments. FundKite has shorter term lengths going up to 220 business days. We don’t focus on your credit score but take a more comprehensive look at your business. We pride ourselves on quick evaluations that deliver the funds you need within 24 hours.
FundKite offers hotel funding options such as working capital to buy equipment, hire employees, market your business, remodel and expand your services, clear any outstanding debts or taxes, and purchase inventory if required.
FundKite gives you the financial freedom you need to make the right decisions for your hotel business to survive, grow, and thrive. We offer hotel funding that allows you to borrow the capital you need over the short term and repay it quickly with your profits. Our process is much quicker and more efficient than traditional bank financing.
Boutique Funding
FundKite offers customized financing solutions tailor-made for your hotel’s growth and development. With our personalized approach, we develop hotel funding options to set your business up for success.
Experienced Underwriters
Enjoy a rapid and efficient application process for hotel financing with the help of our skilled underwriting team. We pride ourselves on offering 100% transparency in all our communications. Our team will take you through the process without hidden charges or fees.
No Interest Rates
FundKite does not apply any interest rates for the hotel funding we provide, which differs significantly from traditional banks’ operations. Instead, we purchase your business’ future receivables by collecting a small percentage of your sales when your customers pay for the services rendered at your hotel or motel.
Why FundKite Is the Ideal Retailing Financier
In the 7 years since FundKite’s establishment, it has worked with several thousands of businesses and has successfully offered upwards of $900 million in funding to businesses across the spectrum. Here’s why FundKite is the best financier to bolster your retail business’ success:
Here are the benefits of financing auto repair shops with FundKite:
An Unmatchable Drive for Your Success
When looking for a sustainable retail store financing solution for your business, FundKite’s zeal for offering the best to its customers is only matched by the perks of partnering with our firm. The benefits of securing funding from our company are pivotal to our company’s vision of helping small businesses achieve long-term success with fruitful financial backing in areas of the business that require maximum capital.
Lightning-fast Approvals
With an emphasis on time, our company works toward getting your retail sore funding approved in a matter of hours. Our representatives look to match your enthusiasm in getting your business where it deserves to be, allowing for not only a successful venture but also a lasting business relationship.
Simplified Eligibility Criteria
Apart from the promptness of our funding, our multi-modal approach to qualification criteria makes it simpler for business owners to apply for retail store financing without worrying about their credit scores. With our eye on unique parameters that determine the overall standing and performance of your retail store, our employees are ever-enthusiastic about connecting you with the financial resources you need to succeed. Driven by both passion and a genuine thirst for mutual growth, FundKite looks forward to seeing every retailer through when it comes to business success.
Honesty, Transparency, and Trust
Lastly, our firm’s straightforwardness is something you can always count on. With transparency on every last detail concerning both our retail store financing processes and any questions regarding them, our firm reaffirms its commitment to an honest business.
What You Can Expect When You’re Funded by FundKite
Whether you own a kitchen appliance retailer, a furniture store, a convenience store, or a liquor store, FundKite has the perfect retail store financing solution for your up-and-coming business. Starting and operating a successful retail store carries considerable risk, much like any other business with a seasonal demand pattern. This also makes the process of acquiring funding considerably more complex as compared to other straightforward business models.
Retail store owners are able to not only build a comprehensive & sizable inventory with the help of financing but also secure their running costs and manage shortages in cash flow when faced with slow months. This would include providing wages to employees and maintaining a continuous supply line regardless of the revenue. With FundKite’s retail store financing solutions, retail businesses can benefit in the following ways:
Expansion or renovation of your retail establishment
Clearing outstanding debts
Strengthening marketing strategies to attract better footfall, be it a virtual or brick-and-mortar retailing operation
Restocking inventory
Equipment upgrades and purchase
Revamping technological resources and investing in POS platforms, customer databases, and e-commerce platforms
Insuring your retail establishment
Using increased cash flow to improve the availability of competitive options to boost customer presence
Improving your opportunities to secure working capital to cover unexpected costs or salaries
Brand development and lasting customer loyalty
Enhanced financial capacity to host events and other interactive gatherings at your establishment to promote both digital and word-of-mouth marketing
Should be established and running for
6 months minimum
Should have a monthly revenue of $10k or more.
Should have records for at least four months of bank statements.
Things to Consider While Applying with FundKite
FundKite is always committed to providing hassle-free funding to businesses seeking lasting growth. To make this happen, our company’s policy on business requirements is kept simple to allow for a straightforward approach to financing and swift processing protocols. This includes:
Easy access to essential expansion capital for retailers
Excuse-free growth capital for retail businesses of all sizes
Our company’s minimum requirements are as follows:
At least one year of experience in the business
Minimum monthly revenue of $30,000 or more
A four-month financial statement
FundKite is a game changing institution dedicated to helping small businesses reach their maximum potential.
You can apply for retail store funding from our firm for a variety of business requirements. Businesses often apply to retail store funding programs for expanding inventory, restocking inventory, equipment procurement, renovating/expanding the establishment, investing in better marketing campaigns, offsetting running costs, paying wages, and much more. Get in touch with our expert financial advisors to know more about what we provide our clients.
FundKite has straightforward minimum requirements to qualify for funding – these include at least being 1 year into the business, having $30,000 in monthly revenue, and a financial statement spanning 4 months.
FundKite does not follow the conventional banking model of charging interest rates from its client retail businesses.
Down payment rates are often pegged between 10% and 20% of the total retail store financing sum. However, exceptions are made when the capital is to be used for equipment purchases. The equipment serves as collateral for the borrowed sum instead.
While there does exist a timeframe for receiving funds based on the total retail store financing amount, some applicants might receive their approved funds as early as 24 hours after submitting their application.
You need proof that you have been in business for at least a year, with monthly revenue of at least $30,000, and a 4-month financial statement from your business bank account to get approved for retail store funding.
