INDUSTRY

Liquor Store Financing

UP TO $2,000,000 AVAILABLE funding for liquor store.

100% TRANSPARENT FUNDING UP TO $2,000,000

Liquor Store Financing

The neighborhood liquor store is always bustling with activity. College kids line up for their favorite beer while connoisseurs choose from a wide variety of wines, from Napa Valley to the Italian countryside. As a liquor store owner, you must keep up with the current trends to keep your customers coming back for more!

As liquor companies release their latest collections, maintaining a well-stocked inventory is important to ensure you never run out of the most popular brands or miss out on the cult favorite. The value of your merchandise makes it imperative to invest in a state-of-the-art security system while keeping the storefront appealing for walk-in customers year-round. It helps to also account for practical business strategies like marketing new products, training employees, or keeping up with taxes and regulations.

Considering the demands of running a successful liquor store business, it is essential to think about your funding options. Liquor store financing can help bring you closer to your business goals.

Traditional bank loans with high-interest rates are also known to eat away profits, making it difficult to grow your business. Many liquor store owners may also face difficulties securing a loan, as they may be rejected due to industry regulations or low credit scores.

FundKite understands the importance of timely funding, giving business owners the support they need to dive into the opportunities that spearhead their growth. We provide funding for independently owned liquor store chains across the country, giving them access to the working capital they need to thrive!

Products &
Services We Offer.

At FundKite, we provide liquor store funding through an easy, straightforward process designed to set you up for success. This includes:

Rapid Funding

Our seamless funding process ensures you get the working capital you need for your liquor store business quickly. FundKite approves short-term funding for liquor businesses for up to 220 business days. While we review your revenue and financial statements, we also consider your business plans when drafting a financing solution that benefits you the most. Our process is so efficient that we can release your funds within 24 hours once your application is approved! With ready-to-use funds, you can make the changes your business needs to raise profits, which in turn helps you repay the funds faster.

The Benefits of Working with FundKite

FundKite’s financing for auto repair shops will provide your business with the working capital to pay for operational costs like labor, equipment, staffing, and utilities. It also allows you to envision and carry out your goals for growth and expansion.

Here are the benefits of financing auto repair shops with FundKite:

Clear correspondence

FundKite employees and underwriters are 100% transparent about our funding services. We provide all the information you need to get approved for funding based on your unique requirements. Our detailed Revenue Purchase Agreement gives you a comprehensive overview of the terms and conditions and ensure no hidden charges or fees deter your plans for liquor store financing.

24-Hour turnaround time

We understand that successful business decisions need to be made at the right time, which makes funding a time-sensitive process. We aim to provide you with the finances you need for your liquor store business to grow and prosper as quickly as possible. Our turnaround time for releasing funds after approval can be as little as 24 hours. Liquor store financing at the right time can help you improve your offerings and set yourself apart from the competition.

Fair evaluations

At FundKite, we pride ourselves on the support we provide to our clients. We are committed to your success, so we take the time and effort to evaluate your business plans and financial strategies when approving your application for liquor store funding. Our evaluation process sets us apart from traditional banks. Although we look at your credit scores, we don’t base our approvals on your scores alone. Instead, we take a comprehensive look at your business plan, prospects, growth, and cash flow before approving your application.

Sufficient funds

Elevate your business to the next level with secure funding delivered precisely when needed. When you apply for liquor store financing from FundKite, you can receive up to $2,000,000. We evaluate your business plans and aim to give you the working capital required to fulfill those plans, right on time. At FundKite, we have your back!

Why You Need Financing for a Liquor Store?

Running a liquor store can be a fun and rewarding experience. However, it does come with its share of challenges. Maintaining a robust inventory year-round while making room for increased supplies during the holidays or wedding season can strain your finances if you aren’t well prepared. The costs of running a store can also add up! From repair work and upgrades to employee payrolls and marketing, a healthy dose of working capital is always welcome to keep the wheels turning smoothly.

Timely liquor store financing can be just the stress-free boost your liquor store business needs to attract new customers and expand your reach.

Liquor store funding from FundKite facilitates smooth business operations and new initiatives that improve your revenue stream while keeping your customers satisfied. These include:

Applications for licenses, permits, and documentation required to set up and operate your liquor store business

Monthly rental costs, down payments, or mortgages for your retail and warehouse spaces

Construction costs for new stores

The cost of expansion to new locations

Upgrading or renovating the current premises

Adding storage space

Updating security systems

Installing new billing and accounting systems

Covering transportation costs

Paying customs duties or taxes

Liquor stores inventory financing while keeping up with increased demand during busy seasons

Paying employees on time, along with other benefits like insurance

Allocating funds for marketing, partnerships, or other business growth initiatives

With liquor store financing from FundKite, ensure you’re well on your way to success and growth as a profitable business.

The Requirements to Receive FundKite Financing

When applying with FundKite for liquor store funding, please be mindful of the following requirements:

Your liquor store must be open and running for at least one year

FundKite must have access to at least four months of bank statements from your business accounts

Your liquor store business earnings must be at least $30,000 per month

You must have a solid business plan for your future growth

Important Aspects to Follow

You can use FundKite’s easy application process and customized funding plans to get up to $2,000,000 as working capital for your liquor store operations. We usually release the funds 24 hours after your application is approved. Get ready to put the funding to use and spearhead your business growth with easy financing options from FundKite!

FundKite is a game changing institution dedicated to helping small businesses reach their maximum potential.

Do I Need Some Form Of Collateral Ready When Applying To FundKite For Liquor Store Funding?

When you approach FundKite to finance your liquor store business, you do not need to offer any collateral to receive funding.

How Do I Receive Liquor Store Financing From FundKite?

To begin the application process, we first need to ensure that you have been in business for at least a year. We also need evidence showing you make at least $30,000 in monthly revenue and four months of bank statements from your business accounts.

How Short Are FundKite’s Financing Terms For Liquor Store Funding?

FundKite offers term lengths as short as 220 business days for liquor store funding but will also consider longer terms if required.

Will My Low Credit Score Affect My Chances Of Receiving Funding For My Liquor Store Business?

Although FundKite looks at your credit score when you apply for financing, we do not base our funding approval decision solely on your scores. When allocating funds, we also consider your business plan, years of relevant experience, financial statements, and yearly reimbursements.

What Process Does FundKite Use To Recover The Funding They Provide To Finance My Liquor Store Business?

FundKite collects a percentage of your accounts receivable when your customers pay for merchandise. With this model, FundKite receives compensation only when your liquor business thrives. Instead of worrying about repayments, you can focus on business growth!

Are There Any Hidden Costs Associated With The Funding I Receive For My Liquor Store Business?

FundKite’s detailed Revenue Purchase Agreement is completely transparent and describes all the terms and conditions to build trust with potential clients. Our skilled underwriters and staff will also explain the process and answer any questions you may have, ensuring that there are no hidden charges or fees.

How Much Working Capital Can I Expect If My Funding Request Is Approved?

FundKite will provide a tailor-made offer that satisfies your funding needs after checking your application and verifying your eligibility. We offer up to $2,000,000 as liquor store funding once your application is approved.