Clothing Store Working Capital Loans

working capital loansClothing Store Working Capital Loans with an alternative lender is the quickest way to secure funds for your business. Traditional lenders require good credit, want to review your resume, a detailed business plan, two years of financial paperwork, collateral, plus they want a detailed plan how the funds are going to be used. The application typically takes 40+ hours to complete. If you are approved it can be a month or longer before you get the capital you need. Rejection rates have been roughly above 80% over the past several years with on SBA loans. If you have any issues the application is denied.

Click below to see different industries, business strategies, and how to get started.

Clothing industry growing

Apparel and clothing stores are an important part of our local economies. There are thousands of independently owned retailers operating in small stores and shopping malls throughout the country. It requires hard work, perseverance, and flexibility to succeed. Between the demanding competition, high operational costs, plus the constantly fluctuating customer demand. You need to continually invest in the future of your business in order to remain ahead of rival companies. Whether you need money to expand, invest in new materials and accessories, marketing your business, furnish or decorating your store. Clothing store working capital loans can help grow your business.

working capital loans

Clothing Store Working Capital Loans – Capital without the hassle

Clothing store working capital loans

Clothing Store Working Capital Loans process is different from banks or lenders offering SBA loans. We focus on the actual business performance that can be reviewed with a few months of bank statements. This allows us to be flexible on credit history checks and avoid the unlimited documents connected to your approval. We offer funding from $5000 to $500,000. The actual rate and term is dependent on the performance of the business. The amount capital that can be borrowed is dependent on the monthly deposits. There is very little paperwork involved, this is the main reason why the application process is so quick.

Click below to see different industries, business strategies, and how to get started.