Children's Clothing Store Loans
Payroll, merchandise, marketing are among the many expensive costs out there for a business owner of a children’s clothing store. While it is an incredibly expensive industry to operate in, it is also lucrative and expansive. According to the U.S. Census Bureau, 7,349 establishments were engaged in the retail sale of children's and infants' clothing, furnishings and accessories in 2008 with industry-wide employment of 91,498 workers. All of those establishments wouldn’t be operating if there wasn’t money out there to be made. Unfortunately as we all know, sometimes it takes money to make money and getting capital from a bank or credit union isn’t exactly easy these days.
Financing Small Business Loans
Now with Silver Rock Funding, our network of lenders could get you up to $500,000 for your business, even if you have bad credit. One of the most popular forms of this type of financing is the merchant cash advance. In a merchant cash advance, you will be able to repay your loan when the lender takes back a percentage of your daily credit card receipts. While the merchant cash advance option is popular, there are numerous ways your funding manager could help your business and they will be happy to help you through the process. Best of all, lenders respond within 24 hours to your request and you could have the cash within 72 hours. For most small business loans you will need six months of bank statements and three months of merchant processing statements.
The Silver Rock Funding difference is evident from the beginning of the process to the end. You will have a dedicated funding manager who will work with you closely to help grow your children’s clothing store. So whether you need to expand or even open up a second location, Silver Rock Funding can help make it happen. Get your business the infusion of cash it needs to thrive. The power of the Silver Rock Funding will help your business get the shirts off the rack and onto the backs of children!Silver Rock Funding is dedicated to children’s clothing shop business loans and recently published an article on this exact industry and detailing how these business can thrive in the current marketplace.