Kids Clothing Store Business Loans
So you’re not Baby Gap or Gymboree yet, but you want to be someday… and soon! According to IBIS World, the children and infant clothing market is growing at 2% annually and did over $11 billion in revenue over the past 12 months. Over 9,400 stores employed just over 100,000 individuals. You already have figured out that this is where you want to be, but now you want to grow and you don’t want to give up any of equity in your hard-earned business. That is where Silver Rock Funding can help. We want to build a relationship with you to ensure you get the access to different types of capital you may need as you grow. You could get approved for up to $500,000 for your small business within 24 hours and you could have the money in your business account 48 hours later.
Financing Small Business Loans
Maybe you have spent a good deal of your savings and you are looking to expand your business. Perhaps it’s a few bumps in the road due to the recession. Maybe you are concerned about less-than-perfect credit. Whatever the reason, Silver Rock Funding can help. Once you get started with Silver Rock Funding, a dedicated funding manager will be assigned to your kids clothing store. This allows you the opportunity to work with someone directly who can provide you know-how and answer all your questions about the process. Furthermore, they will be able to explain how the popular financing options work. One option is the merchant cash advance, which will allow you pay back your loan through a percentage of your daily credit card receipts. For most small business loans to be approved, you will need to provide six months of bank statements and three months of merchant processing statements. The decision to accept the terms and rates of the loans are completely up to you.
Get started on giving your children’s or kids clothing store the infusion of capital it needs to grow--even with bad credit you could still get a business loan. You could be on the road to growth sooner than you think.