Retail Loans
A retail loan gives businesses funding to pay for various items such as the start-up or purchase of a new business or to cover inventory, retail equipment, overhead, payroll, or other costs.
What is a Retail Loan?
Retail loans are used to fund various scenarios such as the acquisition, development, renovation, or refinancing of retail properties or providing working capital for new or existing businesses to grow and thrive.
Common Uses of Retail Loans
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Properties: Financing the purchase, construction, or renovation of shopping centers, strip malls, standalone retail stores, restaurants, entertainment venues, boutiques, and mixed-use developments that combine retail, residential, and office spaces.
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Day-to-day expenses: Payroll, leasing, utilities, supplies, and more.
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Growing the business: Creating marketing materials, improving an online presence, or investing in new technology.
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Key Features of Retail Loans
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Competitive interest rates
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Flexible payment options