Retail Finance For Small Business

On abc13 showing deals for customers to save money and support small businesses struggling in covid 19.

Retail finance for small business. Small business set to be hit hard in easing of victorian restrictions. The retail business offers all sorts of products and services to consumers but like any business retail also experiences seasonal shifts inventory needs unexpected repairs staffing and training challenges and more. We have a 10 year track record of providing the small business industry with alternatives to traditional business loans in the form of funding and asset finance. From driving traffic to increasing conversions offering a point of sale finance solution could help you meet your business goals.

Tailor made retail financing for small business retailers. This vision usually articulated in the executive summary is great for procuring financing in the beginning. The second lockdown has seen some businesses barely staying afloat making just one sale a. A recent survey of our retail finance customers showed that 55 of customers chose to go ahead with the purchase because of the availability of an affordable credit option.

It also gives small business another tool to help them compete with the major retailers and chain stores which often have the edge over the independent outlets and specialist stores both on and off line. Small business grim reality of melbourne retail industry after being hit by two lockdowns. Retail is an exciting industry with its own set of rewards and challenges. The small business and retail landscape are no doubt at a crossroads yet optimism still exists.

Sometimes confused with the term business plan because many people use these two ideas interchangeably the financial plan is focused on the current financial health of your retail store versus a business plan that is focused on your vision for a retail store. Small business owners again look set to be hit the hardest by the easing of victorian restrictions. With change comes opportunity and in the case of smbs and retailers adapting to new fintech. Retail rescue will air on saturday september 13 at 4 30 p m.

There s plenty of retail finance providers at your level and you don t need a consumer credit licence if you offering payments up to 12 months that was changed a few years back.