Are You Seeking
The retail wine, beer, and liquor industry in the United States consist of over 300,000 stores with combined annual revenue of roughly $40 billion. Independent liquor store owners universally struggle to maintain a healthy cash flow because of the subtle shift in the economy. Some primary reasons for this can include restrictive government regulations, increasing overhead costs, financial mismanagement, costly payroll, expensive inventory, and local competition.
One of the most significant issues liquor store owners face is a lack of access to working capital. We work with many traditional and alternative financing companies in this industry. By giving us just a few pieces of information about your business we can offer you different loan options. Merchant cash advances, accounts receivable financing (invoice factoring), equipment financing, inventory financing, purchase order financing, and traditional loans (banks, credit unions, the SBA) are just a few of the financing products we can arrange for liquor store owners.
Funding in as little as 24 hours
No Spending Restrictions
Lower Upfront Cost
Fund Payroll With Ease !
Despite being one of the most profitable sectors of the retail industry, liquor stores are often denied financing by traditional lenders who believe that their operations are high risk. This is true mainly for startups and business owners lacking established business credit. The chances are that if you fall under this category, you’re likely to have already experienced this firsthand if you’ve ever tried to apply for a loan. Luckily, we fund liquor store business with financing including everything from inventory to payroll, expansion to renovation, equipment purchase, supplies to order, and payroll to meet when you operate within this industry.
Discover Financial Options You Never Knew You Had…
Access working capital for equipment, inventory, renovations, or expansions.
Lump sum of capital you repay using a portion of your daily receivables.
Smaller sum of money you pay back, plus interest, with daily payments over 3 to 18 months.
Cash available for the day-to-day expenses of running a business and is a measure of both a company’s efficiency and short-term financial health.
Loan to help you afford new business equipment right away by using that equipment as collateral.
Borrow money for working capital, purchasing inventory or equipment, refinancing other debts, buying real estate, or even funding the acquisition of other businesses.
With invoice financing, you could get a fast advance of about 85% of the value of your invoices, with most of the other 15% paid to you later.
A Business Line of Credit works almost like a credit card, except you get access to cash and lower APRs. A line of credit is an arrangement with Sutton Funding that establishes a maximum loan the lender will allow the borrower to take. You can withdraw funds (as low or high as you wish) on the line of credit at any time, as long as you don’t exceed the maximum set in the agreement.