Merchant cash advance and working capital loans for electronic stores
Whether you are just starting an electronics store or have been operating one for years, having access to the necessary capital to grow your business and to compete with larger corporate chain stores is critical for your business’s success.
In order to compete with larger chain stores, you need to increase your marketing and promotion as well as provide a wider selection of the most up-to-date electronics to satisfy the needs of your customers and keep them coming back for more.
Maintaining a steady cash flow is also crucial in competing against corporate chain stores. During peak seasons such as the holidays, your working capital can make huge fluctuations as you purchase extra inventory to prepare for the increased traffic in your store. Running out of inventory could cost your business thousands of dollars and could cause your customers to become frustrated with the lack of options. But where do you get the funding to be able to do these things?
Zip Capital Group financing solutions for electronic stores
That’s where we come in. At Zip Capital Group, we understand that as a business owner of an electronics store, you need flexibility when it comes to getting a loan. We know that you don’t have time to fill out mountains of paperwork, so we make it easy to apply for a loan with our simple online sign-up process that can have you approved for a loan in under 48 hours.
We provide funding for electronic stores ranging from $5,000 to $2,500,000 and have the funds in your bank account in as little as 48 hours.
Electronic store expenses suitable for use of funds
We offer flexible payment plans and you can use the funding for all types of business expenses including, but not limited to:
- Evening out cash flow fluctuations during peak seasons.
- Increasing marketing and promotion for improved store traffic.
- Installing security systems to prevent shoplifting.
- Expanding existing space or adding new store locations
- Purchasing a wider selection of electronics to appeal to a larger customer base.
About Zip Capital Group
Zip Capital Group is a leading small and medium-sized business lender working with companies in a wide range of industries. In addition to equipment loans, we can help your business with: