We have something in common: You are in construction and we are in the business of building… your business, that is. But we understand that there are many industry-specific challenges facing the unpredictable nature of the Building and Hardware industry, making this a vertical that will greatly benefit from quick access to working capital. During busy times your Building and Hardware store can benefit from an increase in cash-on-hand for supplier purchases, and in quieter times the flexible repayments of the advance will take the pressure off your cash flow. Traditional lenders often take weeks to decide if you are qualified for a business loan, this is where we step in and provide you with smart financing solutions. With our bespoke cash advances, you will have retail funding readily available to cover those last-minute projects.
Opportunities to grow your business, with a Merchant Capital Cash Advance
Promotional Activity: Suppliers should consider running promotions when the merchant is buying direct. These campaigns can provide unexpected cash flow but often require quick cash for roll out. Our business cash loans were created to facilitate these kinds of opportunities.
Increase merchandise: Building and Hardware stores can buy extra stock before annual increases – this will allow preemptive saving and safeguard future turnover.
Additional resources: Having enough delivery vehicles to fulfill as many orders as possible can boost sales. Use your merchant cash advance to mature your fleet and better your service.
Building and hardware stores are fairly seasonal: Often busier during dryer months when construction is uninterrupted but then quieter during over the December period when most contractors close. The flexible repayment terms of the Merchant Capital Cash Advance will provide welcomed flexibility in times affected by this kind of seasonality.
How hard is it to get building and hardware store financing? If you're a business owner who's looking for a cash advance on your building or hardware store, you've probably found that banks and other traditional lenders won't work with you. We understand your frustration with the banking system, and we can help.
Merchant Capital provides cash advances for building and hardware stores. Our experienced underwriting team will perform a thorough analysis of your operation to determine if you qualify for funding. We offer fast approvals and low rates. Contact Merchant Capital today to learn more about our services!