Quick answer: Retail stores most often use a line of credit to buy inventory ahead of busy seasons, a term loan for remodels, new fixtures or a second location, and an SBA loan for buying a building or an existing store. Established retailers with steady card deposits can often be funded the same day by a non-bank lender.
Why retail stores need financing
Retailers have to buy inventory weeks or months before it sells, especially before the holidays and back-to-school season. Rent, staff and marketing are due all year, and a remodel or new location requires cash up front.
Common uses for retail financing
- Holiday and seasonal inventory
- Store remodels, fixtures and signage
- Opening a second location
- Point-of-sale and inventory systems
- Hiring seasonal staff
- Marketing and local advertising
Financing options for retail stores compared
| Option | Best for | Speed |
|---|---|---|
| Line of credit | Seasonal inventory and cash-flow gaps | 1–3 days |
| Term loan | Remodels, fixtures, new locations | Same day to 2 days |
| Equipment financing | POS systems, coolers, shelving | A few days |
| SBA loan | Buying a building or a store | Several weeks |
What lenders look at for retail stores
Lenders look at your monthly card and cash deposits, seasonality, existing debt and time in business. Strong holiday sales history helps show you can repay seasonal inventory financing.
What you need to qualify with Brookestone Funding
- 2+ years in business
- $30,000+ in monthly revenue
- 600+ credit score
- Recent business bank statements
Qualified retail stores can borrow $10,000 to $2,000,000 with terms up to 36 months and rates starting at 8%. Complete applications submitted early in the day can be funded the same day.
Tips before you apply
- Apply before the busy season, not during it.
- Know your inventory turnover and gross margin.
- Have bank statements that include last year’s peak season if possible.
- Compare offers on the total amount you’ll repay, not just the rate, and size the payment to your slowest month.
Related Guides
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- Same-Day Business Loans: How They Work and How to Get Funded Today
- Can You Get a Business Loan With a 600 Credit Score? Yes — Here’s How
- Business Loan Documents Checklist: What You Need to Apply
Frequently Asked Questions
Can a retail store get a business loan with a 600 credit score?
Yes. Brookestone Funding works with retail stores that have a 600+ credit score, 2+ years in business and $30,000+ in monthly revenue.
How fast can a retail store get funded?
Qualified retail stores can often be funded the same day with a business term loan, or within 1–3 days with a line of credit, once the application and recent bank statements are complete.
What is the best loan for retail inventory?
A business line of credit is usually best, because you can draw to buy inventory before the busy season and repay as it sells.
Can a retail store get a loan to open a second location?
Yes. Established stores with steady revenue often use a term loan or SBA loan to open another location.
Ready to see what your retail store qualifies for? Brookestone Funding offers business term loans, lines of credit and SBA loans from $10,000 to $2,000,000, with same-day funding available for qualified businesses. Apply in minutes, see our business loan options, or call 212-258-0602.
