Nothing is sweeter than finding the right commercial loan for your business. The only problem, it seems, is that there are literally hundreds and thousands of options available when searching for a Sweet Shop Business Loan (you see what I did there?).
Funding your sweet shop business
You may have already tried your bank manager and found that the options didn’t quite weigh up for you. The problem with many banks now is that they have very tight set criteria and very select underwriting rules. There is an enormous amount of administrative paperwork even in the application stages, so it is understandable that many businesses seeking finance can who go through this process often have a sour taste left in their mouth.
Well, the great news is you have now ventured into the sweet world of alternative finance where you can pick ‘n mix the right deal for you. We offer a product unlike any other in the commercial finance space. It’s called a merchant cash advance, and it works by advancing you a loan based on your credit and debit card transactions.
It also allows you to repay the advance only when your sweet shop business makes sales. A percentage of each future card transaction is agreed. When you sell an order of Strawberry Bon Bons, Sherbet Fountains, Rhubarb Custards, and Pear Drops, a portion of that sale will automatically go towards paying off the advance.
The sweet part about the way it works is that it works in line with your cash flow. If sales of sweets are down for the month for whatever reason, then you’ll be paying back less. Unlike traditional forms of commercial finance, where a set amount is required each month by the bank as a repayment on the loan.
There is no long-winded paperwork, no fees or hidden charges, no APR or anything like that, just a simple old fashioned unsecured loan delivered with modern technology through your merchant gateway.
So if you would like to make an application for a quick no-obligation quote, we’d be delighted to be part of the mix!