The bridal wear industry has been a strong one for years. It doesn’t show any signs of slowing down. Owning a bridal shop can be a very lucrative business venture. The average wedding cost and wedding dress spending has increased in recent years. For this reason, more small business owners are opening bridal shops. Although there may be a lot of bridal shops in the industry, there are also many options for bridal shop business loans.
Bridal Shop Financing
You may have applied for a loan through a bank or credit union and were already turned down. They desire to extend retail loans to companies that are thriving and have miles of red-tape and requirements before offering an approval. For example, banks and credit unions have a lot of requirements for a business to receive a loan. Most require a minimum of 3 years in business and a FICO score of at least 750. In addition, it can take a lot longer to receive financing. What about the retailer who may have had some setbacks but still run a successful company?
The SBF Difference
Small Business Funding can help with bridal shop business loans. We have programs specifically geared towards retailers. Programs include lower rates, more attractive terms, and larger loan amounts. We help connect you with a lender that is truly concentrated on your business needs. Our network of lenders will compete to provide you the best possible loan product. We will sort them and present them to you. You have a business to run – let us do the heavy-lifting. Whether it is a business cash advance, with only a small set percentage of your daily revenues being owed, or an unsecured small business loan, we have the solution. There is no collateral required and you don’t need perfect credit. In fact, many of our programs don’t require any credit at all. Call today or apply now!