Grocery and Convenience Stores Funding
High card volume makes grocery and convenience stores natural candidates for MCAs. Common uses include inventory, equipment, and store renovation.
Best Funding Options for Grocery and Convenience Stores
Merchant Cash Advance
- Based on future revenue
- No collateral needed
- Fast approval
Equipment Financing
- Up to 100% financing
- Equipment as collateral
- Preserve cash flow
Common Funding Needs for Grocery and Convenience Stores
Inventory restocking
Refrigeration equipment
POS system upgrade
Store remodel
ATM and lottery terminal
Average advance size for Grocery and Convenience Stores: $60,000
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