To be a successful retail unit and business you need to put in place some strong, ambitious but obtainable business goals. These might include things like refurbishing your store, opening a second store, extending the line of items you offer and investing in your marketing so you can become better known by your customers.
However, this can all be tough to achieve without solid retail business finance. If you are not lucky enough to have an investor, you have probably considered traditional bank loans. Business loans are becoming harder to come by in the traditional form, with many banks approving very little loan applications, and even less finance available for small businesses.
Retailers would therefore benefit from an alternative form of business finance, a fresher approach to lending which has led many retailers across the UK to successfully expand or improve their business with the finance they need.
The retailer business finance offered by United Kapital is basically a cash advance on your future earnings, an amount which could reach £150,000 depending on the company and the requirements.
The repayments are not fixed monthly amounts like traditional business loans; instead they are repaid using a fixed percentage of every credit or debit card sale made in the retail business by your customers.
This fixed amount is pre agreed and negotiated, making it a flexible and sensible way of borrowing because it is unsecured – meaning that none of your assets are at risk. This makes it ideal for clothing retailers, electronics retailers, garden centres, DIY stores and more.
The retail business finance from United Kapital has high approval rates, with 4 out of 5 qualified applications approved. Funds will be transferred swiftly into your business account (typically just two weeks). You don't have to worry about a lengthy and complex application process, either. There is a quick and easy application process which you can do today online, leaving you to focus on how you wish to spend the finance.
To give you the ultimate control over your retailer cash advance, you can easily track your outstanding balance by accessing your account online. This is available any time of the day, whenever you need it.
