Corner stores run on thin, steady daily sales. An advance against those sales is a different animal from a bank loan. Here is how to judge whether it suits your store.
Apply Now →Before you look at any funding, ask what is actually short. If a vendor is waiting on payment and the register will fill the gap in ten days, you may need a bridge. If the store has been losing money every month, funding only postpones the problem.
Foot traffic is good and product moves, but a distributor wants payment before the next delivery and rent is due at the same time. The business is fine, and the issue is the calendar.
Sales are down because a competitor opened nearby, hours have shrunk or the neighborhood has changed. An advance does not repair any of that and can make the squeeze worse.
An advance is a better match for the first picture than the second.
A merchant cash advance is funding advanced against your business's future sales rather than a traditional term loan. The specific structure, including how repayment is handled, depends on the offer. Read the paperwork carefully and ask questions before you sign.
Because the advance is tied to your sales, it helps to understand your weekly and monthly deposit pattern first. A store with lottery, tobacco and grocery traffic usually has a steady base and softer spikes, which is easy to read from statements.
We fund $25,000 to $5,000,000, and funding can arrive in as little as 24 hours. A FICO score of 500 or higher is considered, we ask for about three months of business bank statements, and no tax returns are required. The application takes about 5 minutes and uses a soft credit pull. Sole proprietors can apply.
Because the store takes in sales every day, the owner usually sees the effect on weekly cash quickly. That is exactly why you should know your numbers before you commit. Check what you take in on a slow Tuesday, not just a good Saturday, and picture how any repayment arrangement in the offer would sit next to rent, payroll and vendor invoices in the same week.
If the answer is comfortable, the advance can be a short, practical bridge. If the answer is tight, say so early and consider a smaller request or a different format.
It can, provided deposits appear in your business bank account. We review about three months of statements.
We cannot give you a cost comparison without seeing real offers. Compare the written terms of each.
Funding can be as quick as 24 hours once the process is complete.
No, tax returns are not required.
Corner stores can see softer weeks in winter or around school breaks. Use your statements to size the request to your slowest stretch, not your average one.
Three months of business bank statements and a 5-minute application. FICO 500+ considered. $25,000 to $5,000,000, funded in as little as 24 hours.
Apply Now →It takes about two minutes and it will not affect your credit score.
No obligation • No impact to your credit score
