Retail on North Broadway has changed shape over the years. Whether you run a corner shop or a larger store, the cash question is the same: stock is paid for before it is sold.
Apply Now →North Broadway runs through the center of Nassau County and grew into a significant retail center for Hicksville, a hamlet of 43,869 people in the 2020 census. It once held the Mid-Island Shopping Plaza, now called Broadway Mall, and a large Sears department store and auto center that closed in 2018. Large anchors come and go; small stores sit in the space between them.
Hicksville also has a notable concentration of South Asian grocery stores and clothing shops. Independent specialty retailers like these often buy stock in bulk ahead of festival and wedding seasons, which puts a lot of cash into inventory weeks before the customer arrives.
Funding sits between steps one and three. The longer your sell-through, the wider that gap.
Buys large lots in one shipment. The gap is the shipment itself.
Seasons change before the last season has fully sold. The gap is the markdown period.
Small orders, constant. The gap is a repair or a lease renewal, not stock.
Retailers selling taxable goods in New York must hold a Certificate of Authority from the state tax department, registered at least 20 days before the first taxable sale. There is no fee. It is worth knowing before you place a first opening order, because a stock purchase made while you wait still has to be paid for.
Funding runs from $25,000 to $5,000,000 and can arrive in as little as 24 hours. We look at about three months of business bank statements, not tax returns. The application is five minutes with a soft credit pull, FICO 500 and above is considered, and sole proprietors can apply. Many retailers start with working capital; others compare a business line of credit for ongoing restocking. Our Hicksville restaurant page covers a neighboring trade whose cash cycle runs in the opposite direction.
Pick the amount that closes the gap and no more, then start the application. For the wider area, see Hicksville and Nassau County.
We look at deposits and bank history rather than location. Strip-mall stores and street-front stores both show their cycle in the statements.
Yes, that is a common use of working capital. Plan the repayment around the weeks in which the stock actually sells.
No. Sole proprietors can apply, and we do not ask for tax returns, only bank statements.
Foot traffic can shift. Showing the last three months of statements gives a clear picture of how your own deposits have actually held.
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
