Liquor stores can prosper in just about any type of environment. However, just like any other business, owners run into cash flow challenges. Liquor store owners require financing to help them grow or solve immediate problems. The success in running a liquor store hinges on the ability to obtain and maintain a liquor license. The whole process of acquiring a liquor license requires a large amount of upfront capital and depending on the state your business is located in you may also be on the hook for annual renewal fees just to keep the licence. Many liquor store owners find they need funding or they may get stuck with operating expenses they can't afford.
Liquor stores can survive and flourish in a good or bad economy but they are still considered a high-risk business by bank lenders. Liquor store owners have to find the ideal location to run their business due to zoning restriction laws that dictate where liquor stores can operate. Once a store owner finds the ideal location, they still have to look for business funding to stock inventory, market their services and offerings, and pay for day to day operating expenses.
Pro Funding Source has multiple products to help liquor store owners keep their business running and the shelves stocked. Invoice financing and business credit lines are often attractive funding options for business owners that operate in a high-risk industry that banks are not as likely to provide funding for.
Pro Funding Source Offers Stellar Funding Solutions For Liquor Stores
At Pro Funding Source, we understand that liquor stores, like any small business, have basic needs for extra cash.
Liquor store owners need capital to cover the added cost of heightened security and cover tangible, time-sensitive purchases.
We offer liquor store owners a merchant cash advance which lets owners decide the best way to spend their funding.
What Can You Use Extra Business Funds For?
- Making payroll
- Upgrading security systems including cameras and plate glass windows
- Paying for a seasonal advertising or a website redesign
- Purchasing storage and display equipment
- Stocking your inventory
- … and more!
Why Choose Pro Funding Source LLC For Liquor Stores Financing?
At Pro Funding Source, we offer merchant cash advance to liquor store owners to help them fund whatever projects they have to enable expand their businesses. The merchant cash advance is more flexible and designed to work with your natural cash flow unlike a bank loan’s fixed monthly payments. This type of funding allows you to pay back a percentage of sales depending on how you sell.
Our application process for a liquor store cash advance is light on paperwork and simple. We focus more on the stability and strength of your business more than your credit history. This gives you a higher chance of fast approval. In the past, we have worked closely with a lot of liquor store owners which gives us a thorough understanding of the industry. If you are interested in our program and you own a liquor store, speak to one of our customer care representatives to learn more about small business capital.