Retail and Wholesale Business Loans

If you’re an owner of a retail or wholesale business and are looking for a business loan, Elite Business Funding have a variety finance options available to assist in growing and expanding your business. Over the years, we have worked with hundreds of SME businesses in this sector offering support and guidance and so, are aware of the challenges you may face when trying to obtain the finance you require which isn’t available from the regular Highstreet banks.

Why Do Businesses Require Retail and Wholesale Business Loans?

When SME’s apply for a Retail or Wholesale Business Loan, it’s important that they seek professional support and advice to ensure they’re choosing the most beneficial option which allows for business growth and expansion.

Retail Loans

Small, medium or large, at Elite Business Funding we offer funding for organizations no matter the size. If you’re looking to secure a commercial retail property through the facilitation of a retail loan, it’s important to consider any factors which may inhibit your ability to secure this funding option:

  • Credit Score – have you been refused lending in the past?
  • Assessing the location of the commercial retail property.
  • The reasons why you’re applying for a retail loan.

Wholesale Business Loans

Wholesale loans are acquired by consumers looking to borrow money at wholesale rates. As a wholesaler, it is vital that you have sufficient funds in order to supply retailers with goods at trade prices. They are the middle ground between retailers and manufacturers and instead of retail companies going straight to the manufacturer, instead they would go to the wholesaler for better value for their money.

What Is This Type of Funding Used For?

Before applying for any type of loan, it’s important to understand the reason behind why you and your business may require this and what type of benefits it offers.

Funding used in this sector can be used for several purposes including:

  • Stock purchases and seasonal stock
  • Marketing and advertising costs or website improvements
  • Expansion and opening new sites
  • Renovating your existing premises
  • Working capital for day to day operations

Businesses in This Sector We Have Financed

Some of the businesses in this sector we have financed include:

  • Clothing and fashion
  • Health and beauty stores
  • Food and beverage outlets
  • Electronic goods and stores
  • Office supply stores
  • Furniture and home wear
  • Florists and garden centres
  • Children’s toys
  • Sporting goods
  • Jewellery stores
  • Off licences and convenience stores

Finding the Best Loan to Suit Your Businesses’ Needs

The finance you require and the outcome you’re looking for can vary which is why your dedicated relationship manager will work individually with you and your team to find the best available product to suit business needs.

When consulting with Elite Business Funding, we will ensure that we gain full understanding of your concern/query and take time to tailor the funding solution to suit you and your business. For a detailed breakdown about our Retail and Wholesale Business Loan funding options – give us a call on 0203 966 5645.

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