Retail business loans: questions and answers

All questions

What is the best business loan for a retail business?

It depends on what you're funding: a short-term loan or stock finance for seasonal stock, a merchant cash advance for card-heavy shops, or asset finance for fit-outs. Tally, which runs this site, can match you.

Can I get a business loan for a new shop?

It's harder without trading history. Asset finance for equipment, or a Start Up Loan for younger businesses, may be options.

Are merchant cash advances expensive?

They can be. Convert the factor rate into a total cost and compare it with a loan.

Can online retailers get business loans?

Yes. Revenue-based finance and stock finance are common. Lenders look at your platform sales data.

How quickly can a retailer get funding?

Merchant cash advances and online loans can fund within days. See Best Fast Business Loans.