Retail Business Loans
Financing options with low interest rates for retail establishments and e-commerce platforms
- Up to $5M funded within 24 to 48 hours
- Lowest APRs starting at 6%
- Transparent and flexible payment terms
- No prepayment penaltiesUp to 2-year loan term
- Get approved regardless of credit score
Won’t impact your credit
Rated
on Trustpilot
Easy funding process
Retail loan advisors
Your dedicated Configure Capital advisor will do all the paperwork and get you funded the same day.
Best Business Loans for Retailers
Managing inventory and seasonal trends is crucial for local retailers, requiring sufficient working capital. Configure Capital helps by providing financing to cover cash flow gaps, hire staff, buy inventory, and grow businesses.
Our network of 75+ lenders offers competitive rates regardless of credit history. We simplify the funding process for retail businesses, making it transparent and efficient.
Benefits of Retail Loans
Bridge Gaps in Seasonal Trends
Better manage cash flow during seasonal demands with a working capital loan. Have access to funds when you need them the most to bridge demand gaps.
Purchase More Inventory
During periods of high demand, it is essential to maintain additional inventory in order to optimize sales potential. Financial support from Configure Capital facilitates this process effectively.
Open New Locations
With retail financing, you can lease or buy a great location for your store. You shouldn’t have to compromise on a location due to costs. We’ve got you covered!
Pay for Store Improvements
How your retail location looks can affect your sales numbers and help drive new business. Renovate an existing location to attract more customers.
Lowest Interest Rates
Our network of 75+ lenders competes to offer you the best APRs in the lending industry. Interest rates start as low as 7% for short-term loans.
Flexible Payment Terms
Meet your Configure Capital advisors
We make sure you’re getting the best fast business loan, and set your company up for success. See how it works →
Minimum Requirements
To secure a business loan for your retail store or e-commerce shop, here’s what you need. Your Configure Capital advisor will guide you through everything when you apply.
$10,000 in gross monthly sales
Your business must be earning more than $10K in average monthly revenue. That’s the minimum gross sales volume you need to qualify.
500+ credit score
Get approved with any credit score, even if it’s less-than-stellar. But keep in mind that lenders provide better interest rates if you have a good credit rating.
6+ months in business
Your store should be operational for at least six months. This shows lenders that your retail business will be able to make payments on the funding.
Have a business bank account
Your Configure Capital advisor will need four months of your most recent bank statements to verify gross monthly sales.
Small Businesses ❤️ Configure Capital
Configure Capital helped me stock up on inventory
Shantanu
The loan from Configure Capital got me through holiday season
B.M
Got funding from Configure Capital to launch website
Gemini
Top 5 Financing Options for Retail Business Owners
Owning a business in the retail market comes with cash flow challenges that can affect your growth strategy. Having easy access to working capital is key to maximizing your growth potential.
1. Business Line of Credit for Retailers
If your market segment has seasonal trends that create gaps in cash flow, a business line of credit is usually the best funding option. With a business line of credit, you get approved by a lender for a fixed amount of credit (similar to a credit card).
The biggest advantage of having a credit line is that you only pay interest on funds you withdraw. It’s a good hybrid between a traditional term loan and a business credit card.
Best suited for:
Retail businesses that need money for occasional expenses like renovations, stocking up on inventory, and hiring short-term staff to handle seasonal demand.
Line of credit at a glance:
- Interest rates starting as low as 7% on Configure Capital’s marketplace
- On-demand working capital anytime you need it
- Funding within 24 to 48 hours with minimal paperwork
- Only pay interest on funds used, with no fixed costs
- No prepayment penalties
- Improves your personal credit score
2. Short-Term Loans for Retailers
When you’re in a crunch to meet payroll or pay for unanticipated expenses, term loans are the fastest funding option. Since unsecured term loans require no collateral, you can quickly get money in your bank account with minimal paperwork.
A key advantage of short-term loans is that most retailers can get approved — even with bad credit. The speed at which term loan applications get approved makes it the preferred choice for small business owners needing to meet urgent demands.
Best suited for:
Retail businesses that need flexible financing with payment terms tailored to their cash flow. Term lengths range between six months and two years.
Short term loans at a glance:
- Fast approval and funding
- No collateral needed
- Six- to 24-month term length
- APRs starting at 7% on Configure Capital marketplace
- Interest paid on the principal loan amount is tax-deductible
3. Equipment Financing for Retailers
Equipment purchases can range from a computer and point-of-sale (POS) software to restaurant kitchen appliances. An equipment financing loan can pay for 100% of the cost upfront and break the expenses down into manageable monthly payments.
The core benefit is the ability to borrow up to 100% value of the equipment, which makes investing in new equipment possible with minimal paperwork. Since the equipment you’re buying serves as collateral, you can get approved even with bad credit.
Best suited for:
Purchasing equipment needed for your business, regardless of your personal credit score.
Equipment loans at a glance:
- Finance up to 100% of equipment costs
- APRs as low as 7% on Configure Capital marketplace
- Fast approval and funding within one to two days
- Simple, monthly payment terms
- Low documentation requirements
4. Inventory Financing for Retailers
Inventory is the lifeline of every retailer. Whether you’re a bar owner needing to stock up on wines or an electronics store scaling up inventory for the holiday season, having adequate inventory to meet customer demands is essential for business success.
Similar to an equipment loan, inventory financing is a self-secured funding option that allows you to buy goods without the need for extra collateral. Alternative lenders are usually the best option, as traditional banks and credit unions typically only approve large, established wholesalers and retailers. Configure Capital lending marketplace makes the process easy.
Best suited for:
Product-based business owners looking to supplement inventory before a seasonal sales spike.
Inventory financing at a glance:
- No collateral needed; inventory acts as collateral
- Low credit score requirements
- Funded within 24 to 48 hours
- Monthly payment terms
- APRs starting as low as 7%
5. SBA 7(a) Loans for Retailers
SBA loans are the best option if you have patience, good credit, a business plan, consistent annual revenue, and an established business history to qualify. The U.S. Small Business Administration (SBA) backs up to 85% of your loan amount through its approved lending institutions. The downside to SBA 7(a) loans is the strict financial requirements and lengthy paperwork needed.
Best suited for:
Retailers with an excellent credit score, established time in business, and no urgent need for funding.
SBA 7(a) loans at a glance:
- Excellent credit score needed
- Partially backed by the SBA
- Interest rates as low as 5.75%
- Long repayment term lengths
- Low down payments
Types of Retail Business Loans
Whether you’re a physical shop or an online store, we have the perfect funding options for you. Let our dedicated advisors guide you to the best solution for your retail challenges.
You deserve low rates and an honest retail lender who has your back.
From our humble beginnings in 2018, we remain committed to helping American businesses achieve success. We keep retail funding simple, convenient and transparent. Read our manifesto →
FAQ: Business Loans for Local Retailers and E-Commerce
Stocking up on your inventory or ramping up marketing often requires access to quick capital. Get clarity with answers to top questions about business loans from other store owners.
What loan is a good fit for my business?
There is no one-size-fits-all solution. Determining which funding type is the best for you depends on your business goals and circumstances. Common loan options include:
- Business line of credit
- Term loan
- Equipment financing
- Merchant cash advance (MCA)
- SBA funding
- Inventory factoring
Whether collateral is needed depends on whether the loan is secured or unsecured. Many options available don’t require any security or personal guarantee. Some funding types, like equipment financing, allow you to use the equipment as collateral. You don’t have to put up other professional or personal assets.
How does a retail business loan work?
How do I get a retail loan?
What is the difference between a personal loan and a retail business loan?
Types of retailers we fund
Configure Capital provides same-day loans to any business located in the United States. Here’s just a few of them:
- Hair salons
- Barber Shop
- Nail salons
- Jewelry stores
- Florists
- Furniture stores
- E-commerce
- Liquor stores
- Department stores
- Discount stores
Apply for a short-term loan
Get instant funding when you apply online. APRs starting at just 6%. Flexible repayment options are available for 550+ credit scores.
