Shoe Stores Funding
Working Capital for Shoe Stores
Shoe stores carry deep size and width runs across multiple styles, which means paying for far more inventory than what is ever on display at one time.
Working Capital for Shoe Stores
Shoe stores carry deep size and width runs across multiple styles, which means paying for far more inventory than what is ever on display at one time.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so shoe stores never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Carrying a full size and width run of every style means a shoe store often holds far more inventory value in the stockroom than what is out on the sales floor.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Back-to-school and holiday buying seasons require placing large vendor orders months in advance, well before that season's cash comes in.
One approval, draw what you need, and return for additional funding as your shoe stores business performs. Discontinued styles and broken size runs tie up cash in clearance stock that can sit for months before it finally sells.
Buy full size and width runs of new styles before peak selling seasons.
Open a second location or expand floor space to carry more brands.
Upgrade point-of-sale and fitting tools to speed up checkout and service.
Yes, many shoe store owners use working capital to place larger vendor orders ahead of back-to-school and holiday demand, then repay as sales come in.
Yes, Paz funds shoe retailers regardless of whether sales come through a storefront, a website or both, as long as the business meets the revenue and time-in-business requirements.
Approval can happen in as little as 24 hours, with funds available as soon as the next business day, which is often fast enough to catch a vendor's early order discount.
Paz funds shoe stores from $2,500 to $5,000,000. Most shoe stores qualify for $15,000 - $150,000, based on monthly revenue and time in business rather than collateral.
A US business that has operated for at least six months with $10,000 or more in monthly revenue, your last three months of bank statements and your EIN. The application takes about five minutes, and there is no hard credit pull to get pre-qualified.
Shoe Stores funding, approved in as little as 24 hours