Working Capital for Thrift & Consignment Stores
Thrift and consignment stores turn secondhand goods into revenue, but still carry real costs in processing, presenting and moving inventory whose volume is not always predictable.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so thrift & consignment stores never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Consignment stores often pay the original owner a share of the sale price only after an item sells, but staff time, cleaning and pricing costs are spent on every item whether it sells or not.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Donated or consigned inventory volume can swing widely month to month, making it hard to plan cash flow around a steady restocking schedule.
One approval, draw what you need, and return for additional funding as your thrift & consignment stores business performs. Store space and fixtures need frequent refreshing to keep a secondhand shop feeling curated rather than cluttered, which competes for cash with day-to-day operating costs.
Update racks, shelving and layout to keep the shop feeling curated and inviting.
Invest in equipment that speeds up intake, cleaning and pricing of secondhand goods.
Fund local marketing or a second location to reach more sellers and shoppers.
Yes, Paz looks at your store's monthly revenue rather than how you source inventory, so consignment and thrift models qualify the same as any other retailer.
Yes, working capital can be used for any business need, including new fixtures, signage or a store layout refresh.
No, approval is based on your overall monthly revenue trend, so month-to-month swings in incoming inventory do not work against you.
Paz funds thrift & consignment stores from $2,500 to $5,000,000. Most thrift & consignment stores qualify for $10,000 - $75,000, 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.
Thrift & Consignment Stores funding, approved in as little as 24 hours