Jewelry Business Loans

jewelry merchant loans

GET FUNDING FAST FOR:

  • Licences, Permits, Insurance
  • Jewelry Store Space Rental Costs
  • Jewelry Display Showcases
  • Jewelry Organizers
  • Jewelry Trays, Easels, Additional Displays
  • Velvet Bags, Boxes, Pouches
  • Rotating Displays / Locked Displays
  • And More..

NEED ANSWERS FIRST? COMMON JEWELRY BUSINESS LOAN FAQ:

Answer: Alternative Financing is simply an option for business when a traditional funding isn’t available. Merchant loans and merchant cash advances for business growth when used properly can take a business to the next level.

Answer: These merchant cash advances are not loans—rather, they are a sale of a portion of future credit and/or debit card sales. Therefore, merchant cash advance are not bound by provincial or state laws.

Answer: Almost Any purpose. Examples of ways that business owners have successfully invested their merchant cash advance money include:

  • Acquisitions
  • Advertising
  • Bridging Capital
  • Buying Out a Partner
  • Consolidate
  • Emergency Situations
  • Equipment Repair
  • Hiring Employees
  • Managing Expenses
  • Opening a New Location
  • Purchase Equipment
  • Purchase Inventory
  • Renovations
  • Store Expansion
  • Store Renovations
  • Tax Arrears or Payment
  • Unexpected Expenses
  • Working Capital

Answer: Within 24 – 48 upon receipt of required documentation and signature.

Answer: Credit plays a small role. Decisions are based primarily on business cash flow and no collateral is needed.

Answer: The repayment is automated by either a fixed daily ACH or an agreed upon percentage of your daily or weekly credit card transactions; also referred to as a Holdback or Retrieval Rate.

Answer: Yes. Your current advance will be paid out from the proceeds to consolidate into a single payment. We do have 2nd MCA loan advances available for US based business only.

Answer: Merchant cash advances come with what is called a “factor rate.” Generally, this will be between 1.2 and 1.4. The lower the risk profile, the closer to 1.2 a factor rate will be. The higher the risk, the more likely it is to spiral up toward 1.4.

Answer: Well, you multiply your advance amount by that number to see what you’ll be paying back over time. So if you take out a $75,000 merchant cash advance and you have a risk profile that is on the low end, you could get that 1.2 factor rate. So $75,000 X 1.2 = $90,000. That means that you’ll get $75,000 within a few business days, and over the repayment term, you’ll be paying back a total of $90,000.

Answer: The maximum advance is dependent on business cash flow, and location (Canada vs. USA). The minimum advance is $5000, and max advance is up to $2M, and up to $3M on exception. Advance max is dependent on funding partner.

➤ Loans are unsecured! No collateral required.
➤ The application process is easy
➤ The cash is available quickly
➤ Collection payments are based on your revenue
➤ Pay as you succeed)
➤ High Approval Rates

Answer:

 Automotive
 Beauty Shops
 Bookstores
 Car Washes
 Clothing Stores
 Construction
 Day Spas
 Dental Practices
 Entertainment
 Fast Food
 Florist Shops
 Franchises
 Gift Shops
 Liquor Stores
 Manufacturing Companies
 Medical Practices
 Veterinary Practices
 Hair & Nail Salons
 Pet Stores
 Restaurants
 Retails Businesses / Outlets
 Seasonal Businesses
 Self-Storage
 Sporting Goods
 Long Distance Trucking Businesses
 Hotels & Motels
 Dry Cleaning & Laundry Services
 Optical Centers, Glasses & Contacts
 Day Cares & Nurseries
And much more…

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