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Just need a little more capital for my retail store

    • 1 posts
    May 11, 2012 11:05 AM EDT

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    • 50 posts
    April 26, 2013 1:10 AM EDT

    The best and the easiest way to get funding to start up your retail store is to get business funding online. Yes, its true that one can easily get a start up money to fund their business. Here is one link of the site:, for your reference.

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    • 3 posts
    June 2, 2012 9:28 PM EDT

    Have you considered crowd funding? Whilst moves are being made to allow equity crowd funding, the existing form of pledge crowd funding allows start ups and small business to fund their initiatives without loans that need to be repaid or the surrender of equity in the enterprise. Have a read of this useful blog or this useful site

    • 37 posts
    October 24, 2007 6:23 AM EDT
    i`m confused as to why you need more inventory. if you`re product is truly unique - then your product will sell. then use that money to buy more inventory. i think you`ll be fine. i`ve yet to find something that is `truly` unique that meets a great unmet demand. but good luck - i wish you the best.

    No Eternal Reward Will Forgive Us Now for Wasting the Dawn.

    • 1 posts
    November 12, 2007 12:27 PM EST
    Hi Tim:
    You may want to try Fundraiser 1.0.  A major retailer needed to raise funds before their grand opening. Using this program they were able to raise $92,687 in less than 90 days. I used the program to earn enough to pay for my Online Travel Website. For more information email me at
    • 1 posts
    April 18, 2012 11:41 PM EDT

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    • 5 posts
    May 31, 2012 3:31 AM EDT

    Congrats on your business venture. Startup costs and funding can be a stumbling block. Ourselves and others we know have had good success with the recommendations at and Lots of free info that may point you in the right direction or spark some ideas.


    Good luck!


    • 72 posts
    November 1, 2007 11:28 AM EDT
    Home Equity line.  Interest is deductible.  But I am with txbassguy, what do you need more inventory for?  Pretty signs in the spaces on the shelves between your inventory until you move some of it.  Or books about what you sell....


    • 10 posts
    April 11, 2012 12:54 AM EDT

    Finding capital to start a consignment shop takes some planning and research. The processes for capital financing and commercial loans have been tightened because of the credit crunch. Small business owners can no longer expect an easy loan process.

    Ricky Mik
    All about Home Mortgage

    • 64 posts
    December 11, 2007 4:43 PM EST
    Have you tried a personal line of credit, secured, unsecured?

    Great question.  This could be the ideal venue of approach for you. 
    • 16 posts
    October 25, 2007 7:40 AM EDT

    Hey Tim

    Now a days credit cards are super easy to get even if credit isn`t great.  If you don`t need much capital you might think about it because it`s normally very quick too.  And if you plan on paying it off quickly you won`t incur those nasty finance charges.  Just a thought.


    I need $5000 to start my new business! If you need a logo designed shoot me an email. I`ll do a logo for $75.

    • 621 posts
    October 24, 2007 6:01 PM EDT
    Have you tried a personal line of credit, secured, unsecured?

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  • October 23, 2007 2:15 AM EDT
    I`m opening a retail store next month through my business after more than 2 years of marketing and building websites for other retail stores and small businesses.  I have retail space, computers, point of sale terminal, display fixtures and shelves, and some product inventory.  I need to purchase additional product inventory and have enough cash left to replenish my stock before items sell out.  Any ideas on where to go for funding within 1-2 weeks?
    Here`s what I have going for me.  I already have most of what I need for the grand opening.  My products will fill a currently unmet demand and is so unique, it is all but guaranteed to be featured on the local news.  Our goal is to be featured on the national news.  Even if that doesn`t happen, we have a series of humorous videos prepared for distribution in a large scale grass roots campaign.  I have a 15 page business plan that explains the marketing plan in greater detail.
    Here`s my problem.  Banks look at past performance more than they do a future business plan.  My tax records don`t show much business income because I was employed by someone else at the same time as I was consulting through my business.  Also my credit report shows a higher debt ratio than banks would like to see with a credit score in the mid 640`s.  I am currently wading through paperwork for a couple of banks but I`m wondering if there is a better way to obtain short term financing.  The overhead is cheap.  We expect a profit by the end of December.  Should I try to explain this to banks or should I seek funding elsewhere?
    • 2 posts
    November 6, 2007 3:09 AM EST
    Ok, I was a little too vague in my initial post.  It`s not so much the product that`s unique as it is the concept of the store.  We will be selling toys that are not bound with twist ties and rubber bands inside plastic packaging that scissors can hardly get through.  On top of that, most toys are painted with vegetable dyes and all are tested in store for unsafe levels of lead paint.  Toys are not a unique item, but unfortunately toys with easy to open packaging with no lead paint are becoming rare.  We will be the first store to specialize in this way.
    Our current inventory is quite low and we don`t have anywhere near the selection we should have.  Toy stores need to be fully stocked in November and December for holiday sales which is why I asked about finding a good source of short (or long) term funding.  Can I use a cosigner with an 800 credit score to improve my chances of getting a loan?
    • 13 posts
    April 17, 2012 9:06 AM EDT

    As others have mentioned, it might be worth considering a credit card if you don't need a huge amount of capital. Then, as your business grows and your credit improves, you can try for a loan or other financing options...

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