Retail businesses have numerous financial responsibilities that can leave them with potential revenue tied up in inventory.
Capital for Retail Businesses
Retail businesses have numerous financial responsibilities that can leave them with potential revenue tied up in inventory. With retail spaces, owners must constantly juggle having enough inventory to not lose out on sales opportunities without carrying so much inventory that they can’t cover other expenses such as salaries or marketing efforts. Regardless of the scale of your retail business, these challenges will scale with you.
Denali Advance can help you secure working capital through various services designed to help your bustling retail business operate smoothly and scale exponentially.
MCA
When you need working capital quickly, a merchant cash advance (MCA) is much more effective than most other measures like small business loans due to the speed at which MCAs can be implemented. With an MCA from Denali Advance, you’ll get liquid funds quickly and can repay the advance by giving a percentage of your credit/debit transactions.
Equipment Financing
Equipment financing can help retail businesses acquire more expensive equipment that may otherwise make monthly budgets too close for comfort. Upgrading POS systems can be costly, especially if your store has multiple registers. Other backroom equipment, such as palette jacks or forklifts, are also excellent candidates for equipment financing services from Denali Advance.
Small Business Loans
Retail businesses have no shortage of potential uses for small business loans. These longer-term financing options offer lower interest rates and allow you to pay for major changes more readily. They can be used to expand your store, upgrade shelving or racks, or open a new location entirely.
About Us
Denali Advance was founded by two passionate entrepreneurs, Nate Fried and Brad Brown, who have known each other since childhood. After independently leading successful lives, they came together again to form Denali Advance.
They got the idea after noticing a need for small businesses to have faster access to funds that help their businesses grow. We strive to stand apart from other providers by offering a more personalized yet analytical approach to small business capital.
