At Business Loans, we specialise in helping established retailers find the best retail business loans in South Africa.
We offer a fast turnaround, sometimes as little as one working day, and easy access with online applications.
Our terms are competitive, and we only work with trusted credit providers.
How we find the best retail funding offers
At Business Loans, we have an established network of trusted, accredited funders that offer different types of business loans.
This network doesn’t just include the big banks. We work with niche banks, business development agencies and private lenders.
As a loan facilitator, we source the best funding options for your needs. This ensures you don’t end up paying unnecessary fees or borrowing more than you can repay.
How much we lend
We can offer funding from R50,000 up to R6 million on a short-term basis. Short term is generally about six months.
How retailers can benefit from short-term funding
Businesses often use short-term funding to cover a temporary gap in cash flow, pay an unexpected bill or take advantage of a never-to-be-repeated opportunity.
Examples of how retailers can benefit from short-term funding include:
- paying suppliers on time to maintain a good relationship
- expanding or improving storage capacity to improve output
- buying new or sale equipment
- investing in software that improves workflows and customer satisfaction
- maintaining or adding to a fleet of business vehicles to expand service delivery
- covering operational costs during slower periods.
Types of retail funding
Retail is a large business sector with many opportunities for business growth with the right funding options. These are some of the types of retail funding that we offer.
Loans for clothing stores
Clothing stores must have a constantly evolving inventory to meet the demands of the latest fashion trends.
This means clothing store owners must buy new inventory for each season. This inventory has to arrive before the season starts, otherwise they will be behind their competitors.
A retail business loan can cover the costs of new inventory and the loan repaid as soon as the season starts and the inventory is sold.
Funding for food and grocery retailers
Food and grocery retailers have a very fast turnover of goods. They can’t afford gaps on their shelves when loyal customers expect to get what they need.
Fridges, freezers and cold storage have to be kept in good condition. There must be sufficient to avoid spoilage.
A business loan can help keep the shelves full and necessary equipment running well. Fast turnover means good cash flow, so short-term loans are low risk.
Loans for electronics retailers
Business can be slow for electronics retailers, who face a lot of competition from large e-commerce stores.
It’s not uncommon for electronic sales to take a serious dip when the economy is weak and people have limited disposable income.
On the other hand, electronic stores must keep stock of the latest technologies, which can be costly.
A business loan can help bridge gaps in cash flow and keep the business going during slow periods.
Funding for home décor retailers
Home décor is an area of retail that experiences serious dips, especially out of season. Many home décor shops rely heavily on Christmas shopping to make their annual profit.
Home décor stores that import their goods can be affected by global upheaval and changes in import taxes.
A business loan for home décor retailers is a reasonable way to cover the slow season until sales pick up.
Funding for health and beauty retailers
Health and beauty is a rapidly evolving sector with online influencers affecting the latest must-have products and treatments on a daily basis.
Health and beauty retailers need the financial freedom to stock the newest products or offer the latest treatments.
A short-term loan is an easy way for health and beauty retailers to expand their offerings and grow their business.
Finance for online retailers
E-commerce is a fast-growing sector in South Africa. Most shoppers expect to be able to buy everything they need online.
Online retailers can’t afford to have low stock, an out-of-date website or problems with packaging or shipping.
Unexpected problems do happen. An online retailer might find itself without a working website or without the funds to ship an international order.
Short-term loans don’t put a business into endless, inescapable debt. They’re a quick and easy way to bridge temporary gaps in cash flow and fund the growing needs of a retail business.
Advantages of retail funding through Business Loans
We are an independent loan facilitator with a well-established network of trusted funders. We can offer fast funding to all areas of the retail sector within 24 hours.
Our aim is to take the work out of sourcing funding so you can focus on helping your business grow and thrive.
We don’t charge our clients for our services. The cost is covered by the loan providers we work with. This means we find the best possible funding solution for your needs without extra costs.
Get affordable, effective funding for your retail business with Business Loans. For more information on the best retail business loans in South Africa, visit our FAQ page or apply online now.
