Saturday, July 11, 2015

Used Bookstore business bank statement loans. Great for expansion.

If you own a used bookstore you offer a great way for individuals to find great books to read at a discounted price. Used bookstores offer a valuable service to help you increase the size of your home library on a fixed budget.
 
Used bookstores need a large inventory of used books on hand to allow you to have a large amount of reading choices for your patrons. 

Used bookstores sometimes run into budget and cash flow issues and sometimes need additional funds to operate.  Many used bookstores need cash flow in order to pay to purchase books from previous owners.

One of the best ways to get through a slow period and cash flow issues is to bring in as much business throughout the year is to obtain a bank statement loan. 

This way when business is slow it will help to keep down stress levels.

First you will need to bring in additional cash flow to help expand the size of the location you currently operate in.

As used bookstore you are constantly watching your cash flow and making sure you are meeting overhead costs.  It is wise to start with a budget based on expenses and capital growth.  This is determined by the amount of cash that is actually coming in through book sales.

At Small Business Loans Depot we offer many programs that include bank statement loan and working capital loan programs for your used bookstore.

Ideally we work with businesses that have been established at least 4 months with at least 3 months of verifiable revenue.

You will  receive the working capital through our bank statement loan programs very quickly and the funds may be used for any purpose.  

The idea is to make your business profitable.  You need to have cash flow on hand for your business so you can continue to operate.  Please visit Small Business Loans Depot as a client to receive additional cash flow loans in the future. 
Contact us at 919-771-4177.

Ed Rogers is interested in working with you and  can assist to find what programs work best for you.  
We will discuss your time in business and based on how much working capital you are looking to bring in through our alternative loan programs and bank statement loans


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