Furniture Store Business Loans

Financing for Any Stage of Your Business

When you’re ready to expand your offerings, it may be the time to consider a furniture store small business loan. Maybe your store has gone through some cash flow issues. Or perhaps you’re just trying to grow your business. No matter where your furniture company is at right now, you can use home furnishing business loans to scale operations and make improvements.

There are plenty of hidden costs associated with running a furniture store. These retail spaces require large upfront costs to expand. In addition, business owners need to make regular operational payments that go into upkeep. Securing a furniture store business loan from a trusted lender can help you feel safe and sound with how things are going.

Out-of-the-Box Approach to Furniture Store Business Loans

Furniture store owners face mostly consistent ebbs and flows of business. With no real “busy season,” it can be tough to predict demand in this sector. But no matter the season, when you’re facing cash flow issues, you might have trouble building inventory. If items to go out of stock, customers may search elsewhere to find furniture that’s just right.

It isn’t worth it to lose out on valuable business. That’s often why store owners apply for furniture store business loans to get access to capital when they need it. Some store owners look to bank loans. But for small businesses, this kind of funding isn’t always the right solution. Banks have long, complex application processes. Plus, they’re selective in whom they offer funding to. That means after waiting weeks for furniture store business loans from a bank, you might not even secure the cash you need.

That’s why small business owners are turning to alternative lenders, like QuickBridge. When you apply for furniture store business loans from these sources, you can expect a quick, simple online application. What’s more, they offer fast turnaround rates, giving you access to working capital right when you need it. This can be crucial for furniture store owners who need to stock up on building materials and pieces last minute.

Retail Furniture Store Market Trends

In today’s market, the home furnishings sector is doing better than ever. According to IBISWorld, the furniture store industry earned a total revenue of $65 billion in 2018. This represents a 2.9% increase over a five-year period, from 2013 to 2018, and an increase of 0.9% in 2018 alone. This resource found that no single company controls a large market share. Instead, small privately-run businesses are the primary operators in this sector.

While e-commerce has grown in the retail space, many customers still prefer to visit brick-and-mortar spaces. Whether they’re trying out different couches or making sure their dining room set meets their expectations, people have not given up on meandering through stores to find what they’re looking for.

With the furniture industry market proving favorable for small businesses, now’s the right time to grow with a furniture store business loan. Whether you’re trying to get more merchandise or spread the word about your brand, you can trust QuickBridge to give you the funding you need. The right working capital going toward your store can make you feel right at home.

The Right Lender for Your Business Needs

QuickBridge has helped many furniture store owners secure financing to cover business operating expenses and growth projects. The type of furniture store business loans offered by QuickBridge, can be used to cover just about any business expense. The loan application process is fast and we’ll get you a credit decision within minutes. If your application is approved, we can fund your account in a matter of days. QuickBridge is proud to have an A rating with the Better Business Bureau and a five-star Trustpilot rating.