Business Loans for Convenience Stores, Markets & Delis

When you picture yourself behind the counter — your counter — or stocking shelves at a convenience store, market or deli, you’re picturing the American Dream. However, the reality for business owners today can be less idyllic. Competing with larger supermarkets and corporate chain establishments on prices can affect your bottom line and how you want to do business. This is all compounded by the difficulty of finding the competent help that will adequately represent the business you’ve worked so hard to build.

Those convenience stores, markets, and delis that succeed and stand the test of time are more than local businesses; they are local institutions and the men and women that own them become important figures in the community.

What it takes to win customers

Differentiating your convenience store, market or deli can be difficult and costly but is essential in an environment where consumers have an abundance of choice. With the exception of specialty providers, most convenience stores, markets, and delis — almost by definition — carry largely the same selection of goods and food items. Owners of these types of businesses must keep their shelves reliably stocked with the variety of good consumers demand, train and retain quality staff who will provide superior customer service, maintain clean and welcoming store locations, and invest in targeted marketing in order to keep up with the competition.

Access to Funding

Replacing inventory, purchasing and repairing expensive equipment — e.g. for food storage and/or preparation — or remodeling a location can require large amounts of funds that business owners might not have on hand. The specific requirements of convenience stores, markets and delis require specific knowledge and resources. To that end, the intelligent business owner appreciates the need for consistent, reliable funds, and how important it is to have a professional financing partnership.

Our customers typically move their business forward by borrowing funds for the below purposes:

• Remodeling
• Expanding current space
• Opening additional location
• Marketing and Advertising
• Adding employees
• Buying inventory
• Working Capital