Business Line of Credit for Retail & E-commerce.
Retail & E-commerce operators turn to business line of credit when inventory purchase orders and seasonal buys or amazon and shopify growth capital can't wait on a bank timeline. Summit underwrites the sector against time in business, not just two years of clean returns.
Business Line of Credit for retail & e-commerce.
Revolving capital for inventory and marketing. Draw before peaks, repay as sales convert.
For retail & e-commerce business line of credit placements, expect credit limit of $25K – $500K, apr of 10% – 30%, draw term of 6 – 24 Months. Qualification typically requires time in business 12+ Months and annual revenue $250,000+.
- ◆Inventory purchase orders and seasonal buys
- ◆Amazon and Shopify growth capital
- ◆Marketing and ad spend acceleration
- ◆Build-out for new retail locations
What to expect.
Business Line of Credit · Retail & E-commerce.
Revolving capital for inventory and marketing. Draw before peaks, repay as sales convert.
Most retail & e-commerce business line of credit placements close in 3 – 7 days. Summit's desk routes the file to the lenders most active in this sector.
Last 3 – 6 months of business bank statements. Most recent business tax return. Personal financial statement for owners (20%+).
Initial review is a soft pull. A hard inquiry only happens after you select an offer and proceed to closing.
Get business line of credit for your retail & e-commerce operation.
Indicative terms within 24 hours. No hard credit pull.
Begin Pre-Qualification →