Working Capital for Bookstores & Gift Shops
Independent bookstores and gift shops depend heavily on the holiday and gift-giving season, which means stocking up well ahead of the busiest weeks of the year.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so bookstores & gift shops never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. A large share of annual revenue for many bookstores and gift shops arrives in the weeks around the holidays, so inventory has to be bought and paid for months earlier.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Publishers and gift vendors often require payment on delivery or within a short window, even though books and gift items can sit on shelves for months before selling.
One approval, draw what you need, and return for additional funding as your bookstores & gift shops business performs. Return policies on unsold books and seasonal gift items can tie up cash in inventory that later has to be shipped back or marked down.
Stock bestsellers, gift items and seasonal merchandise ahead of the holiday rush.
Fund author signings, book clubs and community events that drive repeat customers.
Update shelving, lighting and layout to keep browsing enjoyable.
Yes, many bookstore and gift shop owners use working capital to buy inventory ahead of the holidays, then repay as holiday sales come in.
Paz funds independent bookstores and gift shops as long as the business has operated for at least six months with $10,000 or more in monthly revenue.
Yes, working capital can be used for any business purpose, including event costs, marketing and in-store promotions.
Paz funds bookstores & gift shops from $2,500 to $5,000,000. Most bookstores & gift shops qualify for $10,000 - $100,000, based on monthly revenue and time in business rather than collateral.
A US business that has operated for at least six months with $10,000 or more in monthly revenue, your last three months of bank statements and your EIN. The application takes about five minutes, and there is no hard credit pull to get pre-qualified.
Bookstores & Gift Shops funding, approved in as little as 24 hours