Working Capital for Ethnic & Specialty Grocery Markets
Ethnic and specialty grocery markets import and stock harder-to-find ingredients that larger chain grocers do not carry, often requiring bulk purchasing and longer supplier lead times. Working capital helps owners import inventory, expand shelf space or open an additional location to serve their community.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so ethnic & specialty grocery markets never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Specialty and imported goods often require larger minimum orders and longer lead times than a mainstream grocery supplier, tying up cash further in advance.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Shipping, customs and import costs on specialty ingredients add expenses that a typical domestic grocery store never has to budget for.
One approval, draw what you need, and return for additional funding as your ethnic & specialty grocery markets business performs. Competing against larger chain grocers on price while carrying a narrower, specialty customer base keeps margins tight even during busy periods.
Purchase specialty and imported goods in the bulk quantities suppliers require.
Add shelf space, refrigeration or open a second location.
Maintain refrigeration and prepared food equipment that stocks perishable specialty goods.
Yes, there is no restriction on use, so specialty grocers commonly apply working capital toward the larger bulk orders and longer lead times that imported goods require. Funds can arrive as soon as the next business day after approval.
Yes, qualification is based on at least six months in business and $10,000 or more in monthly revenue, not store size or chain affiliation. Family-owned specialty markets qualify the same way larger grocers do.
Yes, working capital can go toward buildout, opening inventory and signage for an additional location. Funding is based on your existing store's revenue history.
Paz funds ethnic & specialty grocery markets from $2,500 to $5,000,000. Most ethnic & specialty grocery markets qualify for $15,000 - $125,000, 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.
Ethnic & Specialty Grocery Markets funding, approved in as little as 24 hours