Working Capital for Hardware Stores
Independent hardware stores stock thousands of small SKUs that customers expect to find in stock right away, tying up cash across a huge range of low-turnover items.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so hardware stores never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. A hardware store may carry thousands of individual SKUs, and even slow-moving items need to stay in stock because customers expect to find what they need immediately.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Seasonal categories like lawn and garden, snow removal or holiday lighting require buying well ahead of the season, while cash from that season's sales comes in later.
One approval, draw what you need, and return for additional funding as your hardware stores business performs. Contractor and trade customers often buy on account with extended payment terms, so a store can end up paying suppliers well before it collects from its own customers.
Stock lawn and garden, snow removal or holiday categories ahead of each season.
Cover supplier costs while waiting on extended payment terms from trade customers.
Expand shelving, warehouse space or delivery capacity to serve more customers.
Yes, many hardware store owners use working capital to bridge the time between paying suppliers and collecting from contractor customers on extended terms.
Yes, working capital is commonly used to buy seasonal inventory ahead of the season it sells in.
Most hardware stores qualify for funding based on their monthly revenue and time in business, with amounts generally ranging from a few thousand to a few hundred thousand dollars.
Paz funds hardware stores from $2,500 to $5,000,000. Most hardware stores qualify for $20,000 - $200,000, 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.
Hardware Stores funding, approved in as little as 24 hours