Steps to Apply:
1
Quick Application:
Complete our simple online form and receive swift approvals.
2
Explore Choices:
Compare various options to find the ideal solution for your needs.
3
Personalize Your Terms:
​Choose the options that best suit your business objectives.
4
Get Funding:
Access funds within a few business days for most programs.
Tailored Business Loan Options for Liquor Stores
Tailored Business Loan Options for Liquor Stores
Liquor stores are a staple of every community, consistently serving a loyal customer base. However, maintaining a competitive edge in this industry requires significant investment in inventory, store upgrades, and marketing. Rising competition from big-box retailers and eCommerce alcohol sales has created new challenges for liquor store owners.
At MPF Merchant Pro Funding, we provide customized small business loans to help liquor stores thrive by meeting inventory demands, expanding offerings, and upgrading facilities.
In This Guide
What If I'm Declined for a Liquor Store Business Loan?
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What Are Business Loans for
Liquor Stores
Business loans for liquor stores are specifically designed to address the unique challenges of this industry. These loans can help you:
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Stock a wide variety of inventory to meet customer preferences.
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Expand your offerings to include craft beers, rare wines, or high-end spirits.
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Upgrade store interiors, refrigeration systems, or point-of-sale (POS) technology.
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Launch local advertising campaigns to attract new customers.
How Do Business Loans for
Liquor Stores Work?
Liquor store business loans come in various forms, including:
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Merchant Cash Advances: Repay based on daily debit/credit card sales
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Working Capital Loans: Cover recurring expenses like payroll and rent.
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Business Lines of Credit: Access funds as needed for inventory purchases or emergencies.
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Revenue-Based Loans: Flexible repayment tied to sales performance.
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For example, during the holiday season, liquor stores often see a surge in demand but need to invest in inventory well beforehand. A Working Capital Loan or Business Line of Credit can provide the cash you need to stock up on seasonal favorites. Meanwhile, Merchant Cash Advances are ideal for liquor stores with high card transaction volumes.
Advantages of Business Loans for Liquor Stores
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Inventory Expansion: Stock specialty items like craft beers, fine wines, or premium spirits.
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Seasonal Preparedness: Ensure shelves are fully stocked for holidays and other peak periods.
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Store Upgrades: Modernize your store to attract and retain customers.
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Competitive Edge: Launch marketing campaigns to stay ahead of big-box stores and online retailers.
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Flexible Repayment: Tailored options that align with your sales cycles.
Disadvantages of Business Loans for Liquor Stores
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Regulatory Risks: Liquor stores are subject to strict regulations, which could impact cash flow.
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Market Competition: Big-box retailers and eCommerce stores can offer lower prices.
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Inventory Costs: Premium items may not sell quickly, tying up capital.
Who Qualifies for Liquor Store Business Loans?
To qualify, most liquor stores must meet these criteria:
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Annual Revenue: $75,000+
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Credit Score: 550+
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Time in Business: 6+ months
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Required documents typically include:
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Driver's license
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Voided business check
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Bank statements (last 3 months)
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Credit card processing statements (for Merchant Cash Advances)
How to Apply for Liquor Store Business Loans
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Choose the Right Loan: Decide between Working Capital Loans, Merchant Cash Advances, or Business Lines of Credit based on your needs.
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Gather Documents: Prepare financial statements, processing records, and identification.
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Submit Application: Apply online or via our quick application form
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Speak to a Representative: Review repayment terms and select the best option.
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Receive Funds: Most funds are disbursed within 1-5 business days.
What If I'm Declined for a Liquor Store Business Loan
If your application is declined, alternative solutions include:
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Revenue-Based Loans: Flexible repayment tied to sales volume.
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Credit Repair Services: Improve your credit score to access better financing options.
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Business Credit Cards: Manage smaller operational expenses.
- Expand inventory to include specialty items or new product categories.
- Upgrade refrigeration or shelving systems.
- Renovate your storefront for a modern, inviting appearance.
- Launch local or digital marketing campaigns.
A Few Ways to Use Your Funds
Why Choose
MPF Merchant Pro Funding?
Quick Approvals
Access funds in as little as 24 hours.
Customized Solutions
Customized solutions for liquor store owners
Flexible Terms
Repayment options tailored to your business needs.
Trusted Advisors
Experienced team to guide you every step of the way.
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​Merchant Pro Funding has extensive experience in facilitating Small Business Loans. With access to a wide range of business lending products, we provide tailored solutions to meet the unique needs of your business, helping you grow and succeed.
Contact us today for your FREE business funding consultation!
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