Retail Business Financing
Your store's location and lease terms are among the most critical decisions to be made for your new business. DPSD has long-standing relationships with many leasing agents, landlords and some of the largest shopping center management companies in the country. In many cases, these relationships enable us to secure preferential terms and quick results.
The DPSD team of experienced funding professionals has access to a variety of financing options, both conventional and unconventional. Signature loans, SBA loans, hard asset loans, the ability to borrow against a secured CD, and retirement account rollovers are just a few of the options available through our network of independent lenders and brokers. Because of our experience and relationships with lending agencies, we know precisely what they are looking for. This also means that, in most instances we know how to cut through any red tape in a timely manner. The best part? The process is practically hassle-free for you - everything is coordinated by our experienced funding staff.
How Does Financing Work?100% financing including working capital available on approved credit
For many DPSD clients, the initial financing package covers the entire cost of opening their store - and includes working capital! Your funding advisor will review your financial profile and make recommendations as to the most cost-effective lending options available. Our team will assist you in preparing a detailed business plan - some lenders require one - at no additional cost. And of course we will provide whatever level of assistance you may require as we work through the funding process together.
Start-up working capital can be an important boost during those crucial first months - by freeing ownership during to completely laser-focus on developing and running a successful business.
Free Credit Repair Services
For clients with a FICO score of at least 650, but insufficient to allow 100% financing, our Finance Department can have one of our authorized vendors perform a free credit repair service that can potentially help improve your credit score to a level that can enable 100% financing and working capital. Do not assume that you cannot obtain funding for your store. We routinely open stores for people who thought they had no chance - due to poor credit. Actual FICO scores often differ from what may be found on various credit reports. Most prospective clients find that we are able to quickly improve their score - if necessary - to a level that opens up tremendous opportunity.