Funding for your situation
The real cost of adding a second store, what funders look at, and a worked example using illustrative figures.
✓ Checking what you qualify for does not affect your credit score.
A new second store is easier to justify than a new location, and easier to underfund. A second neighborhood store would use the same vendors, but the opening inventory is the hurdle. The purchase, the people and the first weeks of ramp-up all land at once.
Merchant Fund Express is a funding marketplace: you apply once, and the file is matched to the structure that fits it. The sections below show what this situation usually costs, how a funder reads it, and what to prepare.
A grocery store file is read through margin and inventory turns, daily deposit stability and equipment already financed.
Large daily card and cash volume with thin margins and heavy vendor payments. A reviewer sees that pattern in the statements before reading a word of the application.
Equipment is part of the picture. A failure such as a walk-in freezer or a pos replacement can run $11,000 to $11,000 and interrupt revenue while it is down.
The documents that usually matter most for a grocery store are lease for the new site and equipment quote, alongside the bank statements.
These are the same factors described on revenue and deposit requirements and time in business. Merchant Fund Express walks you through how your own file reads before you apply.
| Cost item | Illustrative amount |
|---|---|
| Refrigeration cases | $45,000 |
| Shelving and checkout | $20,000 |
| Opening inventory | $60,000 |
| Signage and POS | $8,000 |
| Cushion for overruns and slow early weeks (about 10%) | $13,500 |
| Funding need for one more second store | $146,500 |
Sizing check. If the full repayment shown in an offer were $190,000 over about 26 weeks, the weekly debit would be about $7,308. Against illustrative monthly deposits of $235,000 (about $54,231 a week), that is roughly 13% of weekly deposits. Your own offer states the real repayment amount in dollars; run your numbers on the factor rate calculator before you accept anything.
Source: worksheet by Merchant Fund Express. Illustrative only: these figures are not an offer, and real amounts depend on your file and the funder.
A real cost of the move that is easy to leave out of the first estimate.
A real cost of the move that is easy to leave out of the first estimate.
Bought ahead of the first sale and sitting as cash until it turns.
A real cost of the move that is easy to leave out of the first estimate.
A complete file is what makes a same-day decision possible. If something is missing, tell us and we will work around it.
Merchant Fund Express gives a same-day decision on a complete file, and funding is typically the next business day after signing. The quote or bill of sale for the second store is the document that usually moves things along.
It can be either. If the purchase is a single asset with a quote, equipment financing may fit; if you also need payroll and supplies for the ramp-up, working capital covers the whole package.
Often yes. A used purchase can shorten the payback, and a quote or invoice from the seller is what the file needs.
The minimum FICO is 500, and better credit means better products and terms. See credit score requirements for how the tiers work.
Merchant Fund Express gives a same-day decision on a complete file. Applying takes a few minutes and will not affect your credit score.
