Why furniture stores in Philadelphia qualify
Furniture stores in Philadelphia are classified under Furniture Stores, an eligible category. Industry is therefore not the question; the four things every file is read on are.
The cash-cycle problem
Receipts at sale but inventory ordered months ahead with long lead times.
In Philadelphia that usually means capital goes to floor inventory, showroom refresh, delivery vehicles, warehouse space.
What applies in Philadelphia
Philadelphia runs on healthcare, education and an older building stock that keeps the trades busy.
Pennsylvania funds normally on every tier.
The published thresholds
Tier 1: 650 FICO, 3 years in business, $300,000 a year or $25,000 a month, 8+ monthly deposits.
Tier 2: 600 FICO, 6 months in business, $60,000 revenue, $800 minimum daily balance.
Renewal: 550 FICO, 2 years in business, once 50% of the original balance is repaid.
There is no hard credit cutoff here. The 650/600/550 tiers are product criteria, not a floor on the business. Scores in the 500s are placed routinely, and files in the 400s are read on revenue, deposit consistency and time in business rather than on the score alone.
Questions
Do you fund furniture stores in Philadelphia?
Yes. The category is eligible; the file is read on revenue, deposits, time in business and existing positions.
What credit score is needed?
There is no hard credit cutoff here. The 650/600/550 tiers are product criteria, not a floor on the business. Scores in the 500s are placed routinely, and files in the 400s are read on revenue, deposit consistency and time in business rather than on the score alone.
How fast can funding arrive?
Same-day decision and next business day funding on a complete file.
What if revenue is seasonal?
Tied to housing turnover; heavy holiday and tax-refund cycles. Underwriting reads the average and the deposit count, not the peak month.