I am the owner of a shop and the holiday season is quickly approaching. In years passed I always found myself running out of stock during this period, and I feel that I am missing out on the chance for increased profits.
This year I would like to purchase additional stock this year in anticipation, but I do not have the funds currently. I know that once the holiday season starts I will then make the money back. Are there any loans that are geared towards businesses like mine? Ideally I would need the loan for about 20 weeks or so.
I know that my sales generally peak about two thirds into the season, so I would like to find some sort of loan where I can make smaller payments at the beginning and then repay the capital after the season has ended.
Does anyone know of any loan companies that offer products like this?