Commercial Real Estate Financing
The Dilemma of Stocking for Holidays
The holidays had always been a busy time for the toy store. It only made sense that everyone looking for gifts for little ones would stop in to find something innovative and fun for the kids. This year, the owner had found a great product that she knew would sell. The problem was that the year had been slim in profits so purchasing the toy in bulk wasn’t possible without some work.
She didn’t want to let her clients down, nor did she want to end the year on a bad note. This led her to look into financing that would allow her to bring in an exciting new product that kids were sure to love.
How Much Financing Is Needed?
Moving forward without having the item in stock was a gamble, but the owner held a strong conviction that it would yield positive results. Consequently, she began assessing the required funds to manage potential demand upon introducing the product to the store.
Ultimately, she aimed to secure $200,000 for stocking not only the specific product but also other high-demand items for the holiday season. Having a targeted amount in mind led her to the subsequent task of exploring financing options tailored to her needs.