Cell Phone Store Business Financing: Small Business Loan Alternative

If you operate a cell phone store business financing, your competition may get a little stiffer in the near future. Electronics giant Best Buy plans to open 40 stand-alone cell phone retail outlets this fiscal year. Best Buy Mobile stores are expected to quintuple the retailer’s share of the cell phone market which now stands at just 3%. Even at 3%, that share is nearly double its market share in 2007 of 1.9%. The company became the first major retailer to sell Apple’s iPhone and opened its first Best Buy Mobile store just last year.

Cell phone sales are expected to grow and are one of the few bright spots in the consumer electronics market. Rapid Capital Funding offers a small business loan alternative called a business cash advance that’s ideal for small business owners. The business cash advance gets you the money you need to expand your inventory, open new stores, hire new employees and offer innovative services. Best of all, you can get the cash you need in a matter of hours, not the weeks or months it could take a bank to respond to your loan application.

Our small business loan alternative is designed for businesses with good, bad and no credit. Our lending decisions are based more upon your sales volume than they are upon your credit. And unlike a bank, we’re ready to take on risk right now. That’s why small business owners are flocking to Rapid Capital Funding to get the business financing they need to survive and thrive in these difficult times.

If you accept Visa or MasterCard and generate at least $2,500 per month in credit and debit receipts, you’re likely qualified to receive a business cash advance from Rapid Capital Funding. We have a 95% approval rate, much higher than other business cash advance providers. With Rapid Capital Funding’s business cash advance, you’re just hours away from the cash you need to make your business fly!

Photo Credit: Sarah Gilbert, via Flickr

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