Retail Business Financing Questionable As Moody’s Downgrades Sector
Moody’s Investors Service lowered its assessment of the retail sector to “stable” today. Previously, the investment analysis firm had given retailers a “positive” outlook. Despite the fact that some analysts are now saying the recession is finished, prospects for retail store business financing opportunities through traditional lenders don’t look promising.
This poses a problem for retailers as they head into the holiday shopping season. Having received only a modest boost in sales during the “back-to-school” season in August, retailers are looking to holiday sales to boost their bottom lines. Getting retail business financing is critical to help ease holiday cash flow problems, hire additional workers, stock up on merchandise and set aggressive pricing for holiday shoppers.
Rapid Capital Funding is a leader in small business financing alternatives, including retail business financing. Our merchant cash advance enables retailers to get the cash they need up front and provides easy repayment terms, too.
If you need to secure retail business financing in advance of the holiday shopping season, contact Rapid Capital Funding today and let us show you how a merchant cash advance can help your retail business have a great holiday season.
Photo Credit: WTL Photos, via Flickr
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