Keith Park

Finding business finance for retail premises


Retail premises can be expensive, but well-arranged business finance can help you to achieve your aims.


Many people dream of running their own retail business. Whether you want to sell shoes, cake decorations or fruit and veg, a good retail site can make all the difference to the success of your business. If you can't raise the amount you need, or you're having trouble getting a loan at all, DIYfunding can assist you with your business finance requirements.


Location, location, location?


When you're choosing your retail site, you need to take several things into consideration:

  • Cost - Your premises need to be affordable, not just when you purchase them, but whilst you're operating your business from them. Look at additional costs such as any leasehold responsibilities, business rates and utility bills. You must be able to afford to run your shop.

  • Location - Are your premises in the right place for the type of customers you want to attract? What's the footfall past the window in an average day? What other shops are nearby? How busy is the road outside? How easy is it to park? These are all important considerations that could have a real effect on your business.

  • Size - You need to know how big your shop needs to be. With the help of business finance, you may be able to get larger premises, allowing you to increase your display space, add extra storage and stockroom areas, or even expand to an upper level.

  • Access - In order to receive deliveries of stock you must have good access, either at the rear or at the front. In addition you will need to look carefully at access for your customers, including disabled customers.

Once you've assessed your needs and decided how you want to proceed, you may need to apply for business finance to get your retail site up and running. At DIYfunding we are specialists in arranging business finance for retailers and can point you in the right direction, putting you in touch with lenders who will look at your application favourably. Using our DIYfunding Pack will ensure that your application for business finance is properly completed, and that you are submitting all the necessary paperwork, helping your application to be successfully considered.


If you need business finance because you are buying a retail site or because you are expanding or developing your existing business, then take a look at the DIYfunding website, www.diyfunding.co.uk. Following the link for business finance on the homepage will take you through to step one of the DIYfunding process. All you'll have to do is answer a few straightforward questions about your project and then place your order for the DIYfunding Pack.


The DIYfunding Pack we'll send you will not only provide details of the lenders who will be able to consider the business finance you need, but will also give you expert help in presenting your funding application successfully.


For more information about finding the right business finance for your retail business, apply online at www.diyfunding.co.uk.


Keith Park