Convenience Store Finance
The convenience store industry is undergoing a revolution as customers change their buying habits with the advent of digitisation.
Large online shops, perhaps surprisingly, mean that convenience stores have a growing market, with top-up food and additional services both growing areas of demand.
The industry is growing at nearly three per cent, according to official figures, driven primarily by top-up shopping. Supermarkets have begun to compete with traditional convenience stores; however, entrepreneurs have the chance to retain and grow their market share by innovating, delivering a superb customer experience and personalisation, and expanding the product and service offering to include things such as courier drop-offs and collections.
Other convenience stores are seeking to invest in their premises and stock offerings, moving towards niche product lines that better suit their local customer demographics and providing an enticing store experience that goes beyond the ‘pint and a newspaper’ offer of former years. This investment, of course, requires access to finance. Business loans can be hard to come by via traditional high street banks, but businesses need to be able to preserve their working capital to maintain business security.
A better way of borrowing
Century Business Finance offers a solution for convenience store owners who are keen to invest and grow their business. We offer business-only loans with attractive features.
An easy online application
We are open for business, ready to lend, and our application process is quick and simple. Complete the online form in just a few minutes and we will make a decision on your loan in just 24 hours. The funds can then be in your business bank account the following day.
Please contact our helpful finance experts, who will be happy to help, or complete the online application today for an instant decision.
Whatever your business need, the right kind of flexible finance is available to you. We’ll carry out a needs assessment based on your requirements and circumstances and advise on the loan products we can offer you. Our team are experienced, helpful, friendly- and they don’t speak in jargon!
Get in touch for a no-obligation chat today and secure the business finance that you need.