Changing consumer lifestyles and a growing preference for local one-stop and round-the-clock shopping are driving growth for convenience stores.
The Canada Small Business Financing Program (CSBFP) and commercial banks often consider convenience stores “high-risk” due to factors like their low rate of return and high inventory turnover. As a result, convenience stores often have difficulty obtaining financing from these lenders. While you wait for funding, valuable opportunities to grow and expand can be lost.
With a streamlined online application, fast turnaround, and flexible approval requirements, Greenbox Capital® can approve more convenience store funding than traditional lenders. We can also approve funding faster, with funds deposited in as little as one business day. We provide multiple types of convenience store funding to help grow your business, with funding from as low as $3,000 up to $500,000 and no restrictions on how you can use your funds. We fund all convenience stores, including service stations, kiosks, and more.