Upscale Clothing Retailer
"Our business is an upscale special occasion store in the heart of Maryland (Baltimore County) featuring designer label, Prom, Bridal, Pageant, Evening-wear, and Tuxedo Rentals. I have been in business 15 years.
The cash advance type of financing is great for our business because it allows quick access to funds based on our credit card receivables during peak and off-peak seasons allowing us to better manage cash flow.
I've considered the traditional bank products (i.e., business loans, lines-of-credits) and the red tape is so discouraging. The cash advance is based on the money you actually make without the red tape and strict credit guidelines.
I like the renewal process because it's very convenient to make one call and speak to your account rep directly and feel like a partner not just another business because they know your business cycles and can recommend the best amount and payback time-frame for you with urgency and efficiency.
I generally use the funds for inventory purposes, expansions and general cash flow.
Certainly the cash advances have allowed me to attract more customers with more selection in the boutique along with the expansion (acquiring double my space in square feet) along with more advertising, all because of the cash advances.
More than anything about Principis Capital, I like the customer service and personal feel I receiver from the staff."
B. Ranson, Owner
Towson, MD
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Household Products Retailer
"I am the owner of two stores in San Francisco dealing in the sale of table linen, bedding, antiques, and Chinese artifacts, all imported from mainland China. I’ve been in business for over 25 years at the same locations.
Principis Capital helped us when we needed fast financing; we had our money within 10 days! I was also surprised how fast I was able to rollover the financing, the process was done within one to two days at most.
The Principis Cash Advance has helped us grow our business by enabling us to buy more new inventory from China.
Mr. Joanel Albert, Director of Renewals, has helped us a great deal. Questions and answers were explained immediately. He has helped us a great deal, and that is one of the reasons we will be staying with Principis Capital."
Raymond Lam, Owner
San Francisco, CA
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MotorSports Vehicle Retailer
“Principis Capital is efficient and pleasant to work with. The staff is helpful and the process for signing up and funding is simple. I would recommend Principis to any small business.”
Scott Britt, Owner
North Carolina