Kiosk loan funding is made available for the purpose of starting a business located within the area of a booth or stand.
It is possible to open a small retail business for a kiosk loan of $2,000 to $10,000 in startup costs and ongoing leasing and inventory expenses. The cost depends on the location and the length of time you are required to lease the kiosk. Some leases are for a single month, while others are renewed on an annual basis. This type of business can be done within mall, shopping center or on the street.
Kiosk business opportunities
Kiosk businesses are great for seasonal products such as items for holidays such as Valentine’s Day, Mother’s Day, Father’s Day, Christmas, Hanukkah, Easter and others. Certain products can be sold for only the spring, summer, fall or winter. A kiosk business can easily be a temporary endeavor.
Some products can be sold all year, such as candy, newspapers, books, lottery tickets, magazines, and clothing. You may be able to switch specialties and keep the same kiosk, or change kiosks within the same general location over time.
Aside from opening a new kiosk business with unique inventory, you can take advantage of the variety of franchise opportunities available. Popular items sold on kiosks include health and beauty items, electronics, jewelry and other items.
Some important items to know to finance your are:
- How much money do you really need?
- Do you know your exact FICO scores?
- How do you plan to repay the loan?
- Who is going to borrow the money? You personally or another legal entity?
- What assets can you pledge to secure your loan?
Make sure you know you are pre-qualified before you apply. Our free business capital search engine will allow you to see the funding programs and lenders that are available to you and then you choose those you wish to apply for.