Business to Business Services
At Retailer Services, we provide business clients with the necessary tools and services that are needed to operate their businesses, from advise on government regulation to assistance on filing documents such as business license, operating permits, signing contracts etc. Let us assist you with your permit or license. We also assist business with audits, staffing, equipment, training and IT services. Our professionals share a common background and vision and are selected based on quality, like-mindedness, and commitment to client service. Outstanding client service has and will continue to be our top priority.Each and every one of the professionals and member firms that are a part of Retailer Services share our core values ensuring the delivery of best-in-class service in a seamless and consistent manner worldwide.
Building Business Credit in the Wake of COVID-19
by Ty KiiselMay 11, 2020
One of the things we’ve learned through the implementation of the Paycheck Protection Program (PPP), is that your credit profile still matters in the midst of a crisis like that caused by the coronavirus. With that in mind, what can you start doing now, and post-pandemic, to build your business credit in the wake of COVID-19?
Regardless of whether you are applying for an SBA loan or any other type of business financing, a strong business credit profile is the foundation for demonstrating your business’ creditworthiness to a potential lender. Your profile gives lenders visibility into the industry you do business in, your estimated annual sales, and how you interact with your current creditors.
Many lenders pulled back as it became clear that some of their customers would be shuttering their businesses as a result of COVID-19. Credit card limits have been reduced, as well as many lines of credit for a lot of small businesses. We experienced the same thing following the financial crisis of 2008 as banks and other financial institutions tried to circle the wagons to mitigate the risk they associated with their small business clients. This was when many online lenders entered the market to help businesses access capital they couldn’t through more traditional means like their local bank or credit union.
Fortunately, there are some things you can do to build a stronger business credit profile in the midst of these difficult times. Taking the right action today can help position your business for the future. Not only in the event there is additional financial aid from the federal government through the SBA’s loan guarantee program, but also as lenders generally come back online.
Business Insurance Services
If you are in need of business liability insurance we can refer you to one of our insurance partners. We can conduct an audit for your business thus saving you thousands of dollars in cost.
Retailers wanting to apply for the USDA's EBT/SNAP benefits program can assisted with the application process. If you have been suspended or lost your privileges to accept EBT we may be able to help you get those privileges back please contact us for assistance.
Business Referral Services
Business owners do not have time to deal with the small thing for their businesses. Leave the little things to us. Let us deal with your IT, cable and telephone installation, let us deal with your inventory controll and suppliers. We have the experience in structuring and making deal on your behalf, saving you money and time.
'' I had no time to apply for SNAP for my gas stations. I hired Retailers Services and they did everything I wanted. I got approved in less that 30 days''
BP Gas & Food Mart IL.