Business Loans for Liquor Stores

Find the Best Business Loan for Your Liquor Store. Compare, Choose, and Save At Advancepoint Capital.

Small Business
375 Million+
in Funded
Rating from
the BBB
61 Google Reviews
hero banner image

Choosing the Best Liquor Store Business Loan Program

It’s no secret that business owners in the liquor store industry have had difficulty getting financing for their establishments over the years. Whether you go to a credit union or national bank, it is challenging to get any type of liquor store financing or even a bank loan, for that matter. But these are new times, and demand for liquor is high from consumers. Some contemporary alternative lending sources have come into the market, meaning the liquor store industry has more access than ever to small business funding.

Liquor store financing options can be a tricky process, though. Traditional lenders see local liquor stores as risky loans, which makes qualifying for such loans a serious burden. These lenders won’t give liquor store loans to just anyone; they’ll likely require a liquor store owner to have excellent credit, a robust business plan, and a significant amount of assets in the business. Some could even ask you about your relevant hospitality experiences as well.

AdvancePoint Capital offers a variety of financing options that liquor store owners can take advantage of to get the funding required. Go through our marketplace, which makes it easy to get financing without hassle from the bank.

AdvancePoint Capital has been experienced in loans for liquor stores for years and can help you access the alternative business lending products you need. We understand the difficulties of operating a liquor store, industry trends and the need for business funding to support it. Our job is to effectively provide the best business funding products to you so you can effectively operate your business. Whether you’re looking to purchase equipment or liquor inventory, need some working capital for your existing business, expanding operations, or taking on a new opportunity- we are your source.

The 6 Best Liquor Store Loans for your Business

icon 1 1

Long-Term Business Loans for Liquor Stores

Long term business loans are for businesses looking to expand or acquire a new liquor store and need to stretch the costs over years to get affordable payments. Commercial real estate may be required for collateral for large loan amounts above $350,000.

Short-Term Business Loan for a California Small Business icon

Short-Term Small Business Loan for Liquor Stores

A Short term business loan is an option when speed and reduced documentation is needed to receive funds. This is a great alternative when traditional financing is not an option. Useful loan for a liquor businesses in need of working capital or operating capital.

Business Line of Credit

Business Line of Credit for Liquor Stores

Line of credit is a flexible alternative to business term loans. Liquor stores can draw money off the line up to a credit limit. Only pay interest on outstanding balance, which saves on interest if you pay off early.

SBA Loan

Small Business Administration [SBA] Loans for Liquor Stores

SBA loans are are administered by the Small Business Administration. SBA is not the lender but sets the guidelines, requirements and issues a guarantee to the lender to encourage small business lending. An SBA loan has strict guidelines and voluminous paperwork, but it's worth the time. You must have good credit to qualify for an SBA loan. The term and down payment of a 7a SBA loan for a liquor store are determined by the use of loan proceeds and whether or not it includes a commercial real estate. SBA loans are popular with liquor stores because of there favorable rates and loan terms. Our network of SBA lenders can fulfill all of your SBA loan needs.

Equipment Financing for a California Small Business

Merchant Cash Advance (MCA's) for Liquor Stores

Merchant cash advance is an alternative to traditional financing. MCA's advance money to the business based on annual revenue. repayment is made by the funder taking a fixed percentage of future sales. Great option for operating capital needs.

icon 1

Business Credit Cards for Liquor Stores

Business credit cards are a great supplement to your financing needs for your liquor businesses.

cta banner image e1662176537786

Get Started Today

AdvancePoint Capital makes the loan application process a simple, straightforward experience.

advance point liquor shop owner

Identify Why You Need a Business Loan

The first step in any search is clearly defining why your small business needs the funds. The “why” will direct you many times to the right loan product. Working capital is the most popular reason because there are so many ways it can be used. When cash flow gets tight due to fluctuations in sales, extra capital can provide the buffer needed to carry the business through rough times. Other reasons for the need for business financing include, but not limited to:

Working Capital

Sometimes cash flow can get tight, and a working capital loan is needed to maintain proper levels of money to operate the business.

Business Needs

A new venture that requires a down payment, upfront capital, recruiting key employees, initiating a new business relationship, or research and development to keep up with industry trends.


Being fully stocked with inventory such as craft beer, wine and liquor is a must for Liquor stores.

Infrastructure Improvements

This category could include a renovation, repairs or even a move to a more prominent location.

Information Technology & Software

In today’s world, capital may be needed for business needs related to website development and site maintenance, customer relations management software, computers, machines, and other products essential for a business’s success.


Small business owners need funds to promote their business. A variety of advertising strategies include internet marketing, direct mail, radio advertising, flyers, and paper ads, to name a few.

How to Qualify for a Small Business Loan

There are a few factors involved in your approval.

advancepoint liquor store owner

1. Credit Worthiness: Credit Score

How does your personal credit and credit report as a business owner affect qualifying for small business financing?
Personal credit score information of the business owner plays a significant role in determining what, if any, loans you can be approved for by lender loan applications. As a business owner, the better your personal credit is, the more business funding options you will have to choose from. However, it’s essential to know that not all financing offers involve a personal credit check.

How to Understand, Review, and Analyze your Credit
A smart thing to do is pull your own credit information using all three credit bureaus to see your credit scores: Equifax, Experian, and TransUnion. (Be wary of sites that offer you “a credit score” as that may be another credit risk model other than FICO.)

FICO credit score risk model:

Image 1@2x

2. Length of Time

How long you have been in business is a significant factor in determining qualifications and repayment guidelines for loan products. Let’s face it; business lending is a risky business. Business lenders need to see a track record to take a calculated risk in providing you a term loan. Many small businesses don’t make it past the first year in business, so obviously, business lenders will be cautious if you have less than two years in business when providing loans.

3. Financial Statements

What financial documents and information will business lenders need for small company loans?

advance point liquor store owner

Business Bank Statements
Almost all small loans will require bank statements to review. Typically three months are needed, but sometimes 6 to 12 months may be necessary if the business is seasonal or has made a considerable loan amount request. Bank statements show business lenders the cash flow activity of the company and your ability, as the business owner, to manage the business’s finances.

Profit & Loss and Balance Statements
These statements provide a more detailed view of the business and its health and may be required for the longer-term and lower-cost term loan options. The good news is that Profit & Loss and Balance Sheet statements typically are not necessary for alternative business lending products.

Business and Personal Tax Return
Some business lenders will need to see tax returns. If that is going to be a challenge, there are a lot of alternative business online lenders who will not require these documents, but keep in mind, most likely, the term loan offers you receive will be impacted by the lack of documentation and therefore be reflected in the costs and repayment guidelines you will be provided.

Apply For Your AdvancePoint Loan Today!

banner cta female
banner cta female mobile

Benefits of Liquor Store Financing

Cash Flow/Working Capital Loans

Operating small businesses like a liquor store is a complicated venture with many moving parts to it. Various issues can impact the business’s cash flow, like seasonality, holidays, location, changes in trends, and competition. Failure to meet payroll is not an option, so it’s essential to have working capital to control the ups and downs of the business and stabilize cash flow.

Business Facility Expansion/Renovations

Your liquor store may need upgrades or repairs to the real estate/ facility, spruce up the liquor store’s interior décor or exterior appearance to maintain or attract customers and have a competitive edge. Perhaps you’re adding a new location. With so many financing options available, growing your liquor store can come in many forms.

Liquor store financing options can be used to purchase additional inventory for spirits, wine, and beer, lease more space, expand marketing efforts, buy new equipment, or even open up another operation. Also, sprucing up the store’s environment can improve real estate value.

Liquor Store Advertising

What owner doesn’t want more customers? Internet marketing and social medial is not a trend but has become a must for a liquor store owner looking to grow and has added additional costs to the liquor store operation. That’s why financing for marketing campaigns and social media is so popular. Having a presence on the internet with various sources such as Google, Yelp, and Trip Advisor and maintaining a social media presence with Facebook and Instagram Is very important for success.

Your liquor store website and work on search engine optimization help keep your small business on the top of google search. Additionally, more traditional sources like mailers and flyers are also advertising mainstay and costs money to execute.

Point of Sale Systems, Software, and Technology Upgrades

The point of sales system’s out there are continuously improving and providing efficiencies to liquor store operations. Liquor store financing can be used to update systems and create more efficient processes within your operation. Liquor store owners are always looking for new ways to keep customers coming in and improving customer experience or service with easier processes and systems that can significantly impact staff. You must make sure eventual investments in this area are a foregone conclusion and know that financing most likely will be needed.

How Do You Get a Business Loan for a Liquor Store?

There are many options to consider in the liquor business, and with such a wide range of lenders and financing options available, it can be challenging to get started. Lenders will want some pertinent information from liquor store owners, regardless of whether they’re an online lender or a traditional financial institution. This information mainly serves to confirm your small business’s financial history and legitimacy — and liquor store owners should be informed about what information they should have on hand before applying for liquor store loans.

For years, we’ve empowered small businesses around the United States with the best financing opportunities and loan options that people like you can use to fund business operations.

Depending on the liquor store loans you’re looking at, each will have different requirements. However, there are some standard questions that you can expect to run across during your search for loan options.

How Long Has the Liquor Store Been in Business?

Time in business is a standard requirement for liquor store loans — or any type of loan you plan on obtaining as a business owner. A startup beverage shop is far riskier than a seasoned one, which shouldn’t be news to any business owner. However, it’s vital for liquor store owners to understand this fact first and foremost.

Due to the industry’s high risk, lenders must know if you’ve been around for a substantial amount of time. Your time in business shows you’re capable of overcoming obstacles and tackle challenges that come with time in the industry. If so, you’re in much better shape to obtain financing for your beverage distribution establishment.

How Do You Handle Money From the Liquor Store?

There are some documents that many lenders will require so that they can assess a loan. When acquiring any loans, you should always offer business bank statements, personal and business tax returns, profit and loss, income statements, cash flow forecast, and perhaps even more information depending on the liquor store loan itself. This information proves any revenue and profit — which is frequently a big player in whether or not you’ll qualify for loans.

Now, what paperwork you’ll need ultimately depends on the liquor store financing itself. A business cash advance may require one thing, but a term loan is likely to have much harsher requirements. However, all of these documents we mentioned are reasonably typical when attempting to obtain a liquor store loan.

advancepoint liquor store ceo

What Are Your Borrowing Habits?

While many financing options have varying credit score requirements, all of them will require some sort of personal and business credit score as well as overall credit history. Liquor store owners need to show lenders how well they manage loans. It’s all about trust and sound investments when it comes to financing. A credit score is a great way to show banks that your borrowing habits are fruitful for the lender.

Now, even if you have less than stellar credit, there are still liquor store loans that you can seek. However, the interest or terms will be more costly due to bad credit. You won’t see banks or credit unions offer loans to poor credit borrowers. That being said, alternative business finance companies still provide financing opportunities that business owners can take advantage of for working capital or any other need. Make sure you are constantly working to improve your personal credit.

Frequently Asked Questions

Get your quote today by filling out our simple form.

advancepoint get quote now
advancepoint get quote now