Winmark’s business Winmark’s principal business is as a franchisor of five retail concepts. In addition, it operates a middle-market equipment leasing business through a wholly owned subsidiary, Winmark Capital Corp., and a small-ticket financing business through another wholly owned subsidiary, Wirth Business Credit Inc. (unless otherwise noted, information in this section comes from the company’s 10-K for 2015). The franchise operations – with 2015 revenues and store counts – are small business loans from banks shown below. All work on the principle of buying and reselling used merchandise that consumers have outgrown or no longer use: Plato’s Closet(R): $432 million from 456 stores; buys and sells used clothing and accessories for the teenage and young adult market. Once Upon A Child(R): $298 million from 326 stores; buys and sells used and, to a lesser extent, new children’s clothing, toys, furniture, equipment and accessories. Play It Again Sports(R): $225 million from 297 franchise locations; buys, sells, trades and consigns used and new sporting goods, equipment and accessories for individual and team sports.
Example.f a Personal Loan APO Range UsesStarting a Business; Working Capital; Purchasing property; Equipment, Fixtures, Inventory, leasehold improvements; Refinancing debt Important notice regarding use of biscuits: By continuing to use this site, you agree to our use of biscuits as described in our Digital Privacy and Biscuits Policy . No. 3: Take Your Time, and Compare Several Options Lenders hold more of the cards when it comes to small business loans, but you should still shop around before you start a lengthy application process. There are only two fees: a flat origination fee ranging from 1.49% to 4.99%, and a flat late payment fee equivalent to 10% of the missed payment. During these uncertain economic times, many people are finding themselves faced with a situation where they could use some financial assistance. Insurance: Not FDIC Insured. It is important to research your lender – reputable lenders such as OnDeck use strong encryption and Transport Layer Security TLC protocol to ensure your Sensitive Information is securely sent to OnDeck.