Marquette County, MI's 2023 County Business Patterns lists 263 Retail Trade establishments.
A credit line fits supplier invoices that sell through over weeks; equipment financing fits a security camera kit, display cases or gondola shelving; inventory financing fits a large stock order. Wiring, mounting work and changes to the storefront are property work outside this site. For a shop with steady card receipts, a merchant cash advance (not a loan) is collected as a share of those sales.
At a glance
- Retail Trade (NAICS 44-45), Marquette County, MI
263 employer establishments (CBP 2023)
- Retail Trade establishments with fewer than 5 employees
98, or 37.3% (CBP 2023)
- Retail Trade with a ZIP 49855 address
167 employer establishments (ZBP 2023)
- Retail Trade, businesses without paid employees
314 (Nonemployer Statistics 2024)
Credit line uses for Marquette County, MI retailers: supplier terms on a shoe order and a second storefront's stock
A shoe store places a large order of new styles with one supplier, and the supplier allows 30 days to pay. The shoes take longer than that to sell.
In this invented example, the invoice is $18,120. On day 30 the store pays it with a draw on its business line of credit, then pays the line down by an invented $6,040 at days 60, 90 and 120 as the pairs sell.
At a 12.35% annual rate, figured daily, the invented draw costs $367.86 in interest over the 90 days the balance is carried. When a style sells through and the store places a reorder, the paid-down line has room for the next invoice.
A second storefront raises a different question. Its fixtures and its stock can be requested; the lease and any work on the space are property work outside this site. For a large stock order, inventory financing ties the funding to the goods themselves.
Putting a security camera kit on an equipment loan: what a Marquette, MI retail shop brings
A security camera kit (cameras, a recorder and a monitor at the counter) is equipment that can go on a retail shop's equipment financing request. A wired or monitored alarm setup and any cabling run through walls or ceilings are building work outside this site, so the request covers the kit itself.
What a Marquette, MI retail shop brings to the call:
- the vendor's quote listing each camera, the recorder and the monitor
- whether the kit is wireless or needs cable runs, so the property work can be priced apart
- the shop's bank statements for the months a partner asks to see
- the payments on any equipment the shop already finances
Priced at an invented $4,830 and financed at an 11.45% annual rate over 24 months, the kit costs $226.13 a month; the 24 payments total $5,427.12, $597.12 of it interest in this invented example.
Financing locking display cases for a Marquette, MI jewelry store over 36 or 48 months
Locking glass display cases are freestanding store fixtures: they stand on the floor and move with the store, which keeps them on the equipment side.
In this invented example, a jewelry store in Marquette, MI prices six locking cases with LED case lighting at $27,180.
| Term | Monthly payment | Total of payments | Interest |
|---|---|---|---|
| 36 months | $880.86 | $31,710.96 | $4,530.96 |
| 48 months | $693.28 | $33,277.44 | $6,097.44 |
Choosing 48 months over 36 in this invented case trims each payment by $187.58; the price of that is $1,566.48 more interest (invented).
The cases' lighting plugs into existing outlets; new circuits or wiring are property work outside this site.
Gondola shelving and checkout counters: business loans for retail in Marquette, MI, and the store work left out
Gondola shelving and checkout counters are fixtures a store sells from every day, and they can be part of a retail request. What fits, and what is left out as property work:
| Can be part of the request | Left out as property work |
|---|---|
| Gondola runs, end caps and shelf hardware | New flooring, lighting or ceilings |
| Freestanding checkout counters and the card terminals on them | Electrical outlets added at the checkout |
| Rolling racks and display tables | Storefront glass, doors and signs attached to the building |
When shelving arrives in stages, a credit line can pay each delivery; when it comes as one priced order, an equipment loan or lease fits. A partner may ask for the fixture vendor's quote and the layout it is priced from.
Business loans for retail, set beside Marquette County, MI store counts by type
The County Business Patterns retail figures for Marquette County, MI break the sector into store types. The table shows selected types, not every one, so it is not a ranking.
| Store type (NAICS) | Employer establishments | With fewer than 5 employees |
|---|---|---|
| Gasoline Stations (4471) | 29 | 9 |
| Health and Personal Care Stores (4461) | 21 | 5 |
| Other Miscellaneous Store Retailers (4539) | 21 | 11 |
| Clothing and Clothing Accessories Stores (448) | 17 | 9 |
| Automobile Dealers (4411) | 12 | 3 |
Counted on its own, 2024 Nonemployer Statistics lists 314 retail businesses in the county with no paid employees.
Card-heavy shops have one more option: a merchant cash advance, which is not a loan; a provider collects it as a share of each day's card sales. For ZIP 49855 counts by sector, see the Marquette, MI page; the industries page carries notes on the other trades.
A bike shop works through stock, special orders and racks in a blog article on restocking between deliveries.
By Cloverbrook Capital Group ยท Updated
