DO I QUALIFY
Loans &
Financing
Learn more
Why Reliant
Funding
See the Difference
Industries
Served
Learn more
Activate
Your Card
Verify Account
Reviews What Others Say
Newsroom View
Blog Visit
Business Network Learn More
Partner with us Learn more
Partner Channels Explore Opportunities
Partner Portal Login
Get to know
Reliant Funding
About Us
Join
The Team
Careers
Connect Contact Us

Why We Love Independent Retailers

With Independence Day right around the corner, we want to express our loyalty to independent retailers and celebrate them nationwide. Back in 2011, two entrepreneurs, Tom Shay and Kerry Bannigan came together to highlight the importance of local shops and wanted them to be supported instead of taken under by big box companies. So, National Independent Retailer Month came into effect and has created much buzz for Mom and Pop stores which are so vital to the development of communities.

Building a “shop local” mindset is the main focus in supporting independent retailers. Awareness of the small business community is growing with help from campaigns such as the Buy Local Movement, Small Business Saturday and Independent Retailer Month which all promote the advancement of entrepreneurial ventures. Supporting your local independent retailer is crucial to their success and community enrichment. Here are a few reasons why:

They Live Their Passion

The passion and knowledge from store owners are what creates loyal shoppers. It’s their personal business story that often inspires. Small business owners are proud of the businesses they have established and want to share it with as many customers as possible. Consumers get a personalized experience when shopping local shelves compared to those at corporate stores. With unique product selections and unique creativity, the community develops a personality of its own.

They Contribute to a Strong Local Economy

Shopping local contributes to a healthy economy in a variety of ways. According to the Andersonville Study of Retail Economics, local businesses generate 3.5 times more wealth for the local economy compared to money spent at a chain- owned business. The money spent at the coffee shop down the street will go towards renovating that eyesore in the community park rather than promoting the opening of another Starbucks. Not only do they fund local needs, but they have also helped decrease the unemployment rate since the last recession. Big box retailers are laying people off left and right to move towards advanced technology systems that replace employees. A source at Wall Street Journal said the U.S. economy had lost about 71,000 retail jobs since the beginning of the year in 2017, as routine tasks are becoming automated. The only way to help maintain the progression of small businesses is to spend money within the community.

They Invest in Their Communities

If more consumers would take the time and shop their local stores for groceries, home good items and clothes, they would be helping their community. The money spent at small shops in the area stays within the community a lot longer than the money going into chain stores. Another reason to support local retailers is that they reinvest into their communities more than chain stores do, according to the American Independent Business Alliance, 48 percent of each purchase at local independent businesses was recirculated locally, compared to less than 14 percent of purchases at chain stores. The average person doesn’t consider where their money goes once the purchase is complete, that is the concept behind National Independent Retailer Month; to spread knowledge and facts about how local stores are contributing to their local environments and the overall economy.

Reliant Funding is a preferred partner for independent retailers and we are honored to serve them. We salute their hard work and encourage you to take the time to acknowledge and support the local entrepreneurs in your community.

(Visited 1 times, 1 visits today)
By clicking "Submit", you (a) consent to receiving calls and messages, including autodialed or pre-recorded calls, from Reliant Funding using the information you provided above, including via wireless telephone numbers that could result in charges to you, (b) acknowledge that no purchase of goods or services is contingent upon such consent, (c) acknowledge that telephone calls to and from Reliant Funding may be recorded, (d) consent to receive email correspondence including advertisements for business funding and other products or services, and (e) acknowledge that you have read Reliant Funding’s Privacy Policy and understand that you may opt-out of receiving communications of your choice from Reliant Funding as provided in the Privacy Policy.

Quickly learn your
funding options.

No cost to apply. No obligation to accept.

Congratulations!

Your Reliant Funding application has been received.

You will be receiving a call shortly and we look forward to learning more about your business and funding needs.

By clicking the "Submit" button I agree to all terms and conditions.
GET QUOTE NOW
Trustpilot
We respect your privacy and will never sell or share your personal information.

Before you leave...

Please tell us about yourself.

Congratulations!

Your Reliant Funding application has been received.

You will be receiving a call shortly and we look forward to learning more about your business and funding needs.

'Fast. Simple. Flexible. Request A Quote Today!'

'Congratulations, Your Application is Now 50% Complete!'

'Let us know who to contact once the funding details are available and we’ll be in touch immediately.'

APPLY NOW
GET STARTED TODAY!
Trustpilot
[cms-block title="CTA Popup - disclaimer (english)"]
previous | refresh
1