Three invented store cases: a paint-tinting station at a hardware store on equipment financing, a clothing vendor order with a deposit at order and the balance on inventory financing, and a credit line draw at an auto parts store while repair shop accounts pay. Store construction and fixtures built into the building stay outside this site.
At a glance
- Retail trade, Jackson County, MS
430 employer establishments (CBP 2023)
- Retail employer establishments with fewer than five employees
176, or 40.9% (CBP 2023)
- Retail employer establishments with a ZIP 39567 address
63 (ZBP 2023)
- Retail businesses with no paid employees, Jackson County, MS
834 (NES 2024)
A paint-tinting machine and a shaker for a Pascagoula, MS hardware store: equipment financing worked through
In an invented case, a hardware store in Pascagoula, MS starts mixing paint in-house with an automated tinting dispenser at $11,850, a paint shaker at $2,760 and a color-matching spectrophotometer at $3,140, an invented $17,750 package.
Over 48 months of equipment financing charged 12.05% a year, the invented paint station comes to $467.86 a month. The store pays $22,457.28 over the four invented years, $4,707.28 of it interest.
The dispenser and shaker plug into standard outlets and sit on the sales floor, so they are equipment a request can name. A funding partner may ask for the dealer quote and the store's recent bank statements, and the partner decides on any offer and term.
A vendor order with a deposit up front: inventory financing for a Jackson County, MS clothing store
A second invented case: a clothing store places a $22,400 order with a vendor that asks for 30% ($6,720) when the order is placed and the remaining $15,680 at delivery. The store pays the invented deposit from its own cash.
In this invented case, inventory financing covers the $15,680 balance over 5 months at a 14.4% annual rate, for an invented payment of $3,249.79. The five invented payments total $16,248.95, so $568.95 is interest.
The schedule runs about as long as the goods take to sell through, which is the point of financing stock rather than buying it with a longer loan. A funding partner may ask for the vendor's order confirmation and past sales by category before it sets an amount.
Repair shop accounts that pay at month end: a credit line for a Pascagoula, MS auto parts store
In a third invented case, an auto parts store in Pascagoula, MS sells to repair shops on account, and at month end the invented open balance on those accounts is $18,300. The store's own supplier bill comes due before the shops pay.
To pay the supplier, the owner takes an invented $9,600 from a business line of credit priced at 13.55% a year and clears the draw on day 36 of the invented wait, once the repair shops have paid. Simple interest for those invented days is about $128.30, and the limit is open again for the next month.
Stores whose sales are mostly card sales have one more option, a merchant cash advance, which takes a share of future card sales instead of a fixed payment. An advance costs a fixed dollar amount set by its factor, so it is worth pricing against a credit line draw of the same size.
Retail trade in Jackson County, MS: store counts by kind, small staffs and ZIP 39567
Retail trade had 430 employer establishments in Jackson County, MS in County Business Patterns 2023, the most of any sector in the county by establishments, with 5,037 employees. Store kinds in that count include, among others, 49 all other general merchandise stores (NAICS 452319), 39 clothing and clothing accessories stores, 38 health and personal care stores, 34 automotive parts, accessories, and tire stores, and 33 building material and garden equipment and supplies dealers.
Of the 430, 176 (40.9%) had fewer than five employees, which leaves 254 of the county's employer stores (430 minus 176) with a staff of five or more.
A separate ZIP Code Business Patterns 2023 count placed 63 retail employer establishments at a ZIP 39567 address. In that ZIP count, the share with fewer than five employees was 46.0%.
Retail sellers without employees are tallied apart, in Nonemployer Statistics 2024: 834 of them in Jackson County, MS. For ZIP 39567 and county counts, open the Pascagoula, MS page; other store trades are grouped on the industries page.
Store work on the building that a Pascagoula, MS request leaves out
A store's building work sits outside a Deerbrook request:
- Construction or improvements to the store space, including walls, flooring, lighting and storefront work.
- Display cases, cooler doors or shelving built into the building, and new electrical circuits.
- Signs anchored to the building or the ground, and any purchase of the building or land.
- Costs for a store that has not opened yet.
Freestanding equipment, stock, supplier bills and payroll are operating costs that a request can name.
By Deerbrook Lenders · Updated
