Coppermead Business Funding, a small-business funding service in Springfield, Ohio, explains grocery store loans for Clark County grocers, convenience stores and liquor stores: inventory financing, refrigeration and equipment, working capital and buying an existing store. It uses Census counts for grocery and convenience stores and shows what partners read.
At a glance
- Grocery store employers, Clark County, OH
42 (CBP 2023)
- Of which convenience stores
25 (CBP 2023)
- Grocery employees
738 (CBP 2023)
Clark County, OH Grocery Stores in Census Counts
Clark County had 42 grocery store employers in 2023, with 738 employees and $21.4 million in payroll (Census Bureau, County Business Patterns 2023). That count includes 25 convenience stores (NAICS 445120), leaving 17 supermarkets and other grocers (our arithmetic). 52.4% of grocery employers had fewer than five employees.
| Business type | Employers (CBP 2023) | Employees | Under 5 employees | Employers in ZIP 45502 (ZBP 2023) | Without payroll (NES 2024) |
|---|---|---|---|---|---|
| Grocery stores (incl. convenience) | 42 | 738 | 52.4% | not published | 27 |
| Convenience stores | 25 | 76 | 80.0% | not published | 5 |
Liquor Store Funding: What Springfield, OH Owners Should Know
Liquor store funding covers stock, coolers, shelving, security systems and buying a store with its permit. Partners read sales by category and turnover. A permit transfer is part of any purchase and can affect timing.
Is There a Liquor Store Business Loan Program in Springfield, OH?
No dedicated liquor store loan program is offered through this site. A liquor store request goes through the same partner review as any retail request: what the money is for, the store's deposits and records, and what secures it. Programs advertised elsewhere are worth reading for their total cost and conditions before you sign.
What to Know About Grocery Store Financing in Clark County, OH
Grocery store financing in Clark County covers four purposes: stock (inventory financing), cases and checkouts (equipment financing), payroll and supplier gaps (working capital), and remodels or purchases (term loans). Perishable stock is read with care because it loses value, so fresh departments lean on working capital rather than inventory lines.
Convenience Store Loans for Clark County, OH Businesses
Convenience store loans pay for stock, coolers, a remodel, or buying a store. Clark County had 25 convenience store employers in 2023, 80.0% with fewer than five employees (Census Bureau, County Business Patterns 2023). Stores that also sell fuel are covered on the gas station and convenience store page.
Springfield, OH Business Loan for a Grocery Store
A business loan for a grocery store is read on sales by department, gross margin by department, supplier terms, and the lease. Partners also read whether the store accepts electronic benefits, because those deposits arrive on their own schedule and show in the bank statements.
- Twelve months of bank statements
- POS reports by department
- Supplier invoices and terms
- The latest business tax return
- The lease
How to Get a Loan for a Grocery Store? The Short Answer for Springfield, OH
- Name the purpose: stock, cases, a remodel or a purchase.
- Pull twelve months of bank statements and POS reports.
- Get quotes for any equipment.
- Phone (937) 442-5419, or put the order total on the request form.
- Read the offer's total cost and the security clause.
Refrigeration and Freezer Cases for Springfield, OH Grocers
Illustration only, invented figures: a run of reach-in coolers costs $26,000, with $3,000 down. Financing $23,000 at an invented 10% annual rate over 60 months gives a payment of about $489 a month (our arithmetic). The cases secure the loan.
The equipment financing page compares loans with leases for store equipment.
Taking Over a Clark County, OH Grocery, From Inventory Count to Closing
A buyer reads the store's sales by department, supplier relationships, equipment age and lease. Partners ask for the seller's returns and financial statements, the purchase agreement and an inventory count at closing. Any permits that must transfer, such as for alcohol or lottery sales, are part of the timeline.
Supplier Terms and the Cash Gap in a Grocery Store
Some grocery suppliers deliver on terms, some want payment on delivery, and direct-store vendors may collect weekly. The mix decides how much cash the store needs on hand between sales and invoices. Write down each major supplier's terms before sending a request; a partner reading the bank statements will see the pattern of payments and ask about it.
- Which suppliers bill on terms, and how many days
- Which are paid on delivery
- Average weekly purchases by department
- Any supplier credit limits or holds
Equipment Failures and Repairs That Cannot Wait
A failed compressor or freezer can cost a store its stock as well as the repair. Owners who want a cushion for these events can weigh a line of credit set up before it is needed, rather than looking for funding on the day a case goes down. A partner reads the store's history the same way either way; the difference is having the limit in place.
Stock, Slow Weeks and Fixtures
The article on how Springfield, OH stores finance inventory, fixtures and slow months works through a store example. The retail page covers other store types.
Restaurant Loans and Other Food Pages for Clark County, OH Grocers
Restaurants have their own page. The industries page lists every trade, and the Springfield, OH figures page has the county numbers.
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