CFO’s control. Developing a sound
capital plan requires a continual
assessment of performance and a
willingness to redeploy capital from
underperforming assets when the data
and analytics indicate competition,
demographics, or other market forces
have rendered a particular asset
to be dilutive to overall returns.
Thinking of when you shop in-store, what are the reasons you
typically leave a store without making a purchase?
what I wanted
Price was too high
Capital structure planning for
retailers has become much more
sophisticated, complex, and volatile
over the last decade. Traditional
asset-based loans from commercial
banks to fund seasonal needs are
still the lifeblood for most retailers.
The rise of public and private debt
that is subordinated to traditional
asset-based loans has exploded.
These loans typically have financial
covenants that require predictable
and sustained performance, which
can be challenging given the factors
that affect retailers, including
fashion trends, consumer behavior,
macroeconomic forces, competitive
shifts, and location choices.
Didn't have the right
size or product type
Didn't like item once
I saw it/tried it on
was out of stock
were too long
Store was too
Service was bad
Found lower price
on mobile device
continued on page 12
Ridgestone Bank has become Byline Bank.
New name. Same local team. Same commitment to small business. Still a top 10 SBA lender in the
country*, with a full suite of comprehensive ;inancial solutions to help your business meet its full potential.
To learn more about Byline Bank visit www.bylinebank.com/welcome-ridgestone/
©2016 Byline Bank. All rights reserved.
*Ranked by the U.S. Small Business Administration