Open with Faire
Dream store,
here we come
The mission
Starting a retail business can be hard. That’s why we created Open with Faire—to help new retailers navigate challenges along the road to opening their dream store.
Get up to $20K in 60-day payment terms
We know stocking a new retail store can be expensive, and financing is often hard to get. Open with Faire offers new stores up to $20K in 60-day payment terms, so they can stock their shelves without worry.
New store owners love Open with Faire
15,000+
Using Open with Faire
$100M+
Payment terms provided
You may be wondering
It’s a payment option that lets you buy inventory and pay up to 60 days later.
During sign up, you may get a payment terms limit that you can use to purchase inventory from any brand on Faire. As you pay off your invoices, those amounts are returned to your available payment terms so you can place more orders. If you exceed your limit, any additional orders will be invoiced when they ship.
To take advantage of the Open with Faire program and get up to $20K in payment terms for your store, you’ll need to submit a short application.
No, payment terms are just another way to pay for orders on Faire. This benefit isn’t a loan and won’t affect your credit.
There is no penalty for not using all of your payment terms. If you've already hit your limit and want to buy more with payment terms, you can pay off an invoice early or apply for an increase.
If you're opening a brick-and-mortar store, we recommend applying for Open with Faire after you get a store space. This increases the likelihood that you'll be able to get an increase to your payment terms limit. If you submit your application without having a store space, you may be asked to submit more information.
If you’re opening an online store, pop-up shop, or another type of business with a public sales channel, a store space isn’t required.