Inventory financing is a bank line of credit secured by your inventory. By using inventory financing you your company can access to cash that would otherwise be allocated to purchasing inventory.
If your a business that sells physical products and have good credit, you may be eligable for this type of financing.
By leveraging your line of credit you turbo-charge your purchasing power. This reduces your limitations set by your current cash flow and allows your business to achieve its potential.
Start planning for greater growth and flexibility to expand your business, without the reliance on equity in property or restrictive traditional finance facilities.
To recieve a line of credit for purchasing inventory, you will first need to be approved by one of our lenders. Your approval is dependent upon on your credit and your annual sales volume. You will need to have gross revenues of $2 million or more annually to qualify.
Once approved, you will be able to immediately pay your suppliers from your line of credit all the way up to your approved amount. The size of your line will be dettermined base on your financial statetements.
For repayment, we have terms ranging from 30-120 days
To know how much financing you are capable of securing contact one of our financing specialists today.