Inventory Financing & Loans
Many businesses rely on inventory financing to order products before they sell these products. This allows them to order and get the products in hand to ensure they have enough inventory to sell to their customers.
What is Inventory Financing?
Inventory financing is a form of short-term lending using a loan or revolving credit line. Because the inventory itself can act as collateral, companies can buy the products they need to sell at a later time. This gives them more flexibility in buying seasonal products they know will sell later, but they need to purchase them from the supplier before then.
How Inventory Financing Works
How To Use Inventory Financing
Getting an inventory loan can help a business with cash flow issues that arise when they need to make big inventory purchases from suppliers. There are plenty of ways to use business inventory loans.
Expand Product Lines
Want to add new items to your stock? Inventory loans help you expand product lines so you can offer new options to your customers.
Meet Seasonal Demands
Having products on the shelves is critical during certain seasons. Inventory loans help you get the right products in stock before the season arrives.
Reduce Costs From Other Areas of Your Business
It's important to keep cash flowing in the right directions so your business can run smoothly. By using inventory business loans you can keep payroll and other operations on track.
Why Apply for an Inventory Loan?
Meet Customers' Needs
Businesses need to have product on hand that meets their customers' needs. Small business inventory loans give companies the cash flow they need.
Increase Sales Channels
Selling products online, in store, and through other sales channels ensures that the inventory you buy won't go to waste. Inventory loans help you increase your sales channels.
Invest in an Inventory Management System
Managing inventory takes a lot of time and effort. The right inventory management system simplifies this process and saves you hours of time.
Minimum Eligibility Requirements
You may qualify for a business equipment loan if you meet the minimum requirements below. Contact us to apply.
Better Your Business With Premier Lend Partner
Inventory Financing and Loans FAQ
If you need to resupply your inventory for an upcoming season before you have the revenue to pay in cash or you want to add products to your selection, then an inventory loan might be the best option. With a few different loan options, you can choose what fits your business the best.
Get Financing Today
Get started with your application and join Premier Lending Partner of forward-thinking businesses.
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