Inventory finance provides cash upfront for a wide range of businesses, including for raw materials, boats, stationery, fresh fruit, clothes/fashion and electrical products.
Inventory finance is a means for a business to grow and expand operations. Additionally, businesses who use inventory finance are also able to expand their customer base and take on bigger orders with less concern.
Some of the benefits of inventory finance include the following:
- Inventory finance is designed to help your business grow
- Mortgage lenders advance money for stock that has yet to go out the company door
- Inventory finance is suitable for businesses that need the money immediately in the first phase of the selling process
- You can increase your purchasing power with inventory finance. It gives you the opportunity to purchase additional stock, without any requirements to have it pre-sold, invoiced or delivered
- No real estate security required
- Secure supplier discounts, enjoy bulk savings and reduced freight costs through earlier supplier payments and larger orders
- Increase your purchasing power
- Inventory finance still lets you retain title and control of your stock
- Expand your customer base
