Inventory Financing (Loan) for Small Business
For most retailers and other small businesses, inventory is the heart of profit. Therefore, being prepared for whatever circumstances may arise in regard to your inventory is monumental, and that is why it is important to understand the benefits of inventory financing.
Inventory financing is a line of credit or short-term funding program used to purchase products for sale. Normally, those products serve as collateral for the loan if the business does not sell its products and cannot repay the loan.
Who should use Inventory Financing?
These programs are particularly useful for businesses that must pay their suppliers in a smaller window of time. This may also be a worthwhile solution for businesses who don’t always have a steady cash flow, such as seasonal businesses like landscapers, for example.
For more information on why Fast Capital 360 is the best choice for your inventory financing needs, contact us!