Inventory Loans
Financial growth and business growth go hand-in-hand. The question facing many businesses is how to grow in a way which is manageable, as well as cost effective. Growing marketing, IT, operations, and other functions all requires capital investment, which is not always available to an owner.
Seasonal Inventory
Many cyclical businesses experience substantial changes their supply and demand, often referred to as the “busy” and “slow” seasons. Retail business tends to boom during the holidays, while travel-related businesses are busy in the spring and summer. Busy seasons tend to bring in large volumes of capital and customers, but they also require more inventory than what’s typically kept on hand during the rest of the year.
To avoid an inventory crunch during peak season, inventory loans allow businesses to attain the supplies they need to keep up with fluctuating periods of demand in their industry. Inventory loans can help a business take advantage of busy seasons so they can survive through the slow seasons.
Short-Term Inventory
Some products are available for a limited-time or in limited amounts. Many businesses buy in volume to save money. It’s imperative to secure your product quickly with access to readily available capital at short notice. Buying products with cash can often earn a significant discount, as opposed to buying on terms from the seller.
Some businesses in certain industries need to acquire a product that has a short shelf life. These products will need to be acquired, shipped and sold before time runs out. Inventory loans cover these situations so businesses don’t miss out on short-term opportunities. They provide the necessary flexibility to keep up demand and maintain an edge over the competition.
Inventory loans might be the right fit for your business. Give us a call and we will discuss your situation and see how we can help you achieve your goals.
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