RETAIL INVENTORY FINANCING
What It is:
Inventory financing is a form of asset-based lending that allows businesses to use inventory as collateral to obtain a revolving line of credit. Retailers must keep the shelves stocked and therefore have a lot of money tied up in inventory. An inventory revolving line of credit helps companies free up cash tied up in their inventory.
Who should use this:
Benefits:
Who should use this:
Small to medium sized businesses that might not have the capacity or credit to fill a larger-than-usual order. This type of financing agreement allows companies to be able to take advantage of larger orders – such as one from a big box retailer like Wal-Mart, without having to tie up too much capital, or capital they do not have.
COMMERCIAL INVENTORY FINANCING
What It is:
Inventory financing is a form of asset-based lending that allows businesses to use inventory as collateral to obtain a revolving line of credit. Commercial businesses must often maintain large levels of inventory in their warehouse or manufacturing facility. Crossroads provides stand-alone inventory revolvers and partners with receivable lenders and factors in order to provide a full financing facility for its clients.
Who should use this: