How Will a Short-Term Inventory Loan Help My Business?

Suppliers often put restrictions on how much merchandise they send and demand immediate payments. They add stress and strain to your already busy schedule while you try to live your dream of running your own business.

Don’t you just hate that?

We have good news! There is a way to get the inventory you need without having to wait or struggle to find the money.

A short-term inventory loan is one option within inventory financing that acts as a stepping stone for businesses to keep operating, satisfying customers, and growing their company. This type of loan can be used as a line of credit, and the inventory you purchase for your business is the collateral for the loan; in the event that you cannot pay back your loan, the inventory will be seized.

It’s important to consider if it’s the right plan of action for your business.

Why Businesses Need a Short-Term Inventory Loan

Whether you’re a retailer, wholesaler, dealership, or seasonal business, a short-term inventory loan boosts your cash flow and leverages your inventory in those tough times.

Businesses apply for a short-term inventory loan to:

  • Replace damaged or lost inventory
  • Do a quick flip when some pieces haven’t sold
  • Launch a new product
  • Re-order specific merchandise because demand is high
  • Prepare for the busy season after having low sales

Greenbox Capital provides financing solutions for various industries, so call us at 1-855-442-3423 to receive the maximum benefits!

What Are the Benefits?

Before you apply for a short-term inventory loan, take a look at the benefits it provides:

  • Protected resources. You won’t need to use your business’ resources to pay for more inventory.
  • Fewer delays. If you use overseas suppliers, you’re aware that you can experience large delay periods and if you have to wait to pay your supplier, the delay period will be even longer.
  • Order more. You have more flexibility to order in bulk, which will save you money in transportation costs.
  • Improve your reputation. Your clients will see that you’re listening to their demands and come back for more, as well as provide positive reviews. You will also be able to handle larger orders to expand your business.

Join Our Early Pay-Off Program

At Greenbox Capital, we provide an Early Pay-Off Program that allows you to receive a discount if you pay off your loan 30, 60, or 90 days from the date of funding. The earlier you pay, the better the benefits! If you want to receive a reduction in factor rate, pay every 30 days.

Greenbox Capital provides fast and easy funding, so you get the working capital you need to grow your business. We provide small business loans[1], Merchant Cash Advances[2], invoice factoring, and more, so contact us today to find the right solution, or apply now!

 

Sources:

https://ca.comcapfactoring.com/solutions/inventory-financing/

https://www.fundera.com/business-loans/guides/inventory-financing

https://www.finder.com/inventory-financing

https://www.valuepenguin.com/small-business/inventory-financing

https://www.fundera.com/blog/factor-rate

 

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[1] Greenbox Capital Small Business Loans may not be available in all regions of the United States and Canada.

[1] Greenbox Capital Merchant Cash Advances may not be available in all regions of the United States and Canada.