With inventory financing your business can borrow against its existing inventory and qualify for financing. The inventory is used as collateral, so your business can be approved even if you have challenged credit. The approval amount is typically equivalent to 50% of your existing inventory, and loan amounts start as low as $150,000.
This type of financing is perfect for business owners who have a large inventory and are looking for funding for their business, even when they have personal credit challenges.
|Approval Amount||$150,000- $10 million|
|Credit Quality||Bad Credit Accepted|
|Approval terms||revolving line-of-credit|