SME Cash provides inventory loans to all types of businesses, from wholesalers and retailers, through to the hospitality and construction industry. SME Cash can help meet the peak cash flows of your trading cycle.
Inventory loans are highly useful for businesses required to pay their suppliers in a period shorter than the time it takes to re-sell their inventory to customers. Inventory loans also provide a solution to businesses impacted by seasonal fluctuations in cash flows and can help achieve higher sales - for example, by being used to acquire extra inventory to be sold during trading peaks.
Get pre-approved so you can negotiate your best buying price and not be reliant on Vendor Finance. Improved buying can increase the profit margin for your business. Inventory Loans include finished goods (SKU’s), special orders and/or if you are a manufacturing business – raw materials. If you have accounts receivable, then invoice finance would also be of benefit in business growth.
Loans from a minimum of $5k.
Importantly, SME Cash limits above $10k can act as a revolving line of credit.
How does a revolving line of credit work?
Businesses can use the loan product at their own convenience by drawing down to their limit. As the loan is substantially paid back a new limit is available to drawdown. This just requires you to ‘Go Digital’
by connecting your financials to the BusinessCentre.