SME Cash can provide Stock Finance to all types of businesses, from wholesalers and retailers, through to the hospitality and construction industries. At SME Cash, Stock Finance is part of our Inventory Loans solution, which can help meet the peak cash flows of your trading cycle.
Stock Finance is highly useful for businesses required to pay their suppliers in a period shorter than the time it takes to re-sell their stock to customers. Stock Finance also provide a solution to businesses impacted from seasonal fluctuations of cash flows. It can help achieve higher sales - for example, by being used to acquire extra stock or inventory to be sold during the peak season.
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.
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.