Inventory financing is a type of collateral backed lending in the form of revolving line of credit or short term loan. Here the collateral is the inventory or the product in stock.
This funds can be used to purchase additional inventory or to help a business to overcome fluctuations in cash flow.
Inventory of an enterprise acts as a collateral on which finance is done.
Enterprise can use this fund to buy additional inventory or to overcome cash flow fluctuation.
Secured finance (against inventory).
Short-term, Quick and easy.
Who Can apply
Private Ltd, Public Ltd, LLP, Proprietor
Stock Inventory details.
PAN card of the company.
PAN card of the Promoters/Directors.
Business registration document.
Company address proof.
3 years balance sheet, P&L with audit report.
3 years I.T.R of the company.