Inventory loan

Inventory loan

A secured short-term loan to purchase inventory. The three basic forms are a blanket inventory lien, a trust receipt, and field warehousing financing.

Inventory Financing

A loan or line of credit available to a business secured by its own inventory. That is, a business places its inventory as collateral in exchange for an operating loan. Inventory financing is advantageous for businesses with a large amount of physical inventory ready to ship. Inventory financing is used as a stop-gap against temporary cash flow problems resulting from inventory ready to sell but not sold. It is not recommended as a long-term financing tool.
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Each and every time I am able to help a small business with something as basic as an inventory loan all the way up to a client who refinanced a multi-million-dollar debt at a greatly reduced interest rate it was a win - win for both the customer as well as the bank," Hertel said.
been drawing about $25,000 from the business for personal use, while the remaining $25,000 of earnings is used for debt principal repayment on a large inventory loan arising from Martina's recent purchase of the business.
Funds in use at Heller rose 20 percent, principally through the company's inventory loan program.
a subsidiary of Toyota Motor Sales USA, filed a civil lawsuit in Ventura Superior Court alleging Toyota of Simi Valley breached terms of an inventory loan and security agreement.
Few banks will make an inventory loan because of the volatility of commodity markets.
This financing has allowed for the retirement of Corgenix's factoring line of credit and inventory loan with Summit Financial Resources, L.
25-million condo inventory loan at Gull's Cove in Jersey City, N.
The condominium inventory loan was structured with release prices to permit sales of units during the lease-up period.
5 million inventory loan will finance the carry costs associated with the remaining 74 units in
In conjunction with the extension and increase, the Company fully repaid and terminated its $15 million inventory loan from Wells Fargo.
The condominium inventory loan category includes three loans, two of which were previously classified as conversion loans.
AMEX:SVL) announced today that it has entered into an Inventory Loan Agreement and Receivables Loan Agreement with Wells Fargo Foothill, Inc.

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