INVENTORY FINANCE

Inventory finance or stock finance provides businesses with finance for the acquisition of stock for manufacturing or resale to their clients. Inventory finance is unique in that the stock to be financed does not have to be pre-sold, invoiced or delivered to your customers. Additionally, real estate security is not required. Inventory finance, also called stock finance ensures you always have stock available for your customers.

Our range of customised inventory finance or stock finance solutions allows disributors and dealers in a wide range of industries to hold more stock without cash flow strain.

Unlike other types of business cash flow facilities, such as invoice finance which only caters for the last phase of cash flow, inventory finance or stock finance is suitable for businesses that require the funds immediately in the first phase of the selling process.

Benefits of inventory finance or stock finance include the following:

• Inventory finance lets you grow your business and profits without the reliance on equity in property or restrictive traditional finance facilities

• Improve your working capital and have the flexibility to purchase stock and make repayments that match your cash flow using inventory finance

• Inventory finance lets you purchase stock with no deposit - 100% funding, including GST

• Expand your customer base and stop missing out on profitable sales and orderswith inventory finance

• Accept seasonal orders with inventory finance

• Increase your purchasing power with inventory finance.

• Obtain bulk discounts on wholesale purchases from your suppliers by ordering in larger quantities with stock finance

• Secure supplier discounts, enjoy bulk savings and reduced freight costs through early supplier payments and larger orders

• Avoid lost sales from stock outs and ensure maximum stock held for peak selling seasons

• Inventory finance requires no real estate security required

• Participate in supplier special offers with stock finance

• Maximise seasonal buying opportunities using inventory finance

• Stock finance lets your business obtain volume discounts

• Obtain early settlement discounts with stock finance

• Reduce freight costs using inventory finance

• Inventory financing increase profit margins

• Flexibility to purchase stock now and make repayments that match your cash flow with pre-selected payment dates

• Deal directly with the decision makers

• Stock finance does not count against customer's credit line

Inventory finance is best suited for the following types of businesses/industries:

• Wholesalers / distributors / resellers

• Manufacturers

• Businesses experiencing good inventory turnover and are in need of cash to replenish stock to cater to customer demand

• Businesses with good credit and sales history

• Inventory finance can provide cash upfront for a wide range of businesses that deal with raw materials, boats, stationery, fresh fruit, clothing and electrical products

• We have helped clients who purchase stock from Australian or overseas suppliers - we can tie this in with trade finance

• Inventory finance is available for most new stock, ranging from raw materials and work in progress to finished goods

For more details on inventory finance or stock finance and how we can help you grow your business, speak to one of the mortgage brokers at Intellichoice by calling 1300 55 10 45. Our experienced business finance team can also help you with other cash flow finance solutions, including invoice finance, trade finance and equipment rental.