Unlock Working Capital for Your Inventory Needs with LVRG Business Funding
STAND-ALONE INVENTORY FINANCE FROM $1MM TO $15MM ”TURN YOUR INVENTORY INTO WORKING CAPITAL”
Providing Revolving Lines of Credit to Businesses Selling to Other Businesses (B2B) or Direct to Consumers (D2C)
Inventory lines of credit work well for many industries, including: E-commerce, Retail, Consumer Goods, Distributors, Manufacturing, Food & Beverage, and more…
Inventory financing, at its core, is a form of asset-based lending in which the amount borrowed is determined by the value of your inventory. Typically, it will be a short-term loan or a line of credit; lenders will lend a percent of the inventory’s value. There’s usually no need for collateral since the inventory secures the loan.
TRUE REVOLVING INVENTORY LINES OF CREDIT FROM $1MM-$15MM
FLEXIBILITY
A revolving line of credit allows you to better manage your working capital needs. No more scrambling to borrow at high costs to meet payroll expenses or to purchase supplies to fill orders.
TAILORED FACILITIES
We can tailor the loan sizes, maturity, and repayment terms to meet your needs. Our loans range from $1MM to $15MM and can be structured as interest-only revolving lines of credit.
NO HIDDEN FEES
We offer competitive rates & disclose all costs up front. We do not charge any management or servicing fees. No surprises.
PROMPTNESS
Receive a financing solution as fast as 24 hours after submitting the preliminary documents. Our expertise in the space allows us to quickly analyze and create a tailored solution based on your needs.
STAND-ALONE INVENTORY FINANCE
Why do I need it? If you are looking for a line of credit and are sitting on significant equipment or inventory, you can leverage those assets by securing an inventory line. Proceeds can be used for acquisition, unexpected expenses or for general working capital needs.
How does it work? We will evaluate the liquidation value of the equipment/inventory and assign a value. You can elect to draw down on the line at will, and only pay interest costs monthly, like a home equity line of credit. We will advance either the lower of cost or the Net Orderly Liquidation Value.
How much does it cost? As with all asset-based lending, the cost varies for each transaction. The monthly percentage is based on:
How liquid the inventory is (liquidation value)
Where its located (centrally vs spread out)
Whether or not its perishable, or fad related
Inventory financing is a good way to leverage existing goods for additional purchases. Unlike AR or PO, this functions more like a traditional line, with interest only payments until maturity for only the portion of principal you draw down.
How long does it take? From the time you submit the application and due diligence materials, it takes approximately a week to underwrite, after which an appraiser is sent to value inventory. To close the process takes approximately 3-4 weeks.
Submission/Approval Process? Initial submission for qualification consists of:
Completed and signed application
Current financials including AR aging and AP
Complete inventory list with locations
Once this is all received and evaluated, LVRG will issue the client a term sheet and closing list. LVRG offers “True Revolving Inventory Lines of Credit from $1,000,000 to $15,000,000.”
Is your business consistently moving millions of dollars worth of inventory? Are you in search of a flexible financing solution tailored to the unique demands of your inventory-based business? Look no further than LVRG Business Funding's cutting-edge Standalone Inventory Line of Credit.
At LVRG, we understand the critical role that inventory plays in the success and growth of your business. That's why we have designed a specialized funding solution that allows you to turn your inventory into working capital, empowering you to seize opportunities, drive sales, and unlock the full potential of your business.
Inventory Line of Credit: A Game-Changer for Your Business
Our Inventory Line of Credit is a game-changer, providing you with the financial freedom to take control of your inventory management and propel your business to new heights.
Here's how it works:
1. Flexible Funding: LVRG Business Funding offers you a tailored credit line, allowing you to leverage your inventory's value. We recognize that your inventory assets have tangible worth, and we are committed to helping you unlock that worth for your business.
2. Smooth Cash Flow: With our Inventory Line of Credit, you can bridge the gap between inventory purchases and customer payments. You no longer have to worry about cash flow constraints stunting your growth potential. Our funding solution ensures a steady stream of working capital, enabling you to meet your operational needs, seize new business opportunities, and navigate unforeseen challenges.
3. Fast and Efficient Process: At LVRG, we understand that time is of the essence for your inventory-based business. Our streamlined application process is designed to minimize paperwork and expedite funding. We make sure you have the capital to promptly seize market opportunities and optimize your inventory turnover.
4. Tailor-Made Financing: We recognize that businesses come in all shapes and sizes. That's why we offer customized funding solutions that align perfectly with your unique inventory requirements. Whether you need funds for restocking, seasonal inventory fluctuations, or expanding your product offerings, LVRG's Inventory Line of Credit provides the flexibility you need.
5. Experienced and Trusted Partner: With LVRG Business Funding, you're not just getting access to financial assistance; you're gaining a reliable and experienced partner. Our team of experts understands the intricacies of inventory-based businesses and is committed to helping you achieve your goals. We pride ourselves on providing exceptional customer service and ongoing support every step of the way.
Transform Your Inventory into Untapped Potential
Don't let your inventory assets be idle. Let LVRG Business Funding assist you in transforming your inventory into working capital that empowers your business to grow, innovate, and thrive.
Contact LVRG today to explore the possibilities of our Inventory Line of Credit. Our team of experts is ready to assist you in leveraging your inventory's worth and maximizing your business potential. With LVRG Business Funding by your side, you can turn your inventory challenges into prosperous opportunities. Call (855) 998-5874 or click below to get started.