Capital without collateral
Purchase parts and products, retail or wholesale, without pledging collateral.
Our inventory finance solution
Easy to apply.
Simple as 1, 2, 3.
Apply online in just 7 minutes, by following these 3 easy steps:
When to get business inventory finance
For many small and medium businesses, the supplier debtor period will be shorter than the sales period. So they may need to pay their suppliers in 30 days but it takes them up to 60 days or longer to sell their inventory. Inventory finance is a great way to bridge this gap and ensure you have the working capital you need.
Sudden spikes in sales can be great for business, but not if you aren’t prepared for them. If you find your stock levels are struggling to keep up with sales volumes, then using inventory finance to quickly purchase extra top-up stock or inventory is a great way to ensure you don’t miss out on potential profits.
When preparing for peak sales periods, businesses will need to purchase extra stock and inventory. Inventory finance is a great option to make sure your business has enough inventory to see out the busy season while maximising profitability.
Bringing in a new range of products, while still maintaining or even phasing out current products can be a difficult process. Inventory financing can help cover the costs of new product development until sales start coming through.
Inventory finance FAQs
Inventory finance is a short-term loan used for purchasing stock to sell, or in some cases, the materials and parts to make those products. This type of financing can be a quick injection of working capital for a business that needs to pay their suppliers sooner than they can sell their inventory to customers.
Inventory can be any kind of materials, work-in-process products, or finished goods that you sell. In most cases, the turnover of inventory represents a large portion of revenue. Because of that, inventory is usually considered one of the most important assets of a business.
Many businesses use inventory finance to overcome seasonal cash flow fluctuations. This helps to boost profits during busier periods as it enables you to purchase extra inventory to sell during busier seasons, such as the lead-up to the summer holiday period.
Having more funds means you can purchase stock in larger quantities, and get a better price.
There are many good reasons to use inventory financing in Australia. If your business purchases products on 30-day terms, but doesn’t sell them during this period, inventory financing loans can be used to cover the debtor period. In addition, fast-changing customer tastes sometimes make it necessary to purchase inventory quickly, and this form of business finance can make it happen.
Many traditional lending options require the products or inventory purchased to serve as collateral. Unlike other inventory finance options, our business loans are unsecured. So you won’t have to put up your products or inventory, or other assets like property, to secure your loan.
Inventory finance enables small businesses to quickly access the funds they need to purchase inventory fast. Critically, it helps bridge gaps between purchasing inventory and selling it.
With debtor periods rising for many businesses, the gap between paying for stock and selling it is growing. Inventory finance is a great solution for this, as it allows you to choose your loan amount and term. It also means that you’ll have more control over inventory and working capital around peak periods.
Some lenders will take weeks to assess your application. We use your bank or accounting data to make a lending decision, meaning we can assess your business and give you a credit decision within 24 hours. It takes just 7 minutes to apply, and once approved, you’ll receive the funds within 24 hours. So you can move quickly in getting the inventory you need.
Our loan terms range from 12 to 24 months, and our inventory finance loans are flexible. So if you find that you’ve sold your inventory faster than expected, you can repay your loan early, with no penalty for early repayment.