Recently we helped a distributor of contact lenses with their working capital needs. Like many other companies, they have significant investments in inventory that runs between 3-4 times the value of their accounts receivable.
Invoice Factoring alone would not meet their needs. We can turn assets into the working capital with our inventory finance program or PO Funding services. We advance funds against the value of your inventory, effectively increasing your borrowing power.
An Inventory finance program from Businesscash.com can give your company a competitive edge by increasing sales or decreasing costs.
Instead of your working capital trapped inside a warehouse, imagine the impact on your bottom line if you can take advantage of:
Volume Discounts: Purchase larger quantities and lower your cost of materials per unit. An extra working capital loan can also allow you to purchase inventory when prices and terms are the most advantageous – not during your heavy demand season when prices are highest.
Freight Savings: Buy raw materials in bulk and enjoy lower shipping and transportation costs.
Production Efficiencies: Realize lower costs through efficiencies of scale by using larger production runs.
Increased Sales by lowering Costs: In addition to options for lowering costs, inventory financing can also help by increasing revenues. With less pressure to meet tight payment deadlines for repayment of materials and labor, your company can offer more aggressive terms and incentives. These benefits help put your sales team ahead of the competition and win more contracts.