Inventory Finance

Could you do more with more stock to help grow your business?

Inventory Finance is specifically targeted to assist clients who have an opportunity to grow their business through the purchasing of additional inventory for manufacturing or resale, but need additional working capital to make this happen. Having access to inventory finance may make the difference between the success or failure of your business.

Clients’ best suited to inventory finance are those that are historically profitable, well established, have current financials and their annual sales turnover is $1m or greater.

Though our partnering arrangements with specialist lenders, we can organise a revolving line of credit to facilitate the acquisition of inventory for our clients. Funding can be arranged on extremely flexible terms that are designed to suit clients looking for funding of amounts up to $3.0m.

Whether you are a manufacturer, wholesaler, retailer or purchase stock from Australia or overseas suppliers, our Inventory Finance solution is available to you and can cover new stock, raw materials, work in progress or finished goods. Clients are not generally required to provide real estate security.

Approved BizBank clients utilising Inventory Finance can access the following benefits:

• A revolving line of credit with facility limits ranging from $50,000 to $3.0m.

• Individual draw downs from $50,000 for terms ranging up to 120 days, with a minimum of 30 days.

• Funding inclusive of all costs (i.e. freight, customs and import duties and custom agent fees), subject to suitable invoicing.

• Additional term extensions to match repayments to your needs on slower moving stock.

• The ability to finance all types of stock, ranging from raw materials to finished goods.

• No repayments until the conclusion of your nominated term.

• Clear and transparent pricing, with no annual line, account keeping or audit fees.
  
  

We can organise simple application and credit criteria with prompt approvals and ensure your requirements are monitored 24/7.

Call us today on 1800 BIZBANK (249 226) to discuss your Inventory Finance needs.