The term inventory refers to goods and raw materials used to produce goods that will be sold in the future. Inventory is an essential asset for businesses in many industries, including Ecommerce, Retail, and Manufacturing, among others. Especially of late, inventory-reliant companies have experienced delays and inflated prices related to global supply chain jams. In addition to the glaring negative impact on a firm’s top and bottom lines, inventory management issues can also significantly affect business-to-business and business-t0-consumer relationships. This can turn a short-term issue into one that could reshape the futures of some unlucky small business owners. Situations such as these illustrate the importance of taking advantage of opportunities to purchase inventory and materials when they present themselves, even sometimes on short notice.
It is for this exact reason that MobyCap offers small business funding options geared specifically toward inventory purchases. Our quick turnaround time and ability to generate customized approvals of up to $5M allows us to complete deals tailored to our customers’ needs and on their timelines. Moreover, we often structure deals with payback options that allow clients to maximize ROI without impeding or delaying day-to-day operations. We do this by working closely with each merchant to gain a deeper understanding of their current situation, their future goals, and the obstacles they must overcome to get there. Combined with our superior resources and technologically-advanced process, this approach has established MobyCap as the premier specialty funder in the alternative finance arena.
How to secure a small business inventory loan
After working with clients to understand their needs, our in-house underwriting team can get started with a few standard business documents. We typically generate approvals within a couple of hours of receiving these documents and present all available options. This quick, transparent process allows our customers to capitalize on opportunities to purchase inventory at a discount and/or plan ahead if supply issues persist. Given the current state of global supply chains, quick access to working capital is more important than ever to merchants who rely heavily on inventory to thrive. We’ve already deployed over $1 billion in small business funding to thousands of businesses over the last decade and will continue innovating so we can help many more!
*MobyCap is not providing funding to new/startup companies at this time. We require a business to be operational for at least one year and generating at least $50k per month in revenue to do so.
What is Inventory Financing?
Inventory financing refers to the capital businesses acquire to purchase goods or the materials used to produce goods that will be sold in the future. Many businesses elect to acquire outside funding for inventory in order to preserve other assets for use in day-to-day operations.
Our team has created a streamlined process that can be completed within mere hours in some cases, and we often fund deals within one business day of receiving the documents needed to underwrite. We understand our clients sometimes need to move quickly and strive to do our part as efficiently as possible with this in mind.