Would you like to quickly and easily get financing for your business either to buy inventory or
using inventory as collateral, well I'm about to reveal to you the best ways that you can actually
use inventory to be able to get money to grow your business, I'm going to show you how to get
inventory financing regardless of how bad your credit may be I'm going to show you how to get
inventory financing even as a brand new business with no income or revenue verification, I'm going
to show you how to borrow against inventory you already have to get low interest rate
lines of credit and I'm going to show you how to start a business like an e-commerce business and
grow it and scale it without even having to buy inventory being able to get the financing you need
to actually fund that inventory, along the way I'm going to sprinkle in some of my best tips
and tactics to help you get the most money at the best terms and if you stick around
to the end I'm going to get you access to our funding vault of 27 killer ways
to get money to grow your business we got a lot to cover so let's dive in.
So there's three main ways to get money for a business we call this a 3C's cash acquisition
formula the first is having good personal credit or business credit the second is having consistent
cash flow that you verify with bank statements or tax returns and the third C is collateral and one
form of collateral you can use to get financing is inventory now you can either use inventory
that you have and borrow against that to get like a low-interest rate credit line or you can get
the money you need to actually buy the inventory that you need to even start and grow your
business so for example, let's say that you want to open an e-commerce business selling objects on
Amazon, well you could definitely do so and you can get the financing you need to even buy the inventory
of what you're selling or let's say you're already in a big warehouse in a manufacturing facility
that you own and you already have inventory but you need to borrow against that inventory to be
able to get money well you can use that inventory as collateral to get a low interest rate loan or
credit line as well, so inventory is a powerful way to get money for your business because of
the 3cC formula you don't need cash flow and you don't need good credit to get it so that means if
you just have the inventory the inventory and inventory alone can qualify you for financing
regardless of how good or bad your credit may be regardless of whether or not you have revenue can
verify revenue even as a startup you're still able to use this creative way to get the money
you need to grow your business, so when it comes to inventory financing, there's two main types
of financing that you may be interested in the first is a loan or credit line borrowing against
inventory you already have so let's say for example you already have inventory let's say you
already own an e-commerce business you own a large factory you already have a bunch of inventory
on your shelves they're available now well you can use that asset as collateral to qualify for
financing you can get a loan or line of credit for about 50% of the value of that inventory
preferably the inventory should be worth a half a million dollars or more, and you can get interest
rates as low as 5% even as a new business even if you have credit issues so that's a very popular
way to borrow against inventory you already have you can even use this kind of financing
to actually buy new inventory to stock your shelves and the second type of inventory
financing you may be interested in is specifically for e-commerce entrepreneurs, so if you are selling
things online maybe you have an Amazon store or maybe you're selling on eBay or a Shopify store
then this is the opportunity for you because with this type of financing you're actually
using crowd funding to get the inventory you need to sell online now in order to qualify you need to
have and fifty thousand dollars worth of sales already online but if you sold more than 150
000 in sales online then you may qualify for this kind of financing all that's needed to qualify is
inventory that's acceptable to the actual crowd of backers so with this kind of financing there's a
crowd of backers you go to the crowd you post your project and usually within minutes almost
always within one to two hours the crowd will actually get the money you need to go buy the
inventory, so let's say you're selling widgets on Amazon well you can actually use this to within a
couple hours get approved for all the money you need to go buy those widgets then as you sell
those widgets online you pay back the actual money that you borrow now for you the benefits
are obvious you don't need to come out of pocket to buy the inventory you're selling online typically
an e-commerce entrepreneur goes and spends all the money on inventory then they wait slowly sell
that inventory to replenish their cash in order to repeat the cycle with this kind of financing
you're actually able to come in, use the backers to actually get the money you need to buy the
inventory no money out of pocket then you buy the inventory then you sell it and as you make sales
you pay back what you borrowed so this makes it way easier to maximize your cash flow because you
you don't have to come out of pocket to buy the actual inventory rates are low and it's easy to
qualify as long as you have acceptable inventory and acceptable inventory is what most inventory
you're selling online there's some exceptions like perishable goods or electronics that lose
value quickly even jewelry but outside of those things most things that you're selling
in an e-commerce store you're going to be able to qualify so if you want to learn more about getting
approved for these options give us a call for a free consultation on that consultation we'll do
a funding assessment to tell you all the loans and credit lines you qualify for right now we'll help
you fix things that are wrong with your business structure that affect your fundability and will
help you improve them to become more lendable or even get your business credit reports with
Dun and Bradstreet, Equifax, Experian for free for you go over those with you and give you tips
and tactics to build your business credit you can get all that by giving us a call at 877-600-2487
that's 877-600-2487 for your free consultation you can also schedule online at creditsuite.com
/console and don't forget to access your funding vault of 27 killer ways
to get money for your business you can grab that at creditsuite.com/27ways that's
creditsuite.com/number 27 the word ways for our funding vault of 27 ways to get
money for your business and if you got value from this training make sure you like and subscribe and
keep your eye out for our next training on more cool ways to get money to start and grow your
business.