Inventory Financing

**freeprocessing** · 06-11-2019, 12:46 PM

Does anyone lend using inventory as collateral?

**Sachip24** · 06-11-2019, 12:49 PM

if they hold more then 1.5m in inventory month to month you can reach out to Cross Roads Financial they do inventory LOC's

**Kevin Henry-Seacoast** · 06-11-2019, 12:53 PM

Freeprocessing,

We can provide an inventory accommodation so long as we are financing the receivables in a factoring or ABL facility. If they are seeking inventory financing as a stand-alone, I suggest calling Lee Haskins at Cross Roads. Lee particularly like retail oriented inventory and has been in the business for ions.

KH

**freeprocessing** · 06-11-2019, 01:00 PM

Originally Posted by Sachip24

if they hold more then 1.5m in inventory month to month you can reach out to Cross Roads Financial they do inventory LOC's

Thanks!

**freeprocessing** · 06-11-2019, 01:01 PM

Originally Posted by Kevin Henry-Seacoast

Freeprocessing,

We can provide an inventory accommodation so long as we are financing the receivables in a factoring or ABL facility. If they are seeking inventory financing as a stand-alone, I suggest calling Lee Haskins at Cross Roads. Lee particularly like retail oriented inventory and has been in the business for ions.

KH

Thank you! Receivables are weak. Newer business. Also, less than 1.5m in inventory so it wouldn't be a fit for Lee.

**Kevin Henry-Seacoast** · 06-11-2019, 01:20 PM

Originally Posted by freeprocessing

Thank you! Receivables are weak. Newer business. Also, less than 1.5m in inventory so it wouldn't be a fit for Lee.

How much is outstanding? Perhaps we can provide a facility that grows with sales.

**therosefunder** · 06-13-2019, 05:28 PM

Originally Posted by Kevin Henry-Seacoast

Freeprocessing,

We can provide an inventory accommodation so long as we are financing the receivables in a factoring or ABL facility. If they are seeking inventory financing as a stand-alone, I suggest calling Lee Haskins at Cross Roads. Lee particularly like retail oriented inventory and has been in the business for ions.

KH

do they have a dislike for CBD or hydroponics?

**freeprocessing** · 06-13-2019, 07:42 PM

Originally Posted by Kevin Henry-Seacoast

How much is outstanding? Perhaps we can provide a facility that grows with sales.

1 client a few thousand and the other client 0. That's why I din't bother you with it. They have inventory that they didn't start selling yet and don't qualify for much else so I figured this was the only route.

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