Loan with inventory as collateral
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  1. #1
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    Loan with inventory as collateral

    I have a close friend that runs a jewelry business and keeps millions in inventory on hand at any given time. Would anyone know of a lender that would consider his inventory as collateral for possibly a revolving line of credit?

  2. #2
    Senior Member Reputation points: 81657
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    Lightbulb Jewelry Inventory

    Quote Originally Posted by zalman View Post
    I have a close friend that runs a jewelry business and keeps millions in inventory on hand at any given time. Would anyone know of a lender that would consider his inventory as collateral for possibly a revolving line of credit?
    What is your contact info?
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  3. #3
    I can help out with this matter. Pm for more details.

  4. #4
    If you still need help on this file, Send over their info.

    I'll give you a quick response today.


    Matt Spinelli
    ISO Manager
    Spartan Capital
    matt@spartancapitalgroup.com
    201-907-4042

  5. #5
    Senior Member Reputation points: 203054
    Join Date
    Jan 2014
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    1,361

    if they have some kind of accounting software that keeps track of inventory reach out to Jarret over at Cross Roads Financial. they can do inventory lines of credit but merchant must have at least 1-2milion in inventory month to month

  6. #6
    I can do this.

    Respectfully,
    Jimmy Cannata
    Sigican Capital Corp.
    Direct: 718-801-1085
    Email: jimmy@sigicancapitalcorp.com
    Linkedin.com/in/sigicancapital

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