Pharmaceutical inventory is hard to finance due to some companies handling controlled substances. It requires bonding, proper logs and storage and inventory tracking, the industry is subject to FDA regulations and a lot of fraud in that industry. From time to time manufacturers request that certain lots be taken out of circulation and the lender must really know the regulations behind each drug. Like Fund says, really hard to finance as a standalone collateral, however, if the main collateral is the company's receivables and the lender is willing to give an over advance based on the inventory, might be doable. Your best bet is either ABL, traditional finance or factoring.