With Inventory Financing, you can get approval for a line with low rates, regardless of personal credit quality. You won’t need financials or good credit. To qualify, your business must have existing inventory now that is valued over $500,000. It might be supplies, retail merchandise, materials used to produce your product, or other non-obsolete inventory. The lender will review your existing inventory and the quality of your inventory management system. If you have inventory that qualifies you can get approval quickly with a review of your inventory records.
You can even get approval for a credit line with low rates, even with severely challenged personal credit and low credit scores, and even with recent derogatory items and major collections on your credit report.