Financing for new stock on demand
Having the resources to keep the right amount of inventory on hand is crucial to keeping your business going. Businesses often need additional working capital during the slow months, or to ramp up inventory for a peak season. Inventory financing is short-term financing so that businesses can purchase stock for sale. This is particularly useful for businesses that have to pay their suppliers in a shorter period of time than it takes them to sell their products to customers.
Inventory financing can help your small business by delivering funding up front to ensure you have sufficient working capital to buy in bulk, prepare for a peak season or take advantage of favourable pricing and supplier discounts.
Inventory financing that's immediate
If you have a strong sales record but are tight on working capital, it can be very difficult to access credit with traditional lenders like the banks. That's why Lulalend has stepped up to offer small businesses a solution to cash flow issues.
Accessing small business financing shouldn't be complicated or time consuming, so we've developed a way to get you financed for up to R1,500,000 in a matter of hours.
Up to R1,500,000 line of credit | Choose a 6 or 12-month term | Qualify in 8-minutes