Just as Equipment Loans help you get the equipment you need to run your business, an Inventory Loan helps you stock your shelves with goods to sell to your customers. This type of small business financing can be designed as a revolving line of credit or short-term loan. The inventory you purchase also serves as collateral for the loan.
What can an inventory loan be used for?
Small businesses use inventory financing to purchase the products they sell, as well as the supplies they need to provide certain services.
- Restaurants: Meats, produce, and other food supplies.
- Beauty Salons: Hair and cosmetic products
- Retail: Apparel, shoes, books, and other products. May need to stock up ahead of the holiday season.
Apply for an inventory loan from CS Bank!
To learn more about small business inventory loans or start your application, contact one of our commercial lenders today or visit any of our convenient locations in Harrison, Huntsville, Holiday Island, Eureka Springs or Berryville, Arkansas.