Leading WA finance company, In Mortgage & Finance Services (IMFS) is the latest broker group to join AFG. AFG will
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If keeping stock on the floor is what keeps your business running, inventory finance is a short-term loan that allows you to purchase stock in advance without tying up all your cash reserves.
The products you buy are the collateral of the loan, so you don’t have to use your assets to secure the loan. Then you pay back the lender once you’ve sold the stock.
There are numerous benefits to business who need to get inventory levels right.
These types of loans traditionally have short time spans between 30 to 120 days and the rates and fees can be higher. This can really impact your margins. At AFG we work with you to find the right product and terms to help you achieve your goals.
It’s important to remember that lenders want to see a strong track record of sales and a good credit history. We help businesses apply successfully for this type of finance every day. We know what they information they require and, because getting finance quickly can be important, we’ll ensure approval of the finance happens as fast as possible.