With PrinVest Inventory Financing a company has a valuable financing tool to support their inventory management. By using a company's inventory as the asset for Inventory Financing, a client can raise additional funds to acquire additional inventory, balance inventory levels, pay suppliers promptly and receive purchasing discounts, which improves profitability. Eligible inventory for inventory financing includes raw materials and finished goods. Obsolete inventory and work in process are not usually included in eligible inventory for financing advances. Clients in the PrinVest Inventory Financing Program have perpetual inventory accounting software packages.
Audits are part of the financing programs along with valuation analysis.
Inventory financing is often structure in a revolving loan format and recalculated on a monthly basis. Inc. All rights reserved.