Get a Business Loan Using Inventory - YouTube

Would you like to quickly and easily get financing  for your business either to buy inventory or  

using inventory as collateral, well I'm about to  reveal to you the best ways that you can actually  

use inventory to be able to get money to grow  your business, I'm going to show you how to get  

inventory financing regardless of how bad your  credit may be I'm going to show you how to get  

inventory financing even as a brand new business  with no income or revenue verification, I'm going  

to show you how to borrow against inventory  you already have to get low interest rate  

lines of credit and I'm going to show you how to  start a business like an e-commerce business and  

grow it and scale it without even having to buy  inventory being able to get the financing you need  

to actually fund that inventory, along the way  I'm going to sprinkle in some of my best tips  

and tactics to help you get the most money  at the best terms and if you stick around  

to the end I'm going to get you access  to our funding vault of 27 killer ways  

to get money to grow your business we  got a lot to cover so let's dive in.

So there's three main ways to get money for a  business we call this a 3C's cash acquisition  

formula the first is having good personal credit  or business credit the second is having consistent  

cash flow that you verify with bank statements or  tax returns and the third C is collateral and one  

form of collateral you can use to get financing  is inventory now you can either use inventory  

that you have and borrow against that to get like  a low-interest rate credit line or you can get  

the money you need to actually buy the inventory  that you need to even start and grow your

business so for example, let's say that you want to open an e-commerce business selling objects on  

Amazon, well you could definitely do so and you can get the financing you need to even buy the inventory

of what you're selling or let's say you're already  in a big warehouse in a manufacturing facility  

that you own and you already have inventory but  you need to borrow against that inventory to be  

able to get money well you can use that inventory  as collateral to get a low interest rate loan or  

credit line as well, so inventory is a powerful  way to get money for your business because of  

the 3cC formula you don't need cash flow and you  don't need good credit to get it so that means if  

you just have the inventory the inventory and  inventory alone can qualify you for financing  

regardless of how good or bad your credit may be  regardless of whether or not you have revenue can  

verify revenue even as a startup you're still  able to use this creative way to get the money  

you need to grow your business, so when it comes  to inventory financing, there's two main types  

of financing that you may be interested in the  first is a loan or credit line borrowing against  

inventory you already have so let's say for  example you already have inventory let's say you  

already own an e-commerce business you own a large factory you already have a bunch of inventory  

on your shelves they're available now well you  can use that asset as collateral to qualify for  

financing you can get a loan or line of credit for  about 50% of the value of that inventory  

preferably the inventory should be worth a half a  million dollars or more, and you can get interest  

rates as low as 5% even as a new business even if  you have credit issues so that's a very popular  

way to borrow against inventory you already  have you can even use this kind of financing  

to actually buy new inventory to stock your  shelves and the second type of inventory  

financing you may be interested in is specifically  for e-commerce entrepreneurs, so if you are selling  

things online maybe you have an Amazon store or  maybe you're selling on eBay or a Shopify store  

then this is the opportunity for you because  with this type of financing you're actually  

using crowd funding to get the inventory you need  to sell online now in order to qualify you need to  

have and fifty thousand dollars worth of sales  already online but if you sold more than 150  

000 in sales online then you may qualify for this  kind of financing all that's needed to qualify is  

inventory that's acceptable to the actual crowd of  backers so with this kind of financing there's a  

crowd of backers you go to the crowd you post your project and usually within minutes almost 

always within one to two hours the crowd will actually get the money you need to go buy the 

inventory, so let's say you're selling widgets on Amazon well you can actually use this to within a

couple hours get approved for all the money you need to go buy those widgets then as you sell

those widgets online you pay back the actual money that you borrow now for you the benefits 

are obvious you don't need to come out of pocket to buy the inventory you're selling online typically  

an e-commerce entrepreneur goes and spends all  the money on inventory then they wait slowly sell  

that inventory to replenish their cash in order  to repeat the cycle with this kind of financing  

you're actually able to come in, use the backers  to actually get the money you need to buy the  

inventory no money out of pocket then you buy the  inventory then you sell it and as you make sales  

you pay back what you borrowed so this makes it  way easier to maximize your cash flow because you  

you don't have to come out of pocket to buy the actual inventory rates are low and it's easy to

qualify as long as you have acceptable inventory and acceptable inventory is what most inventory  

you're selling online there's some exceptions  like perishable goods or electronics that lose  

value quickly even jewelry but outside of  those things most things that you're selling  

in an e-commerce store you're going to be able to  qualify so if you want to learn more about getting  

approved for these options give us a call for a  free consultation on that consultation we'll do  

a funding assessment to tell you all the loans and  credit lines you qualify for right now we'll help  

you fix things that are wrong with your business  structure that affect your fundability and will  

help you improve them to become more lendable  or even get your business credit reports with  

Dun and Bradstreet, Equifax, Experian for free  for you go over those with you and give you tips  

and tactics to build your business credit you can  get all that by giving us a call at 877-600-2487  

that's 877-600-2487 for your free consultation  you can also schedule online at creditsuite.com  

/console and don't forget to  access your funding vault of 27 killer ways  

to get money for your business you can grab that  at creditsuite.com/27ways that's  

creditsuite.com/number 27 the word  ways for our funding vault of 27 ways to get

money for your business and if you got value from this training make sure you like and subscribe and  

keep your eye out for our next training on more cool ways to get money to start and grow your

business.