Merchant Cash Advances for inventory needs.
Lets take a look at what happens when businesses need to increase inventory based on seasonal trends or large national retail holiday's. Gloria runs a calendar and toy shop her items are in high demand in her mall based stores and kiosks. It is October and Christmas is just 2 months away.
Business cycles for her store seem to slow in the late summer and early fall as kids go back to school. Knowing that her busy season is fast approaching Gloria has only a couple options. She has in the past maxed out credit cards and purchased enough inventory to get her thru her busiest season of the year.
This method however had a two fold problem. Firstly her credit cards carry a very high interest rate and have to be paid off in timely fashion or be subject to high interest penalties and second she is not certain sales will be enough to cover the outstanding debt she just created for herself. If sales are sluggish she may be paying back all that credit card debt on visa and mastercards schedule and not her own.
This is where merchant cash advance can really come in handy. A merchant cash advance would have given Gloria the funds she needed to load up for the holiday season. In addition if sales were indeed slow her payback would have been adjusted because merchant cash advances are paid back thru a percentage of stores sales. This adjustment means no set payment amounts cramping you when it's slow.
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| inventory management |
If you see you have a need to make an inventory purchase, contact a merchant cash advance professional
to discuss your businesses finance need.
Quantum Merchant Services,
Merchant Cash Advance America
7300 Hudson Blvd N
Suite 255
1-800-815-3123 ext #302
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