Managing your cash flow well means buying enough inventory to keep your customers happy, while selling it quickly enough to cover your costs and avoid large storage bills. You should generally be turning over your inventory in a few months.
If you need to borrow to purchase your inventory, you should also try to match revenue with expenses. So, your inventory loan should be for months not years. Paying for this year's inventory next year is not a healthy business practice. That's why On Deck's 6- and 12-month loans might be right for you.
Buy with an On Deck Loan.
On Deck Capital provides loans with a mission to help small businesses grow. We step in when small businesses cannot obtain a line of credit from their traditional bank lender. We are not a merchant cash advance company. Our loans range from $5,000 to $100,000. We provide loans to small businesses based on business performance.
Complete our basic criteria below and apply. A Loan Specialist will call you in 1 business day.
Am I eligible? Answer the questions below to find out.