Editor's choice: First Down Funding business loans
- Works with bad credit and most industries
- Only 100 days in business required
- No credit check
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As a distributor, you work hard to sell your manufacturing client’s products. And as a wholesaler, you have to stay on top of purchases and what your retailer clients want.
Maintaining stock, getting shipments out on time and effectively marketing require good employees and cash on hand. When expanding operations and replenishing stock calls for a little extra funding, we can help you nail down financing that’s right for your situation.
Equipment financing and invoice factoring are two suitable options for wholesale distributors since these businesses tend to have expensive equipment and bill large invoices to customers. Below are five top financing options to consider:
Your expenses, credit and other factors shape the types of offers you’d find most suitable. Get a good idea of what to look for by reviewing two main features: offer details and costs.
Though you’ll find different requirements based on the lender you work with, common areas that you’ll want to cover include:
References can help too. A good relationship with a client may mean a good reference, and a good reference from a client could mean additional proof of an income source.
Successfully get going on your next big project or just get off the ground with the right financing, planning and motivation. By fully understanding the needs of your business you can improve your chances of finding the right lending solution.
Make sure to compare your options carefully, and always keep in mind how your market may be changing.
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