How to Apply
The process to apply for an inventory financing loan is easy. Use our simple online application to get started. One of our friendly Loan Specialists will get in touch to discuss your financing options.
What Customers Are Saying
Ron Beatty, Owner
Beatty Lawn & Tree Service
Knowing how hard it had been trying to secure small business loans in the past, this family-owned business sought out National Funding thanks to its reputation for accessible, hassle-free loans. Being able to purchase new, reliable equipment was a critical component for this growth business, and National Funding helped them make it happen.
Why National Funding?
National Funding is dedicated to helping business owners succeed. We’ve worked with businesses of all sizes and in all industries to help them get the financing they need. Our simple loan process makes applying and securing financing easier than ever.
Inventory Financing Loan Resources
It’s important to continue to learn new skills and tips as you grow with your business. We curated the best resources on inventory management to help you better plan and execute an inventory management strategy.
Are you using a spreadsheet to track inventory? Software designed for inventory management can make keeping track of inventory much easier, especially as you expand. Check out our tips for what to look for in an inventory system so you choose the software that works best for your business.
Having too much inventory can be as big a problem as having too little. Don’t get stuck with more inventory than you can sell. If trends change, the demand for your current products could go down. Read this post to learn more about managing your inventory to avoid overstocking.
After securing an inventory loan, it’s tempting to restock your inventory right away with your new funds. First, take a look at this article to help you determine the best ways to use your loan. Learn how to measure sales data for an accurate read on what customers want and how to define your niche within your industry.
FAQ: Inventory Financing Loans
Have questions about inventory financing? You’re not alone. We put together this list of the top questions business owners ask about inventory financing.
No! At National Funding, we make the loan application process simple. Our online application only takes a few minutes to complete.
Yes! A less-than-perfect credit score shouldn’t hold your business back from supplying customers with the products they need. We offer bad credit business loans to help you purchase inventory for your business.
Depending on your lender and qualifications, you could get an inventory financing loan faster than you might expect. At National Funding, for example, we pride ourselves on our ability to process and approve qualified applicants quickly. Some approved applicants receive funding in as little as 24 hours.1
National Funding offers business loans with no down payment or collateral needed. That means you won’t need to disrupt your cash flow to secure your loan.
Ratings & Reviews
We work hard to provide a personalized experience for every business owner. Read our reviews to see how we’ve helped business owners like you.
True to our mission, we encourage you to read the following policies and learn how they affect you as a client.
(1) 24 hours:
Fast approvals and 24 hour funding subject to receipt of required documentation, underwriting guidelines, and processing time by your bank. Funds are deposited into your business checking account as soon as the next business day after approval and acceptance of terms.
(2) Early payoff discounts:
National Funding offers special opportunities for its customers to terminate contracts early and receive a discount in the process. Equipment Finance customers who pay off the total remaining balance early, at any point during the contract, will automatically receive a 6% discount off the total remaining balance. Working Capital customers who pay off the total remaining balance in full within the first 100 days of the contract will automatically receive a 7% discount off the total remaining balance. We do not currently offer a discount on our lease contracts. Customers must pay off the balance in full, be current, and in good standing to take advantage of the discount within the time parameters.
(3) Automatic payments:
Loan payments are withdrawn via Automatic Clearing House (ACH) Monday through Friday excluding bank holidays.
(4) Wide variety of payment options:
- Equipment Financing: payments are remitted monthly with terms of 2-5 years
- Working Capital Loan: payments can be remitted daily or weekly with terms of 4 months up to 24 months
(5) Potential Tax Savings:
The Section 179 Tax Deduction allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. Meaning, if you buy (or lease) a piece of qualifying equipment, you can deduct 100% of the purchase price from your gross income. You can secure the equipment, tools, and technology you need, while also taking advantage of significant tax deductions - up to $1,000,000. Consult your tax professional for more details.
(6) Guaranteed lowest payment:
Pursuant to the terms and conditions specified in these Rules and Restrictions of the Guaranteed Lowest Payment, National Funding guarantees to provide the lowest payment on equipment leased through National Funding, for lease terms from 24 to 60 months, or to pay $1000 towards qualifying executed leases. Lease payment comparisons must be based on a lease in excess of $10,000, for approved equipment, and with the same terms and conditions as those offered by National Funding within seven days that the National Funding terms are issued. To be eligible, customers must provide a competitive lease quote without contingencies, and vendor invoice, and in the name of the lessee within seven calendar days of the date National Funding issues its terms. Guarantee only valid on competitive equipment leases. Equipment finance agreements do not qualify.
In the event that the monthly lease payment amount from the competing lease company or bank is lower than the monthly payment that is being offered by National Funding for the same equipment and pursuant to the same terms, National Funding will verify the validity and accuracy of the competing leasing company’s or bank’s payment options, terms and the vendor quote. National Funding has the option, in its sole discretion, to either beat the competing leasing company’s or bank’s monthly payment rate, or pay $1000 to the lessee. The lessee must provide National Funding with the competing company’s or bank’s signed lease agreement with payment terms/options, and take delivery of the equipment. Payments will be made within 30 days, and lessee is responsible for any taxes.
The Guaranteed Lowest Payment is available to both new and established customers of National Funding. This offer is valid for new lease applications only. The Guaranteed Lowest Payment is not retroactive — a previously funded equipment lease with National Funding is not eligible for the Guaranteed Lowest Payment. Only non-contingent offers of lease terms and payment are eligible. Offers made to lessee that include subsidization by manufacturers and/or vendors will not be considered in comparing competing offers.
The Guaranteed Lowest Payment may be discontinued at any time without notice.
To participate in the Guaranteed Lowest Payment program, if you have a lease agreement and vendor quote which you believe will qualify for the program, contact your National Funding Lease Manager.
(7) Terms and Conditions apply:
This is not a guaranteed offer of credit. Loans subject to lender approval. Approval amount is based on eligibility determined by information obtained from Dun & Bradstreet. Actual eligibility may vary. Restrictions may apply. Application is subject to approval by the lender and is based on factors such as business type, time in business, annual sales, average bank balances, personal credit and other variables deemed relevant by the lender.