An inventory loan is a short-term loan or line of credit that allows a business to purchase items for its inventory. The inventory purchased may be unsecured or used as collateral for the loan. So whether you need to replenish your stock or simply increase your inventory, think of City National Bank for your inventory financing.
Sometimes you may find a deal in which you need to act fast; or perhaps a new product is a hit and flying off the shelves. Whatever your reasoning, your business’ inventory is essential to your everyday operations so you don’t lose out on sales, or even customers.
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