Storing Inventory Costs Money, So Where Can You Get Help with Funding?

1. Storing Inventory Costs Money, So Where Can You Get Help with Funding?

2. When you started your business, you did not go crazy purchasing inventory because you wanted to see if the business would even take off. So, you stocked what you needed to get rolling. You also purchased a little more of the products you were certain would sell so you would not run out. That, you figured, would be a great way to lose a customer or two.

3. To your delight, the business took off better than you expected. You managed to be able to display all of your products without seeming too crowded and you have some space in the back to store additional inventory. But your customer base is growing, and you are running out of room to store your inventory. You stored it in your home and brought it in as needed, but this will only work for so long, that is until the place next door came open

4. It Is Perfect for Storage The storefront next to yours is smaller than yours, but it has a door connecting it to yours. Apparently, some business had at one time used both as well. You checked into the cost of the lease and based on your revenue you can afford it. The only problem you have is that since your business is new the owner wants two months as a security deposit plus the first month’s rent. Between your inventory payables and other expenses, you don’t have enough for the two-month security deposit, plus the added insurance costs.

5. You need some funds quickly. You do not need a lot, just a few thousand dollars, but your bank has already politely declined the provision of these funds. At the rate, your business is growing you know you are good for the loan, but now you don’t know where to go to get it. A payday loan is out of the question. Here is where a company like Mantis Funding comes in. If you work with a capital funding company like theirs, you can get a Mantis Finding cash advance to get you the funds you need to get that storefront and grow your business.

6. This Is Their Specialty Capital funding companies work only with micro and small businesses to get them the ready cash they need to ensure they can stay open. They exist because they know that small businesses face short-term challenges such as these and frequently need small loans to bridge the gap They work with small businesses because they also know they are the backbone of the economy. Once Mantis Funding reviews your request and approves it, you can have the cash deposited in your account within hours of signing the contracts. Problem solved.

7. Prior to signing any contract, just make sure you look up the reputation of the company you want to work with. For example, looking up Mantis Funding complaints gives you a really good idea on what type of customer service to expect from them.