One of the most difficult aspects of running any business is inventory—maintaining sufficient inventory, buying new inventory, or obtaining financing for purchases in the first place. Nearly 42% of business owners report cash flow problems, so you might just have to take out a loan to be able to afford new inventory.
What is Inventory Financing?
All loans essentially fall into two categories: secured and unsecured. Secured loans are backed by collateral, which serve as a guarantee that borrowers will not default on their obligations.