Our client, a manufacturer, had an opportunity to purchase inventory from a supplier at a 25% discount—something priceless in the supply chain nightmare of 2022. The initial purchase would establish a relationship with the supplier that would allow them to take advantage of future discounts and reap the benefits, but they didn’t have the working capital to afford the purchase at the time.
Go from application to approval in hours, not days, with a streamlined process that merges high-tech with human-touch for high-efficiency financing.
How National Helped
National’s expert Business Finance Advisors reached out to the client within minutes of receiving their application, reaching a same-day approval from a lender that fit their needs. Two days later, our client received $300,000 in their bank account, allowing them to secure the discounted inventory and lock in a game-changing relationship.
Where They Are Today
The discounted inventory saved our client $125,000 every quarter, combining to yield over $500,000 in savings this year alone. Their repayment was swift, thanks to the savings, and they plan to continue working with the supplier in the future for additional discounts.
They’re in a much better position than they were one year ago. Now, the business generates more revenue because the client reinvested their savings back into their business to grow faster.
Where Bank Financing Falls Short
Our client wanted to increase their fleet size and add additional drivers to their team. Within 4 days, we secured $125,000 in revenue-based financing to help drive their growth.
Increased Purchasing Power
Our client wanted to buy materials and equipment directly from the manufacturer instead of going through a middleman. But, they had to purchase in bulk, which wouldn’t work for their current cash flow situation. Our team found the right lender for their circumstances, securing $1,000,000 in revenue-based financing that would allow them to save $100,000 weekly and increase their turnaround time on jobs.