Buy
stock with no deposit 100% funding
This amazing product allows small to medium sized
business to
either obtain funding to purchase new stock or, if
overcapitalized
with stock, use that stock to obtain working capital.
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...introducing
STOCK NOW Facility
WHAT
IT IS
STOCK NOW is a bulk
purchasing service specifically designed to meet the
needs of small to medium businesses and suppliers to
those markets.
This product is designed to assist businesses who are
missing out on buying and growth opportunities. It is
not appropriate for under-capitalized businesses which
are struggling to survive.
Until STOCK NOW,
RETAILERS had no specialist funding mechanism which met
their needs and utilized their business assets. Now
RETAILERS can maximise buying and selling opportunities
and stock holdings with the STOCK
NOW Facility.
SECURITY
Our security is the guarantees of the owners of the
business. A mortgage is not normally taken. We do take a
caveat over property owned by the guarantors. The caveat
is only registered if the borrower fails to repay on the
due date. This means that our securities do not
interfere with existing borrowings.
From this...
...to this !!! |
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A unique product with endless potential!
ACCEPTANCE CRITERIA:
Qualifying
criteria are:
• You must have been in business for over two years
• Owners of the business must own a property
• You must have a clear credit history
• Purchases of perishables or stock with short expiry dates
will not be funded
• Applicants must have computerized accounting systems and be EFT users.
Consideration will be given to applicants who do not
meet the above criteria if additional securities are
available.
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STOCK NOW Facility
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