It’s possible. It’s certainly not easy though, but inventory financing and purchase order finance are two little known and under utilized Canadian business financing strategies for business owners and financial managers. In certain industries, probably yours if you are reading this!, inventory is one of your key assets. The turnover and financing of that inventory play a key role in your sales and profit growth. You ability to purchase and turn inventory are key to the earnings you generate. That’s why when clients ask for information on their ability to finance purchase orders and inventory it becomes critical that they understand their options and the cost of those options. It’s worth stepping back a bit and focusing on the fact that your ability to manage your inventory will play a key role in the ability to finance it. Simply speaking your ability to demonstrate turnover of product, controls in purchasing, and as important, and your firm’s ability to demonstrate reporting around this key current assets on your balance sheet. The purchase order/contract and sales generation is of course the ultimate balance act for any firm – no inventory, or improper levels wont allow you to fulfill sales, too much inventory … Continue reading Real World Lessons On Inventory Financing From Purchase Order To Cash