THE PROS & CONS: TRADE/STOCK LOAN
A trade or stock loan is finance arranged with a bank, specialist lender, or can even be negotiated with a customer or supplier in some cases.
These loans are most appropriate for a bigger, seasonal campaign e.g. Christmas, where a large stock build is required months in advance.
These loans are repayable on an agreed date or event e.g. 30 days after raising an invoice, or in the case of Christmas stock – 27th December!
PROS V CONS